1. What should I do if I owe more than 200,000 bank cards and credit cards and cannot repay them?
1, minimum r
1. What should I do if I owe more than 200,000 bank cards and credit cards and cannot repay them?
1, minimum repayment amount
At present, banks generally have a minimum repayment amount. As long as the minimum repayment amount is paid before the deadline of the final repayment date, it has no impact on individuals, but it will charge five ten thousandths of interest every day.
Step 2 repay by installments
You can apply for installment repayment before the deadline of the final repayment date, and the installment fee will increase with the increase of the number of installments according to your repayment ability.
Step 3 change the bill
The repayment date can be extended by changing the billing date, but the billing date cannot be changed at any time, and the number of changes to the billing date varies from bank to bank. Some banks change the accounting date twice a year, and some banks change it 1 time a year.
Step 4 negotiate with the bank
Negotiate with the bank to explain the situation, and prove that he didn't intentionally fail to pay it back within the time limit, and there are reasonable reasons for not paying it back temporarily.
2. What is the process of negotiating repayment with the bank after the credit card is overdue?
1. Cardholders should take the initiative to contact the issuing bank, explain their own situation clearly and indicate the reasons for overdue. It is best to prove that the overdue is not the cardholder's own reason, but other third-party factors.
2. If the bank agrees to negotiate the application, it shall produce relevant certificates in time to prove that the individual is temporarily unable to repay the loan. At this time, evidence can be produced to prove non-subjective reasons, such as unemployment, bankruptcy, serious illness and so on.
3. After the bank approves, sign a new repayment agreement. When reaching an agreement, you need to leave evidence, such as telephone recording, electronic or written form, and then repay the loan in installments.
4. After negotiating and signing a new loan contract, the lender can't overdue it, otherwise the previous negotiation plan will be invalidated directly.
Overdue repayment of credit card refers to the situation that the final repayment period stipulated by the bank is exceeded and the consumption money is not deposited into the designated account in full and on time. Late repayment of credit cards will affect the credit history of cardholders. At the same time, the bank will charge a certain interest on overdue repayment, which is generally five ten thousandths of interest. The value date is calculated from the date of consumption.
If you can't repay your credit card, you can use the installment payment function. The specific staging time and method need to be communicated with the issuing bank. It is necessary to sign a new repayment agreement to clarify the rights and obligations of both parties. You can also open up sources and reduce expenses, reduce unnecessary expenses in daily life, strive to increase your economic income, and strive to pay off the debts in your credit card as soon as possible.