1. Apply for deferred repayment

Except for a few bank credit cards, most of them have deferred repayment services, that is, after the final repayment date of the credit card, it can be extended for 3 days repayment period. For example, if the last payment date for a credit card is the 5th of each month, the payment can be extended to the 8th. Some bank credit cards have a 3-day deferred repayment period by default, and some banks need to call to apply. This method is suitable for situations where the funds are withdrawn late.

2. Modify the billing date

Modifying the billing date can delay the repayment time by nearly one month. For example, if the 5th is the billing day, you can call the bank on the 4th to apply to change the billing date. Then the bill originally issued on the 5th of this month will be postponed to the 4th of the next month, and the repayment period will be extended. It should be noted that there is only one opportunity to modify the statement date per year, and some banks can only modify it once in a lifetime, or it is impossible to modify it. It is best for cardholders to call their banks in advance to avoid temporary confusion.

3. Repay the minimum amount

If you don’t have enough money to repay, you must at least repay the minimum amount so that it will not be overdue, but there is no interest-free period. The interest will be higher. There is no other way. At present, the minimum repayment amount of many banks is only 5% of the bill amount. For example, if the consumption bill amount is 10,000 yuan, it will not be considered overdue as long as 500 yuan is paid on the final payment date.

4. Make bill repayments in installments

In addition to the minimum repayment, you can also apply for bill installments. Currently, the longest installment period is 36 months and the shortest is 3 months. There is no interest for installment repayment, but there are handling fees. The annualized interest rate is generally between 15 and 20, which is not commonly used. If you repay the loan in installments in advance, the remaining handling fee will be charged in one lump sum, which is a bit tricky.

5. Find someone to borrow money and repay the loan

If you really have no money, just find a way to find someone to borrow money from, such as family, friends, colleagues, or relatives. They were willing to help, borrowing money for temporary turnover and then paying it back to them. It is best to receive the full amount, so that the cost of credit card repayment is minimized. I'm afraid that in today's society, there are not many friends who can borrow money. After all, the lack of integrity is very serious. There are too many phenomena where you act like a grandson when you borrow money and when you pay back the money, you act like a grandfather.