1. If the credit card is overdue for a long time, and a lot of expenses such as interest and liquidated damages are incurred, part of the interest and liquidated damages can be reduced through negotiation, and the remaining principal can be amortized without interest, which can greatly alleviate the repayment pressure of the debtor.

2. Deferred settlement. If the cardholder has no funds to repay at this stage, he can choose to postpone the settlement, that is, postpone the repayment of the money for several years, and then apply for a one-time reduction and settlement.

3. installment with interest. If the bank does not agree to reduce interest, it can choose to pay interest in installments, package the minimum repayment amount every month, change more if it has money, or repay in advance.

loans overdue's influence:

1. Failing to pay it back within the time limit will affect personal credit. Lenders borrow money from banks, and if they fail to repay it within the time limit, their personal credit report will leave a bad credit record. It is very difficult to apply for a credit card and a loan in the future, and most of them will be rejected, which will cause a lot of troubles to personal production and life.

2. The most direct consequence of not paying back the credit loan is a high penalty interest, and you may have to pay a certain penalty. Even the principal and interest add up to a lot of expenses, and the result of not repaying on time is to increase my economic pressure.

3. If the loan is overdue, the lender will face all kinds of collection. Banks or financial institutions have their own collection system. After the lender is overdue, the primary collection will send you a text message and call for a reminder. If you don't pay it back for a long time, and the degree is serious, there will even be face-to-face collection by the collection personnel. This overdue person should be mentally prepared and should try to pay off the money at the first time before solving it.

4. If the loan is overdue for a long time and the amount is relatively large, the lender may be sued by a financial institution. After the lawsuit is accepted, the lender's assets may be sealed up after the court has pronounced the sentence. This is the "repayment award" that the lender must implement, otherwise, the court will seal up the assets such as real estate under your name according to law, and repay the arrears with the proceeds from the auction.

5. If the circumstances are serious, you may go to jail. Normally, such incidents as borrowing money and not paying it back are civil disputes and will not rise to the criminal level. However, if some lenders refuse to implement and insist on not paying back, if the circumstances are serious and bad, the court will also investigate the criminal responsibility of the borrower, depending on the circumstances, and if the circumstances are serious, they will go to jail.

Legal Basis

Article 673 of the Civil Code of the People's Republic of China

If the borrower fails to use the loan according to the agreed purpose, the lender may stop issuing the loan, recover the loan in advance or terminate the contract.

article 674 the borrower shall pay the interest within the agreed time limit. If the time limit for paying interest is not stipulated or clearly stipulated, and it cannot be determined according to the provisions of Article 51 of this Law, if the loan period is less than one year, it shall be paid together with the loan; If the loan period is more than one year, it shall be paid at the end of each year, and if the remaining period is less than one year, it shall be paid together with the loan.

article 675 the borrower shall repay the loan within the agreed time limit. If the loan term is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 51 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.