People in prison have to pay back the money in their credit cards. When people are in prison, they can ask their family or friends to help them pay back their credit cards, and then pay back the money after the funds are plentiful. If the credit card is overdue and the circumstances are serious, it will also be prosecuted by the bank and investigated for legal responsibility. If the cash flow is difficult and the credit card can't be paid, you can apply for the bank's delayed repayment service in a short time, or you can repay by installment, minimum repayment or changing the billing date. If the credit card is overdue due to imprisonment, the interest can be waived through negotiation with the bank. Moreover, because the cardholder does not have the ability and conditions to repay the credit card debt during his sentence, if the bank continues to charge interest during his sentence, the cardholder can bring relevant documents to the cardholder's bank outlet to appeal after he is released from prison, but the bank will usually automatically stop the cardholder's interest in prison.
Legal basis:
Article 7 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks. Under special circumstances, if it is confirmed that the credit card debt exceeds the cardholder's repayment ability and the cardholder is still willing to repay, the issuing bank can negotiate with the cardholder on an equal footing and reach a personalized installment repayment agreement. The longest term of personalized installment repayment agreement shall not exceed 5 years. The contents of the personalized installment repayment agreement shall at least include: (1) the balance of arrears, structure and currency; (2) repayment period, method, currency, date and repayment amount of each installment; (three) whether the annual fee, interest and other expenses are collected during the repayment period; (four) the cardholder shall not apply for a credit card from any bank before the relevant funds of the personalized installment repayment agreement are fully settled; (five) the rights and obligations of both parties and the liability for breach of contract; (6) Other matters related to repayment. If both parties reach an agreement and sign an installment repayment agreement, the card issuing bank and its card issuing business service institution shall stop the collection of the cardholder, unless the cardholder fails to perform the installment repayment agreement. If an oral repayment agreement is reached, the issuing bank must keep the recorded data. Recording materials shall be kept at least until the date of settlement of arrears.
Derivative question:
Do people have to be punished for overdue credit cards in prison?
no, if the bank files a lawsuit, it is usually a civil lawsuit. Civil litigation does not affect criminal litigation, so it will not increase the sentence. And if he is detained or imprisoned for a crime and cannot be repaid, he may entrust others to handle it on his behalf. Although the debtor's personal freedom is restricted because of suspected crime, it cannot be exempted from his credit card responsibility, and the bank has the right to file a lawsuit. The bank will trace the overdue credit cards. But it will not increase the original sentence. Unless the credit card meets the conditions of malicious overdraft after being sued for overdue, the court ruled that the cardholder cheated on the credit card, which may increase the sentence. However, even if the sentence will not be increased, after release or release, the bank will still ask the cardholder to repay, otherwise the court will freeze the person's property.