Hello everyone, I am Sibeja Notes

Let me tell you a real case around me to answer this question: About November last year, a customer called me I wanted to apply for a credit card over the phone, which I could do, but I had to meet him in person, but I didn’t ask in detail on the phone. I thought I’d ask him in person, but after we chatted carefully in person, I found out that he was a shady accountant, and his credit card was overdue for 12 consecutive months. Why is it overdue? That’s what’s in the question above. He went in because of some things. He didn't complain to anyone about the debt on his credit card. After he went in, he lost contact with the outside world. His credit card was overdue and the bank couldn't contact him. He had been there for a year, so he was overdue for a year. After I came out, I found that my credit card had been frozen, and the penalty interest and liquidated damages amounted to tens of thousands. I had no income when I first came out, and I was thinking of applying for a few credit cards to pay off the previous overdue ones. This is great, all of them are gone. It can't be done.

Therefore, when a person is in jail, he will have to pay back every penny to the bank, and he will have to pay it back sooner or later.

After a person is in prison, because he is serving time in prison, he has no time to manage credit cards and no ability to create the ability to repay credit cards. How to properly handle his credit card debt is indeed not an easy task.

But no matter what, your debts will not be exempted by going to jail, so you still have to seriously think about solutions.

Because credit cards have billing dates, late repayment will result in liquidated damages and late payment fees, so it is best to communicate carefully with the bank, explain the situation, and hope that the bank will agree to "suspend interest and principal payment". Method of repayment.

When communicating with the bank, you must explain your sentence. If it is a life sentence, the bank cannot wait for you forever. If it is a short-term prison sentence, you can negotiate with the bank and hope that the interest on your credit card will be stopped and you will be given a reasonable grace period to repay the principal in installments. This time will be calculated from the time you are released from prison, because in prison There is no income at all, so repayment is out of the question.

No matter what, after you owe a credit card, the money will have to be paid back sooner or later. Going to jail will not dissolve the civil legal relationship with the bank. If the bank does not agree to negotiate a settlement, you will have to find a way yourself. Go borrow some money from relatives and friends around you to pay off debts.

Instead of letting the interest roll on, you may never be able to pay off these debts in the future. Of course, if you have property, you can entrust a relative to handle the property to repay the credit card. If you passively wait for prosecution and enforcement by the bank, the house will depreciate in value at auction and the loss will be considerable.

If you have no money or property, and your relatives and friends can't help, you can only explain the actual situation to the bank. It would be best if you can reach an agreement. If you really can't reach an agreement, just go to jail and be reformed with peace of mind, and strive for an early date. After being released from prison, I have to think of a solution. After all, my personal freedom is restricted, and I have no way to deal with it scientifically.

Let’s analyze it from a legal perspective:

1. Being imprisoned because of a serious overdue credit card is a crime of credit card fraud. From a legal definition, you are committing fraud rather than being overdue.

2. Since it is a credit card fraud crime, you must bear two responsibilities: criminal liability and civil liability (that is, repayment liability).

3. If a person is already in jail, it means that he is paying criminal responsibility. So, when should civil liability be paid? After being released from prison.

Therefore, I can definitely say: after you come out, you still have to pay it back.

4. You may ask, what should I do if I can’t afford the repayment after I get out? There is only one answer: work hard to make money and pay off your debts.

5. The bank will pursue you for life, and the arrears, interest, and penalty interest are very high.

The three parts of fees incurred by credit card debt are interest, late payment fees and over-limit fees (charged when the amount reaches a certain limit).

Each major bank sets a minimum credit card repayment amount every month. The minimum repayment amount at most banks is 10% of the amount due. If you still owe 10,000 yuan after the due date of credit card repayment. Then, its minimum repayment amount is 1,000 yuan. If citizens repay more than 1,000 yuan, interest will be charged on the arrears at a daily interest rate of 0.5% per day in accordance with central bank regulations.

If the repayment is lower than the minimum repayment amount of 1,000 yuan, late payment fees will also be incurred. Late payment fees will be charged with interest based on 5% monthly interest on the unpaid portion. For example, a citizen only repaid 500 yuan, which did not reach the minimum repayment amount of 1,000 yuan. Then, in addition to interest fees, there is also a late payment fee of 500 yuan at a monthly interest rate of 5%.

In addition, if the credit card debt is in arrears for too long and the accumulated debt reaches the limit specified by the bank, over-limit fees will also be incurred. Over-limit fees will be charged at a monthly interest rate of 5%. Some banks have minimum and maximum limits on over-limit fees.

It is worth noting that all credit card fees are calculated based on compound interest. If the cardholder does not repay in time, then next month, his interest, late payment fees, over-limit fees, etc. will be calculated as compound interest progressively on the principal, which is what people usually call interest compounding.

Very scary.

6. The bank will enforce you through the law. If you have a house, car, deposit, or other property in your name, it may be enforced.

7. Your personal credit system will collapse. No matter what you do in society in the future, you will be subject to great restrictions and obstacles. In a credit society, it is difficult to move forward without credit. Don't spend your whole life just because of some money.

In summary:

Credit cards are not black online loans, so you should pay them back honestly.

Negotiate the repayment period and amount with the bank, and work hard to make money to repay the debt. If you have a house and a car at home, sell them and close the debt.

Generally, the amount owed on a credit card is not much, ranging from tens of thousands to hundreds of thousands at most. It is not difficult to pay it off if you grit your teeth and work hard. Don't risk your life because of this, it's not worth it.

What should I do if a person is in jail and cannot pay off his credit card?

Let’s do a simple analysis around this issue:

First of all, if leaving it alone is the most unwise choice, because even if you go to jail, you will find that no matter what Both the judicial system and the credit system are hacked, making it difficult to move forward.

You can entrust others to handle it for you. The debtor cannot be exempted from credit card liability because his personal freedom is restricted because he is suspected of committing a crime, and the bank has the right to prosecute. It is recommended that the parties concerned actively communicate with the bank or contact family and friends to handle it on their behalf, otherwise it may constitute credit card fraud. According to the first paragraph of Article 196 of the Criminal Law: “Whoever commits credit card fraud in any of the following circumstances and the amount is relatively large shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan and 20,000 yuan. A fine of not more than 10,000 yuan; if the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than 10 years, and a fine of not less than 50,000 yuan but not more than 500,000 yuan; if the amount is particularly huge or there are other particularly serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than 10 years. to fixed-term imprisonment of not less than 1 year or life in prison, and a fine of not less than 50,000 yuan but not more than 500,000 yuan, or confiscation of property: (1) using a forged credit card, or using a credit card fraudulently obtained with false identity certificate; (2) using an invalidated credit card (3) Pretending to use another person's credit card; (4) Malicious overdraft. The second paragraph stipulates: "The so-called malicious overdraft of the debt means that the cardholder exceeds the prescribed limit or prescribed period for the purpose of illegal possession. Overdraft and non-repayment after being called upon by the issuing bank. ”

So the way to solve the serial number is to ask family members or relatives and friends to help deal with it!

This problem is very simple. After being released from jail, you can continue to pay back the money. Criminal punishment cannot exempt you from civil liability, otherwise the bank will I won’t choose to report the crime but choose to keep it private.

If you don’t pay back the money you owe on your credit card, you will have to pay it back in jail!

Don’t open your mouth to borrow money from your family.

Asking friends to borrow money, but you can’t pay back the favor

Only credit cards understand you best and are willing to lend you money and pay off your debts.

I will give it to you. Let me give you an example. In order to invest in a health club, a credit card holder applied for 8 credit cards from multiple banks in three years to make overdraft purchases and cash withdrawals. However, the health club closed down due to poor management, and Mr. Lin owed money. He robbed the bank of more than 1.5 million yuan. Faced with the bank's demand, Mr. Lin not only refused to pay back the money, but also simply turned off his mobile phone. He was eventually prosecuted for suspected credit card fraud.

Ms. Cai, who is in her 30s, has no fixed income or career. However, in 10 years, she applied for 12 bank cards in 6 banks and maliciously overdrafted more than 1.8 million yuan for daily consumption. and buying luxury goods that are never repayable.

In the end, both were sentenced to ten years and six months in prison and fined around 100,000 yuan, with the debts owed to be recovered for life.

In addition to malicious overdrafts, malicious evasion of the law with a small amount will cause heavy losses!

Mr. Lai applied for a credit card for overdraft consumption. After repaying RMB 500, he has been in arrears. After repeated reminders from the bank, the defendant still refused to repay. During the three-year period, the defendant changed his address, work unit and contact information without notifying the bank, evaded the bank's call for debts, and used small malicious repayments to evade the law. In the end, the defendant owed the bank a principal of RMB 32,753.23. The court sentenced him to One year in prison and a fine of 20,000 yuan.

After serving his one-year sentence, the 20,000 yuan seized has already been transferred to the account specified by the court, but this is not over yet. Mr. Lai’s debt record in the bank has not been cancelled, and the amount is getting bigger and bigger. The bigger the number, the current number has risen to more than 340,000 yuan. On his personal credit record, this debt has become a "pain" that will never be erased.

When the debt is less than 10,000, and within 3 months

The bank will appoint a lawyer to sue you, and then the court will enforce the property in its name, such as bank deposits and real estate. , cars, etc. This will affect your personal credit score, making it difficult to get a loan in the future.

In addition, you have to pay all the late fees, interest, etc. due to the overdue payment.

The debt exceeds RMB 10,000, is overdue for more than 3 months, and has been collected more than 2 times

Depending on the amount of debt you owe and whether you have any malicious intention to not repay, you will be charged. Sentence 1-15 years.

Of course, this is already a "malicious" overdraft.

You are already in jail and you still don’t care that his credit card has not been repaid yet. Tell them that this is called force majeure and that the repayment will not be done for the time being. Don’t count the interest. Just remember when the principal will come out and there will be income before repaying it. Don’t worry about the bank. They won't go to jail to collect debts from you. Even if they collect debts, it will be in vain. They probably won't let you work on a side job or a part-time job or something.

The bank is not afraid that you will not repay the money, but is afraid that you really have no money. Some companies borrowed a large amount of money and just bought equipment, but the company went bankrupt before they started production. You need to use the equipment. It's a treasure if you don't use it. If you don't use it, it's just a pile of garbage. Someone wants it at the price of scrap iron. If you leave it undisposed of, it's a bad debt. If you dispose of it, it's a bad debt. A pile of equipment carries a loan worth hundreds of millions. Disposing it is just a matter of time. It’s only worth tens of thousands of yuan. How to fill the huge hole in the middle? You can only leave it alone for now. Maybe after a few decades of inflation, you can fill the hole yourself. It’s not surprising. If you borrowed 1,000 yuan forty years ago and put it in Today that is not a concept at all.

So at this time you have become the strong party, and the bank has really become the vulnerable group this time. The bank will wait for you to make money and then look for repayment.

Hello friends! When I read the title, I thought of a white-haired girl. Her hair is all white and she still dares not go down the mountain... The friend in the title is "like that" and is worried about a small card... I understand! After all, "in there", although there is a lot of work, the "salary level" is still far from satisfactory... Let me start with a not-so-good message, the credit card still needs to be repaid! Here's another piece of good news. Things must be reversed when they go to extremes. To take advantage of this, first issue a certificate and apply for a reduction or exemption of the fees and interest during the period... Then negotiate with the bank in good faith about the tragic experience... Maybe a bad thing can turn into a good thing, and you can pay off your debt through reduction, exemption, and installments. Make money and become a trustworthy person from now on...

First of all, looking at the title analysis, it is the credit card that is owed first, and then... the credit card must be repaid, because it is a debt! And it’s not possible at the bank, because if you “go in”, you’ll be exempted from everything... If that happens, you still have to queue up... These two things are different!

The second point is that there is indeed no income and labor ability during this period, which is also a special reality! To issue a certificate, first communicate with the bank and exempt the fees and interest during this "period". It is very feasible...

Third, bad things turn into good things, a big reversal! After being in jail, there is no income, and it is impossible to return to a normal state immediately... I just use this matter to negotiate with the bank, so that the desperate bank can see hope... I want to pay it back day and night, but there is indeed no income... Even, Maybe, with jail time and a credit card, Qiansi can still be there! Wan Lian... tell your tragic story to the bank to show your sincerity in repaying the loan. Maybe the bank can be moved by your sincerity and make some allowances. For example, it will first exempt or exempt the fees and interest during this period... and then other things. Interest charges will be appropriately reduced, exempted, combined with installments, etc... In this way, the total amount is reduced, and time is gained. Both the bank and you win, and society is harmonious...

Comprehensive analysis, these are two different Incident, but there are also thousands of clues...! If you don’t pay back at all, the full reduction is obviously unrealistic! If you insist on delaying repayment, the credit report on the credit card... does not rule out the possibility of prosecution in the future... In the future, daily life, such as financial activities, and even family members, will be subject to many restrictions, and the gain will not be worth the loss! And if through this matter, friendly and sincere negotiations are carried out, the bank will recover the principal on the basis of granting reductions, exemptions, installments, etc., you will clear up your credit report, behave upright, be an honest person... and society will be harmonious. It’s a good way for all parties to win, with good results!

You must pay back the money you use in the bank. No matter what situation you are in, there is no excuse for you to avoid the debt. Therefore, in the end, you still have to work hard to make money and then pay back the money.

1. Overdue credit card

Overdue credit card is a breach of contract. At this time, you can negotiate with the bank and use minimum repayment and bill installments to effectively remedy the overdue issue. The situation is that there is no need to file a credit report, and the debt is still paid off.

If you have passed the minimum repayment and bill installment time, it means that you are overdue and have a credit report. At this time, you should also negotiate with the bank to ensure that you pay off the debt. Do not ignore it. Question, in this case, the bank will usually give you a grace period. Although you are overdue and have been listed on your credit report, the bank has not blacklisted you yet.

If you are unable to repay, don't be a "laobao". You should also negotiate with the bank, express your current situation, and express that you will pay off the debt. Don't let the bank go through judicial procedures. If you are not active Communicating with the bank. Being on the blacklist is a small matter, but being complained by the bank is a big deal.

2. Credit card repayment

Credit card debt cannot be repaid, so the best way is to actively repay it. The most common and effective method is: Borrow money and pay off your credit card debt as soon as possible, otherwise the interest and late payment fees will be enough for you.

The second thing is to work hard to make money and return the money to the people who lent you money. Don't let your credit report be ruined and make yourself disliked by others.

After all, it is a matter of course to pay back debts. No matter who you owe money to, you cannot escape it. The best solution is to repay the money without taking any chances.

There is a joking saying: What will happen to those who do not pay back money?

Answer: Either running away, or on the way to running away.

When the person applies for a credit card, the phone numbers of his immediate family members, relatives and friends will be left. When the person loses contact for a certain period of time, the bank will contact your emergency contacts one by one until the debt is owed. I have personal experience in settling the debt, so I won’t go into details. It is natural to pay back debts.

Money in the bank does not come by waste. In the era of big data, please cherish your credit. Only after you lose it will you realize how important it is.

Because the money was not paid, I will make a new judgment after careful verification, provide a chain of evidence, and provide real data, but pay attention to the fact that it must be a legal debt, and then slowly use my own ability to make money. Fill in.