Is it normal for credit cards to owe thousands of dollars?

Credit cards owe thousands of dollars, which is overdue. According to the current regulations, if the principal does not exceed 5, yuan, it does not constitute criminal responsibility. Generally, public security organs will not intervene, but banks can owe money to people.

will you go to jail if you can't pay back your credit card for four thousand?

1. Credit card overdue for 4, yuan will basically not come to the door. You should know that door-to-door collection also requires a lot of costs, such as staff salaries, food, accommodation, transportation expenses, etc., and the interest of 4, yuan may not be enough for these expenses. Therefore, banks will basically not arrange people to collect these thousands of dollars.

2. Although the bank won't collect money at home, if it doesn't return it, the bank may call family or friends to help with the collection. As an adult, I don't think everyone will let the bank keep collecting money for 4 yuan. I suggest you repay it by installments.

3. The credit card owed 4, yuan does not meet the conditions of detention. Only when the malicious overdraft reaches a certain amount can it be criminally detained. However, everyone should not be lucky, because it is not cost-effective to owe 4, yuan to affect the credit investigation.

4. You should know that if you have a bad credit record, you will be restricted from buying a car or a house in the future, and it is impossible to approve a loan if you want to apply. In a word, if a credit card owes 4 yuan, it will not be detained, and the bank will only call or send a reminder letter to the overdue credit card.

the overdue date of a credit card is after the repayment date, that is to say, repayment after the repayment date is overdue. In addition to not enjoying the interest-free treatment for all the consumption funds of the credit card, it is also necessary to pay overdue penalty interest on a daily basis, which will also affect personal credit. If you don't know your credit information, just search: Sky Data, find this WeChat applet, pull out the details of your online loan liabilities and overdue credit status, and make a repayment plan according to your own situation.

if you owe a few thousand dollars to your credit card, will the bank come to you?

those who owe less will not be collected at home. Telling the cardholder to come to the door is actually to put pressure on the customer or cardholder. Its purpose is also to let cardholders repay as soon as possible. After all, we should also consider the cost of going to the door. If you owe thousands of dollars, the business trip cost of two people coming to the door for collection may almost catch up with the actual debt owed by the debtor, and it may not be effective. That's not unnecessary.

there is no law on the matter of door-to-door collection. Because the staff of the bank belong to the bank less than three months after your initial overdue. Then the door-to-door visit of the bank's insiders is not directly said to be a collection. They are investigating the situation, understanding the actual use of funds, and why they can't pay the arrears. In this case, there is no legal basis for you to say that he is a violent collection.

as a creditor, we have the right to know the actual business purpose, current situation and family situation of our loan. So that creditors can prepare for the future. This preparatory investigation is allowed by law.

as for when to call? This should be considered comprehensively. If your card is overdue within three months, it is an internal matter of the bank. This period of time generally does not come to the door. If it is more than three months, the bank will transfer your debt collection work to a third-party collection department. Then the collection department will choose according to the actual situation of your arrears and the cost of going to the door, and finally decide whether to go to the door.

even if you are urged by your door, don't be too nervous. Because of the door-to-door collection, the law stipulates that no violent means can be used, and no intimidation or threat can be made. In addition, door-to-door collection should also be actively faced. After all, it is natural to pay back debts. It is good for both sides to express our willingness to repay and negotiate a better repayment plan. Don't hide from credit card collection, so as not to cause more trouble.

In short, there is nothing to be afraid of, and there is no need to feel ashamed, whether or not you call for a collection. No money is the most shameful thing. Face up to the arrears positively and try to come back again.

If you owe thousands of credit cards, there will be no limit to the credit card arrears, as long as the other party meets the following conditions: (1) The plaintiff is a citizen, legal person and other organization that has a direct interest in this case; (2) Having a clear defendant; (3) Having specific claims, facts and reasons; (4) It belongs to the scope of civil litigation accepted by the people and the jurisdiction of the people being sued. In addition, if the credit card is maliciously overdrawn, criminal responsibility will be investigated. If the amount is more than 5, yuan but less than 5, yuan, it will be deemed as "a large amount" as stipulated in Article 196 of the Criminal Law; If the amount is more than 5, yuan but less than 5 million yuan, it shall be deemed as "a huge amount" as stipulated in Article 196 of the Criminal Law; If the amount is more than 5 million yuan, it shall be deemed as "extremely huge amount" as stipulated in Article 196 of the Criminal Law.

Legal basis

Article 119 of the Civil Procedure Law of the People's Republic of China

Article 8 of the Interpretation of the Supreme People and the Supreme People's Procuratorate on Several Issues Concerning the Specific Application of Laws in Handling Criminal Cases of Impairment of Credit Card Management

Article 196 of the Criminal Law of the People's Republic of China

Will it be punished if you owe thousands of dollars to a credit card

? However, the bank will collect the cardholder, and should continue to send text messages and call to remind the cardholder to repay as soon as possible.

and if the cardholder fails to pay back the arrears, the bank fails to respond to repeated reminders, or even fails to contact anyone, resulting in more and more overdue penalty interest, which eventually leads to more and more arrears, it is still possible for the bank. After all, when the overdue time exceeds three months, the bank has the right.

it is suggested that cardholders pay off their debts quickly, otherwise the amount to be repaid will only increase day by day if the delay is too long. Bad information will also be left in the personal credit report, which will lead to personal credit damage, and the credit card is likely to be frozen by the bank, which will make it impossible to use it again. If you can't pay it all at once, you can pay it back first. The bank will naturally not do it when it sees that the cardholder is constantly repaying the money and can recover the money.

Extended information:

How to talk about credit card cancellation:

If you want to cancel the interest after the credit card is overdue, you can apply to the card issuing bank to stop the interest payment. If the application is successful, the arrears will no longer generate interest, so it will naturally be reduced. However, we need to note that the interest generated by the previous arrears will not be exempted, and it is still good to record it on the bill together with the principal, and the customer needs to pay it off on time.

even if the customer directly applies for interest exemption, the bank will probably not agree. If the customer fails to pay for a while, he can try to extend the repayment period and repay the arrears in installments while applying for suspension of interest payments. In this regard, the bank will consider it as appropriate.

as long as the customer fails to repay the loan on time, but is really unable to repay the loan, the bank may agree, and then the customer can repay the debt on time and in installments according to the repayment plan newly negotiated with the bank.

of course, it is best for customers to avoid overdue situations at ordinary times, and they should form a good habit of paying back on time. If you find that you can't pay off the bill in full, you can actually apply for bill installment before the repayment date comes, or pay the minimum repayment amount of the bill first.

what should I do if my credit card is overdue?

if the negotiation on interest reduction and exemption after the overdue credit card is unsuccessful, there is actually nothing the customer can do. After all, the bank charges the penalty interest at the daily interest rate of five ten thousandths, which is within the normal interest rate range and there is no violation, so it is very difficult to directly exempt the interest.

however, the customer can try to apply for suspension of interest. If the application is successful, although the interest generated before cannot be exempted, at least the interest will not be accrued after the debt, which can also reduce the repayment burden of the customer.

of course, customers had better pay off their debts as soon as possible, and the earlier they have to pay, the less overdue penalty interest will naturally be generated. Even if it can't be paid off for a while, try to pay it back as much as possible. If the total overdue amount drops, the interest will be less.

of course, customers who can't pay off in a short time should take the initiative to contact the bank customer service to negotiate and try to apply for an extension of the repayment period and repay the arrears in installments. The bank understands that customers have the willingness to repay actively and will not go to customers easily. Generally, the bank has the right if it is overdue for more than three months. Therefore, customers should never directly evade payment after it is overdue.

That's the end of the introduction about owing thousands of credit cards and owing thousands of dollars overdue. Did you find the information you needed?