Bad debts are handled in different ways under different circumstances. Here are three ways to introduce them:
1, overdue:
There is only one way for bad debts caused by overdue credit cards, that is, to pay off the credit card arrears. Don't cancel the card immediately after repayment, but continue to use the credit card, spend more and repay on time. After using the card for two years, overwrite the bad debt record with the new record.
Otherwise, if you cancel the card immediately, even if the debt is settled, the bad credit will follow you all your life and will not be eliminated after 5 years.
2. Annual fee owed:
If you don't intend to continue using this card, it is recommended to completely cancel the account after paying off the arrears. Credit card bad debts will become overdue records, which will be kept in personal credit report for 5 years from the date of repayment.
3. Overpayment:
In the case of bad debts caused by excessive repayment of credit cards, the cardholder should take out the remaining money in the card, then completely cancel the credit card and all accounts related to the card, and ask the bank to cancel the bad debt record on the credit report.
Extended data:
Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when spending, and repays on the bill date.
Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay.
Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.
Compared with ordinary bank savings cards, the most convenient way to use credit cards is for ordinary consumption, and there is no cash in the cards. In many cases, it is enough to return the consumption amount on time.
You can spend without deposit overdraft, and enjoy an interest-free period of 20-56 days to repay on time without any charge (most banks will charge 0.5% interest on the day of cash withdrawal, and there will be a 2% handling fee, but ICBC will only charge interest).
It is not only safe and convenient to swipe your card when shopping, but also a bonus gift.
Special merchants who hold cards in banks can enjoy preferential treatment.
Accumulate personal credit, add credit records to credit files, and benefit for life.
Access to the whole country is barrier-free, and you can withdraw money or spend money by credit card on ATM and POS machines with UnionPay logo; (Note: Credit cards are only suitable for credit card spending. It is best not to withdraw cash, which is expensive and uneconomical. )
Credit card spending, some credit cards get existing points, and various discounts and lottery activities throughout the year, so that you can always have surprises as long as you use the card; (Most credit cards have no points for online payment, but online payment is very convenient and fast. )
Mail the statement free of charge every month, so that you can grasp every consumption expenditure transparently; (Now advocating environmental protection, you can cancel the paper statement and change it into an electronic statement. )
Unique supplementary card function, suitable for husband and wife to jointly manage money or master children's financial expenses.
The free choice of one card and two currencies is popular all over the world, and consumption abroad can repay in RMB.
400 telephone or 5-digit short number prefixed with "9" provides 24-hour service, and the report of loss takes effect immediately, with zero risk of card loss.
Validity period: It is known that the validity period of domestic credit cards is generally three to five years.
Use the third-party platform (the domestic platform supporting credit card bill management is mainly Jujindou) to conduct business cooperation and provide preferential services for cardholders.
How to deal with bad debts of credit cards in different places
Some card friends handle banking business in different places and find that the credit card status shows bad debts. They want to get rid of it, but they don't know how to deal with it. In fact, credit card bad debts can be handled locally or in different places. As for how to deal with it, we must first find out the reasons for the formation of bad debts. Let's have a look.
It is understood that bad debts are a serious state of credit cards, which are basically insulated from bank finance such as loan credit cards. Personal credit information is a lifetime record, so once it is found, it must be disposed of in time.
Bad debts can be mainly divided into two types, general bad debts and overpayment of bad debts. The reason for this is the following：
A. General bad debts: that is, if the credit card overdraft is not paid back, bad debts will be formed after a long time.
B. Overpayment of bad debts: If the credit card is not used for a long time, but there is extra money in the card, bad debts will also occur.
How to deal with it?
Find out the cause of bad debts and then prescribe the right medicine. Bad debts in different places and local bad debts are handled in roughly the same way:
1. Overpayment of bad debts: This way of handling bad debts is that the cardholder has to withdraw the remaining money from the card, and then completely cancel the credit card and all accounts associated with the card, and ask the bank to cancel the bad debt records on the credit report.
2. General bad debts: Call the service hotline behind the credit card, transfer to manual service to confirm the bill amount, and then make repayment. Remember to close the account after paying off the debt (be careful not to exceed a penny). After successful account cancellation, the credit report will not show bad credit cards.
By the way, introduce several repayment methods.
1. Online bank transfer: through the "inter-bank collection and payment" service of the online bank of the opening bank, you can repay the credit card with the debit card of another bank or directly with the savings card.
2.ATM repayment: insert the credit card into the ATM and then deposit the money into the credit card for repayment.
3. Third-party payment platform repayment: For example, both Alipay and WeChat have credit card repayment function, and you can repay according to the prompts.
Can credit card bad debts be paid back? How to repay credit card bad debts
Many friends, when the banking business is rejected, check the credit records and find that there are bad credit cards, and want to know how to deal with them. The main way to deal with bad debts of credit cards is to pay off debts. So, how to repay the bad debts of credit cards? Let's have a look.
It is understood that bad debts are a serious state of credit cards, which are generally formed because overdraft credit cards are not returned for a long time.
It should be reminded that the failure to solve bad debts is basically insulated from bank finance such as loans and credit cards. Personal credit information has this record for a lifetime, so once it is found, it must be handled in time. The most basic way to deal with it is to pay off the arrears.
How to repay?
1, counter repayment
Take your credit card, ID card and cash to the bank counter for repayment. Give the credit card and cash to the counter staff and tell him that you want to return the credit card, and the teller will handle it for you.
2.ATM repayment
You can also find an ATM at the issuing bank's outlet, and deposit the money directly into the credit card through ATM, or find an ATM at the issuing bank of your savings card, and transfer the money to the credit card through ATM.
3. Online bank repayment
Log in to the issuing bank's online bank, enter your credit card account name and password, select the repayment savings card on the repayment page, enter the repayment amount, and you can transfer the repayment.
4. Repayment by the third-party payment platform
Repayment can be made through third-party payment platforms such as Alipay and Tenpay. These platforms all have credit card repayment function. Find the corresponding function, click on the bound credit card and follow the prompts to repay. However, the repayment time of this method is not necessarily.
It should be noted that after paying off the debt (be careful not to pay it back), remember to close the account. After successful account cancellation, bad credit cards will not be displayed in the credit report.
The credit card bad debt of Shenzhen Merchants Bank is RMB 4384, which has been 10 years. How can I repay you? How to deal with bad debts? Thank you.
Because the arrears are paid off in time after the bad debts are generated (be careful not to pay a penny more) and after the account is closed, you can find that after the account is closed successfully, there will be no overdue accounts in your credit report. This is different from the general credit card overdue processing method.
1, outstanding bad debts
For bad debts arising from arrears, it is necessary to pay off the arrears in time, and of course, it is not possible to pay more. You can go to the bank to apply for a non-malicious debt certificate and communicate with the bank whether you can delete the bad debt record.
If it is a bad debt caused by the unclear annual fee, you need to take the initiative to negotiate with the bank, or you can go through the personal credit objection handling procedure. A friend successfully cancelled the bad debts and overdue records caused by the annual fee payment dispute through a few phone calls.
2. Repayment of bad debts.
Compared with general bad debts, it is much better to pay more for bad debts. Just take out the money and close the account, and then you can ask the bank to update the record.
3. Accounting treatment
(1) Irrecoverable receivables
Debit: management fee-bad debt loss
Credit: Accounts receivable (or other receivables)
(2) Unpaid accounts payable
Debit: Accounts payable (or other payables)
Loan: non-operating income
Extended data:
1. Creditor's rights that cannot be recovered after the borrower and guarantor are declared bankrupt, closed, dissolved or revoked according to law, and the legal person qualification is terminated;
2. According to the provisions of the General Principles of Civil Law of People's Republic of China (PRC), after the borrower dies or is declared missing or dead, the financial enterprise can't recover the creditor's rights after paying off his property or inheritance according to law and claiming compensation from the guarantor;
3. The borrower suffered huge losses due to major natural disasters or accidents, and was unable to obtain the creditor's rights that could not be recovered after insurance compensation, or the creditor's rights that were really unable to repay part or all of the debts after insurance compensation, and the financial enterprise had paid off its property and recovered from the guarantor;
4. Although the borrower and guarantor have not been declared bankrupt, closed, dissolved or revoked according to law, they have completely stopped their business activities, their business licenses have been cancelled or revoked by the administrative department for industry and commerce at or above the county level according to law, and the financial enterprise has not recovered the creditor's rights after claiming compensation from the borrower and guarantor;
5. The borrower and guarantor have not been declared bankrupt, closed down, dissolved or revoked according to law, but their business activities have completely stopped or their whereabouts are unknown, they have not gone through industrial and commercial registration, or they have not participated in the annual industrial and commercial inspection for more than two consecutive years, and the financial enterprise has not recovered the creditor's rights after recovering the borrower and guarantor;