A limit of 0 means that you can no longer use your card for overdraft consumption, and it will not affect your repayment. Repay normally according to the billing period. If normal, the credit limit will be restored after repayment. But you mentioned that you owe more than 3,000 yuan for a year. I don’t know if you have applied for the installment in time, or you have been delaying it. I don’t know if there will be a late payment fee, and I can’t be sure whether your limit will be restored normally after repayment. It is recommended to call the customer service hotline of the bank’s credit card center for consultation.

Banks issue thousands of credit cards every day, and among credit card users, thousands of credit cards are reduced and blocked every day. Some cardholders' credit card limits were simply reduced, while others' credit cards were directly reduced to 0 yuan. What should I do if I reduce my credit card limit to 0 and have no money?

What should I do if I reduce my credit card limit to 0 and have no money?

Credit card is a credit product launched by banks. Whether a user applies for a credit card or uses a credit card, its record will be registered on the user's personal credit report. Therefore, you must remember to pay back the credit card bills on time. If the user causes the credit card bill to be overdue for some reasons, the consequences will be serious.

If the user's credit card credit limit is suddenly reduced to 0 yuan and he is unable to repay the bill, he can first choose to negotiate with the bank for repayment. As long as the cardholder has a strong willingness to repay and a good repayment attitude, and with proof, the bank will also allow deferred repayment taking into account the cardholder's current insufficient repayment ability.

Cardholders can also choose to repay the minimum payment on their credit card bill. Even if the credit card is reduced, it means that the bill needs to be paid off in one go. Cardholders can also choose to repay the bill in installments. If the bank tells the cardholder to repay it all at once, the cardholder can also choose to ask family members for help.

We need to remind everyone that when you are unable to repay your credit card bill, you must not think about borrowing other loans. The method of repaying loans with loans is not a long-term solution. It will only make the loan and interest grow bigger and bigger. In the end, the repayment pressure of the card holder will only increase and the cardholder will be unable to repay.