1. How to negotiate with the bank if you cannot afford to pay off your credit card

1. Cardholders can first pay off part of the outstanding balance and then contact the card-issuing bank. Inform them of your strong intention to repay the loan. At the same time, inform the card-issuing bank that your repayment ability is limited and you hope to negotiate repayment. In most cases, if the bank agrees to suspend the interest installment, it will not agree to reduce or reduce the overdue interest and penalty interest. Cardholders can choose a method that suits them to handle the repayment business.

2. To put it simply, if the credit card is overdue for more than three months, you can negotiate for repayment. As for whether the negotiation can be successful, it must be subject to the regulations of the card-issuing bank. If the user's credit card is overdue due to some special reasons and is unable to return it, he or she can submit an application for negotiated repayment to the card-issuing bank. Credit card holders who are overdue for 3 months should negotiate with their bank for repayment and should not leave it alone.

2. Will overdue credit cards affect house purchase loans?

Overdue credit cards will have a certain impact on subsequent house purchase loans. When applying for a home purchase loan, the bank will check the borrower's personal credit information. If it finds that there is bad information such as an overdue credit card, it will evaluate the borrower's loan qualifications, which will affect the loan approval.

Normally, if one spouse makes three consecutive late payments within two years, or a cumulative six late payments, it will be difficult to obtain another loan. According to the degree of credit overdue, it can be roughly divided into the following two situations:

1. The credit card is overdue only once or twice. In this case, the bank will generally not refuse the loan, but may appropriately increase the loan interest rate.

2. The credit card has been overdue three times in a row or six times in total within two years. If your credit record has been overdue three times within two years, or if it has been overdue six times within two years, you may be denied a loan.

3. How much does it cost to go to jail for an overdue credit card?

A credit card that is overdue for more than 3 months will be considered a malicious overdraft. If the bank sues the cardholder, he will be held criminally responsible and will go to jail. If a cardholder overdrafts beyond the prescribed limit or within the prescribed period for the purpose of illegal possession, and fails to return the card for more than 3 months after being called upon twice by the issuing bank, it shall be deemed as a "malicious overdraft" as stipulated in Article 196 of the Criminal Law. ".

Malicious credit card overdrafts include cardholders repeatedly withdrawing cash from credit card business outlets that are very close to each other at a very high frequency, accumulating a small amount of money and occupying a large amount of bank cash in a short period of time; Applying to multiple banks, opening multiple accounts, cardholders repaying old overdrafts, multiple debts resulting in inability to repay, etc.

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