The card owner applied for this credit card more than ten years ago. When I applied for it, it was because I was taking the driving test in Beijing and needed a credit card to pay traffic fines. After applying for it, they used this card many times, and each time they deposited money in and then took it out. Before they left Beijing, they used this card for the last time and accidentally withdrew an extra 200 yuan. This resulted in an overdraft on this credit card. Then after they returned to their hometown, they changed their mobile phone numbers and never returned to Beijing. I have never gone to this credit card bank to handle any business. They forgot about the overdraft on this card. It wasn't until July this year, when they went to this bank to apply for a bank card, that they received another notice of arrears on their previous card.

From 2009 to now, this credit card with an overdraft of 200 yuan has accumulated to 32,000 yuan. Only when they went to the bank to make a payment did they find out that this card would incur late fees and loan interest every month due to overdraft. After the late payment fee increased from 1 yuan to the maximum of 500 yuan, 500 yuan will be deducted every month. Later, the late payment fee was cancelled, and the bank added a penalty of 500 yuan per month. And the monthly interest rate has increased from 2 yuan in 2018 to more than 80 yuan now. For their situation, the lawyer suggested that they check the amount with the bank and negotiate with the bank whether it can be reduced or reduced. If negotiations are unsuccessful, you can appeal for a reduction.

The consequences of an overdue credit card are quite serious. It will affect your credit report and even enter the bank's blacklist. Credit cards can indeed help us cope with emergencies sometimes, but we must remember to pay the money back after using it. If you owe a lot of money and don't pay it back, you may become what we often call a deadbeat. At that time, the court may force you to pay back the money. Although the couple did not do this subjectively intentionally, they also caused this result because of their carelessness. Because the couple always thought it was a savings card, they ignored it for so many years.