Current location - Trademark Inquiry Complete Network - Overdue credit card - 28 years old, my business failed, I owe 200,000 for online loans and 200,000 for credit cards, but I can’t pay them back. What should I do if they are all overdue?
28 years old, my business failed, I owe 200,000 for online loans and 200,000 for credit cards, but I can’t pay them back. What should I do if they are all overdue?

The best way is to ask relatives and friends for help, otherwise the interest will keep getting higher and higher and it will be too much to bear.

If you really can’t find anyone to help, then let’s do this

If you can repay the small loan, pay it back. If you can’t, don’t pay it back. When the time comes, they will naturally negotiate with you to repay the principal. golden.

Prioritize repaying credit cards and loans with a good credit report. After all, this will have an impact on you in the future. If you don’t care about your credit report, then think about it separately.

Find a job that can make money and be stable. Come on, if you still can't pay off your credit card, you can use the card manager to help. You can settle the bills with a small amount of money. When your conditions gradually improve, you can pay them all off and live a good life.

Reference: Baidu-Know