What should I do if my credit card doesn't pay back during the epidemic? Recently, affected by the epidemic, many enterprises have postponed the start of work. During the epidemic, some enterprises paid minimum wages to their employees. However, some enterprises closed down directly because of the worsening epidemic, resulting in many people losing their sources of income.
For many employees, income instability directly affects the timely repayment of mortgage, car loan, credit card and other loan products and services. So what if I can't return my credit card on time during the epidemic?
According to the notice of China Banking and Insurance Regulatory Commission, China:
For those who have temporarily lost their source of livelihood due to the epidemic, the credit policy will be appropriately tilted, and the repayment arrangements of personal credit such as housing mortgage and credit card will be flexibly adjusted, and the repayment period will be reasonably postponed.
In this way, if you can't repay on time temporarily, you can contact the bank in time and apply for deferred repayment.
At the same time, another bank said that if it is overdue due to special circumstances during the epidemic, it can also apply to the bank to explain the situation and submit materials after the epidemic, and the bank will adjust the overdue records on the credit report after verification.
The first method: communicate with the bank actively.
If the credit card can't be repaid in time, you can actively communicate with the customer service of the bank through the official telephone number of the bank and actively correct the relevant preferential policies, such as delaying repayment and so on.
The second method: borrow money from relatives and friends to tide over this difficulty.
This method is relatively simple. Borrow money from relatives and friends and pay off your credit card. This method is also a once and for all method, although it may affect our face. But because we paid off the credit card in time, it won't have any impact on our credit information.
The third method: repayment by installments, or repayment according to the minimum repayment amount.
What should I do if my credit card doesn't pay back during the epidemic? At present, there are three main repayment methods for credit cards:
The first method is full repayment, that is, after the bill is issued on a fixed date every month, we need to pay it off in one lump sum before the deadline. This repayment method requires a stable capital flow.
The second repayment method is installment repayment, which can be repaid in different periods after the bill is issued on the billing date. It should be noted that this repayment method needs to bear certain expenses.
The third repayment method is the minimum repayment method. When the bank issues the bill, we will see the minimum repayment. This repayment method also needs to bear certain interest.
If we can't repay the money in full, in order to avoid overdue, we can apply for the minimum repayment method and installment repayment by telephone, but this method requires a certain handling fee.
It should be noted that communication must be made before the repayment date.
Although this practice has to bear certain interest expenses, our credit information is still intact.
The fourth method: apply for deferred repayment.
If you can't repay the minimum repayment amount or installment repayment, you can call the bank customer service phone to apply for deferred repayment.
And at present, many banks have introduced relevant preferential policies. For example, ICBC, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications and many other banks have issued relevant policies, and they all have grace policies in credit card repayment business.
So to sum up, what if the credit card is unavailable during the epidemic? It's actually very easy to solve.
If you can't repay the credit card on time, don't worry too much, and actively communicate with the bank customer service. If we are really overdue for various unavoidable reasons, then we need to take the initiative to communicate with the bank and provide proof materials, which can also erase the overdue records.
It should be pointed out that the impact of this epidemic is multifaceted. In addition to our economic losses, our personal health has also been greatly affected.
It should be noted that recovery does not mean complete recovery. Some people may still have some sequelae or complications and need long-term rest, but we have no income during the rest period.
But if we arrange some insurance for ourselves or our families in advance, we can get good protection, such as critical illness insurance. As long as the symptoms meet the symptoms in the contract, you can get compensation, which can be used as rehabilitation expenses and living expenses during rehabilitation.
Someone died unfortunately because of the epidemic. If they are the backbone and main source of income, the whole family will fall apart. However, if they have life insurance, they can get some compensation for their death, which can guarantee the lives of their parents and children and not be helpless.
What should I do if I can't repay my mortgage and credit card in time due to the epidemic?
Major banks have announced that if the loan is not repaid due to the epidemic, the repayment can be postponed if the situation is true. But when the loan is not paid, it has already affected the whole body, because the conditions given by the bank are limited, and the key is to know how to choose. Specifically, the bank's regulations are very detailed:
First, medical personnel and government workers involved in epidemic prevention and control.
During the epidemic, the hardest thing was the front-line staff, whose wages were actually not too high. In the case of participating in epidemic prevention and control, it is obvious that other family members should also bear family responsibilities, so that the main source of income will be reduced, and they will form a more difficult situation, which makes it reasonable for them to delay repayment.
Second, diagnosed patients.
There are also people diagnosed in the epidemic. As far as the current situation is concerned, the diagnosed patients can't go to work for at least one and a half months when receiving treatment, even if they are isolated in hospital. In addition, people's views on the epidemic now, and some isolation between people around him and his colleagues in the company after discharge are inevitable, so these people should really be given preferential treatment.
3. Isolate personnel (including isolated observers).
In addition to the diagnosis, there are unlucky and lucky isolation. Although these close contacts or people in closed control areas can ensure food and clothing during the isolation period, there is a lot of work that cannot be done because not all industries can work at home. Many skilled workers and factory workers can't work at home. Their isolation means that they can only get basic salary and no other income. As we all know, no matter what industry, if you only take the basic salary, your income is not high.
4. Persons who have no income due to the epidemic.
The hardest hit by the epidemic without income is the catering service industry. During the three years of the epidemic, you can't predict when you will lose your job. Because this fluctuation is too great, it is difficult for people in the catering service industry. Moreover, in many cases, people's livelihood industries such as catering will be given priority when unsealing, while industries such as beauty, fitness and cinema are more difficult than catering. Just as not all industries can work from home, catering is different from other service industries. People who eat can take out food, but others can't.
However, deferred repayment is also repayment, which does not mean that repayment cannot be made, and the impact of the epidemic will not happen overnight. Only by earning money can we really get through this difficulty.
What if the mortgage is serious?
If necessary during the epidemic, you can apply to the bank to postpone the repayment of the mortgage, which is the only solution, because it is impossible to directly deduct the mortgage of the client during the epidemic. In addition, the CBRC has not uniformly stipulated the specific time for banks to delay repayment of mortgages. Special group mortgage overdue, after explaining the situation to the bank, will not affect the credit history. In the Notice on Further Strengthening Financial Support for the Prevention and Control of novel coronavirus, financial institutions should appropriately tilt the credit policy, flexibly adjust the repayment arrangements of personal credit such as housing mortgage and credit card, and reasonably postpone the repayment period for those who are hospitalized or isolated due to the new pneumonia, those who need to be isolated for observation due to the epidemic, those who participate in the prevention and control of the epidemic, and those who temporarily lose their sources of income due to the epidemic. Personal business guarantee loans infected with new pneumonia can be extended for one year and continue to enjoy financial discount support. Financial institutions should give priority to customers infected with new pneumonia or damaged by the epidemic, appropriately expand the scope of responsibility and make full compensation. Affected by the epidemic, it is impossible to repay in time. Upon confirmation by the access institution, there is no overdue record for the relevant overdue loans, and the submitted loans can be adjusted. Individuals and enterprises that temporarily lose their sources of income due to the epidemic can submit credit records according to the adjusted repayment arrangements.
Legal basis:
Article 3 of the Notice of the People's Bank of China on Issues Related to RMB Loan Interest Rate is about default interest rate. The default interest rate of overdue loans (loans that the borrower fails to repay on the date agreed in the contract) is changed from the current daily interest rate of 2. 1% to 30%-50% higher than the loan interest rate agreed in the loan contract. If the borrower fails to use the loan as agreed in the contract, the penalty interest rate will be changed from the current daily interest rate of five ten thousandths to 50%- 100% of the loan interest rate agreed in the loan contract.
What if credit cards and loans can't be turned over during the epidemic?
I am busy paying for the goods. In the past two or three months, due to the outbreak of the epidemic, many friends' credit cards and loans are overdue. Although some objective factors are irresistible, if you communicate with me before the deadline, you may not be overdue or reduce the number of overdue. Now it is a society that looks at credit information, which has a negative impact on later work, children's schooling, personal loans and corporate financing.
If you have a quick turnover now, for office workers and freelancers, you can refer to the following methods I provide:
Change your mind, fear the rules, don't think it doesn't matter if it's overdue, but don't be afraid to face up to this problem. Having a good attitude is the basis of solving problems, preparing for a long-term battle, and determining this cycle according to your own output ability.
Adjust the standard of living and stop all unnecessary expenses. Cruelty is to ensure survival, and everything else stops. For example, the price of pork is so high now, and the pork that I used to eat for one meal is now eaten for three meals. It is better to make a table and calculate the monthly expenses and how much it costs according to the standard of ensuring survival.
It's not nice to sell your property, but it's practical. Money is a thing outside the body. Don't be reluctant. Sell it now, buy it back when necessary, and ensure your own survival first.
More valuable things such as cars, collectibles and so on. If the car is valuable, you can sell it and buy a cheap and fuel-efficient used car. Saving fuel is very important. There are many cars, and the difference in a month is 200-500 yuan. For example, the current car can be sold for 654.38+10,000 yuan. If you sell it, you can buy a 30,000-40,000 used car, which is equivalent to withdrawing 50,000 yuan.
There is no need to use electronic products at home less than a few times a year, or less than a few times next year. They are all put in idle fish that sell electronic products quickly.
Generally speaking, household items, personal items, idle or unnecessary items can be cashed on idle fish.
The most important thing: to increase output capacity, in addition to normal work, it is best to add a sideline, you can see money immediately, and there is no such future income. For example, you can earn 50- 100 more after work. It is best to have a skill, such as singing, drawing people and so on. Increasing income is the root of solving turnover. See the important things three times!
According to my work experience, many people don't have a clear understanding of their debts. When I think I can't turn around, I get nervous and I can't breathe. This is a very wrong view of money and must be changed.
Make a clear list of debts and make a table. You can use your mobile phone and computer to make forms. Very convenient. If you can't do it, please call me and I'll send it to you to record your debt.
The total amount of each credit card, how much debt, how many installments, how much is left in each installment, and how much credit line is left.
How much is the loan, such as mortgage, credit loan and car loan, how much is to be paid in total, how much is to be paid in each period, and how much is still unpaid, all of which are listed.
These data are all on the table, and you will know exactly how much you have to pay back every month.
Income-monthly payment-guaranteed survival =? . If it is greater than 0, congratulations, you can still survive; If it is less than or equal to 0, it depends on how big the gap is.
Because everyone's situation is different, there is no uniform standard for this method of filling vacancies, which varies from person to person!
The following methods are free to play according to your own situation:
Ask relatives and friends for help. At this time, face is not important. Because of the objective reasons of the epidemic, capable relatives and friends will generally help, so take this opportunity to screen your relatives and friends.
Every credit card has the opportunity to change the bill date once a year. For a large amount of debt, you can change it by phone before the bill is issued, which is a disguised way to buy time.
Call the bank and try to delay for another month or two.
Depending on which banks have low interest rates (March-June interest rates) or interest-free installments, credit card arrears will be phased out gradually to reduce the pressure.
There are low-interest loans now. If you have property or car insurance, you can consider applying for a low-interest loan.
The above suggestions, I hope to help you, because everyone's situation is different, welcome to talk to me.
This concludes the introduction of how to apply for mortgage credit card during the epidemic and how to apply for mortgage credit card during the epidemic. I wonder if you have found the information you need?