1. Never choose to run after the credit card is stopped, that is, change your address and mobile phone so that the bank can't be contacted. This is the worst way to handle it. You know, from the day you apply for a credit card, your personal data and credit information will be recorded in the central bank's credit information system. No matter where you go in the future, unless you don't deal with the bank, pay the water and electricity media fee, buy a mobile phone card or handle a fixed telephone, you will find a cardholder and your credit record will be discredited. It will be difficult to get bank loans and credit card approval in the future, and it may even affect your future employment.
2. Once the minimum repayment amount can't be reached, the best way is for the cardholder to contact the issuing bank immediately, explain his situation, and say that he doesn't owe money maliciously, but because he can't pay it off immediately due to temporary economic changes, and apply for an extension of repayment. Generally speaking, as long as the cardholder actively contacts the bank, the bank will usually design a mutually acceptable repayment method for the cardholder, such as delaying the payment. Discount the repayment of interest or repay the cardholder an acceptable amount every month. After all, once the cardholder fails to repay, the money is a bad debt for the bank, so the bank will be happy to save every cardholder who wants to repay but is temporarily unable to repay.
If the credit card is stopped and left unchecked, the consequences will be very serious.
1. If the bank cannot unseal the card after sealing it, the credit card cannot be used.
2. If it is overdue for a long time, the bank will initially urge it to be repaid by itself. If the repayment is still not made, the bank will generally entrust a third-party institution to make dunning. The common methods of dunning by third-party organizations are as follows:
1) Call the debtor's individuals, units and family members, issue warnings and threats, and pursue the pursuit;
2) door-to-door collection, take turns bombing.
These behaviors will bring great mental stress to debtors and their families and seriously affect their daily lives.
Finally, the bank will bring a lawsuit to the court or report the case to the public security department.
4. The overdue credit card affects the credit record, and the credit stain will be recorded in the credit information system. If you want to handle other bank loans and credit card business, the bank will check with the credit report. If there is a record of non-repayment, the bank will generally not accept the application.