Don’t listen to other people’s fund consolidation. It’s funny. I owe 350,000 yuan and only have 10,000 yuan. It’s useless to do anything. Now you need to sort out all your debts and see what money you owe, whether it is online loans, credit cards, borrowed money, or personal borrowed money. I will teach you how to pay off this money now.
1. Online loan
When you owe so much debt, the online loan must be overdue. The online loan company must have contacted all your relatives and friends. Don't be afraid. Next time he calls, you tell him directly that you can't afford it and don't plan to pay it back. He will say that there will be legal procedures, so you can let him go. We are not afraid, and neither is he.
2. Credit card
You still have to pay back the credit card money, because it belongs to the bank. If you don’t pay it back, it will affect your credit report, which will have a great impact on your future. You can call the bank's credit card center, explain your difficulties, and negotiate to only repay the principal without paying overdue interest, which should be effective.
3. Borrow
This can imitate a credit card. I haven’t tried it, but you can try it.
4. Personal money
This has to be paid back, but you can negotiate with them to pay it back later.
You have 10,000 yuan in hand. If you have fixed assets, you can sell them, or ask your parents for help. Pay off the debt quickly. It feels so uncomfortable to owe money. Find a stable job quickly and be down-to-earth. Work hard, strive to pay off the debt as soon as possible and return to normal life.
Please forgive me if there is anything inappropriate.
Let me tell you as someone who has experienced this, the most important thing for you now is not to think about taking 10,000 in return of 350,000, but to change your mind and stop using your credit card to support your credit card. Using your credit card to maintain your credit card will only make your debt grow exponentially. You may owe $350,000 now, and you may owe millions next year. This is not alarmist.
1. The cost of maintaining a card is very high. Don't think that the fee for cashing out a sum is only 0.58%. You think that the fee for cashing out a sum of 10,000 is only 58 yuan, which is not high. In fact, if you cash out and then put it back in and then take it out again, the accumulation of money will add up to a small sum. This is the final straw.
2. You would rather overdue your card than use it to maintain your card. I used to use my credit card to maintain my credit card, but later I owed more than 600,000 yuan and could no longer pay it back, so I had no choice but to be forced to go ashore. It is really miserable to face debt collection every day now. But this is something you did wrong, and you have to bear the responsibility. I'm still very glad that I don't use the card to support the card anymore.
3. Reflect on yourself. Reflect on our past and see how our debts were formed. Why do we live our lives in a way that we hate?
4. Work hard to make money. Debt is not terrible. What is terrible is that you have no income and no hope of eliminating debt. So now all the focus is turned to making money. As long as it doesn't break the law, do whatever you can to make money.
I am honored to answer your questions and integrate funds
This is what you need to do now, to apply for a large-amount credit card, or apply for several relatively large-amount credit cards. Let’s repay small-debt cards and conduct a fund consolidation to reduce the number of repayments
After sorting out 26 credit cards, you can make an overall installment, so that you can save worry, time and effort when repaying them.
If you don’t understand the comments, ask me, Reform will help you
Don’t you owe 350,000 yuan on a single card? It should be that the total debt from multiple cards is 350,000, right? If you only have 10,000 yuan on hand and your monthly income is just enough to live on, it is recommended that you hold on to your cash and stop repaying the loan immediately!
After looking at other people’s answers, some suggested that you continue to repay the card and maintain the status quo, while others advised you to stop repaying the loan and negotiate with the bank after it is overdue.
I prefer the latter.
Because I have been struggling for two years by borrowing money to support my credit card. I lost all my family and repayment without reducing my debt by one point, and finally collapsed. What I regret most is that I didn’t leave any cash or a way to survive for myself! Even if they all went in, they would end up being overdue.
Some people suggest that if you pay a bill of 10,000 yuan, the POS machine will deduct 60 yuan. For a bill of 350,000 yuan, the monthly handling fee will be 2,100 yuan. If you don’t eat or drink, you’ll use up all 10,000 yuan in five months! If you can continue like this, with a monthly subsidy of 2,100 yuan, the debt of 350,000 yuan will still be 350,000 yuan! This is still the most economical, and the installment interest is higher!
If you can still make a steady payment of 2,100 per month in addition to surviving, then just make do with it first. This is if your credit card limit will not be reduced unexpectedly. Never add new debts, don't use loans to support loans like me, and don't borrow money from relatives and friends to repay. Doing so will only make the hole bigger! I can't pay off my credit card, and I've offended my friends and family!
If life is unsustainable, the end result will be overdue. The consequence of being overdue is that your overdue record will be reflected on the credit report, which is also a "black account". There is no other impact except not being able to get another loan. I’m overdue for a year and a half, and there’s no problem with the high-speed train or plane! Those restrictions on high consumption and so on are all against the "dishonest persons" judged by the court, which are also commonly known as "Lao Lai".
As for the means of collection: intimidation and threats, exposure of address books, door-to-door visits, sending lawyers’ letters, etc., they are all designed to get you to repay. Illegal debt collection will be punished on March 1st!
There is no need to put too much psychological pressure on yourself after the deadline! You have to work hard to fill the hole you dug with your ID card! The credit cards issued by banks are unsecured credit consumer loans. In the future, you will know how big a diamond can be for a large porcelain job, and plan your funds reasonably. The key issue is to preserve your strength. On the one hand, you should actively increase revenue and reduce expenditures and find ways to make more money. On the other hand, negotiate with the bank for exemptions and reductions. Interest repayment. Don’t be afraid of the bank suing you. There is a high probability that you will be sued for less than 50,000 yuan per card. You can go to my article to find relevant details. As long as you actively negotiate and don’t hide or run away, everything can be solved!
I can’t pay it off through personal experience. I can only call to negotiate the installment, extend it as much as possible, borrow some from my parents, relatives and friends, pay back most of it, and then work hard to save money and pay it back. Using loans to support loans and using credit cards to support credit cards are all foolish practices and will only get you into deeper trouble
[Sweat] Let me give you a sweaty face first
Let’s talk about this later , you owe 350,000 yuan on 26 cards, but the repayment amount is only 10,000 yuan. This only shows that you have been using the card for a long time, and you have had no income or cannot make ends meet. .
What you should be thinking about now is not how to use the 10,000 to repay, nor how to repay quickly, nor how to negotiate a repayment plan with the bank, but how to stabilize your emotions and calm your mind. If you have If you look at this matter correctly, you will not ask how to use 10,000 to repay the loan, but how to reasonably plan the repayment path for the next long period of time, or how to output value through your own XX skills. And realize it, how can you complete your future career and accumulate a certain amount of money during the repayment period?
One more thing, the amount suspected of credit card fraud is that the principal part exceeds 50,000. You need to know this.
Spend more than 3,000 yuan and find a card keeper to take care of the card. The only way is to increase your income and insist on paying back the card!
In fact, there are many cardholders now who are living a life of flipping cards. There is nothing you can do about it. After all, if you have credit card debt, you can only replenish the card, unless your income increases and you can pay off the bill in one go, so you don't have to replenish the card.
Although it is tiring to reverse the card, it is very suitable.
An old man downstairs said: I would rather be overdue than cancel my card.
This is a very wrong view. Once your credit card expires, you will lose a lot. First of all, your credit report will be blacked out, because you will definitely not be able to pay it in the short term, and you will also face collections from the bank. Although your address book will not be exploded if your credit card is overdue, the two emergency contacts you filled in will still be contacted.
Three months later, there will be visits to collect debts, delivery of demand letters, and letters from lawyers. Can you withstand such great pressure at this time?
So Shun Shi’s advice: Don’t exceed the deadline unless you have to!
There is an old man downstairs who said: Credit card reversal fees are very high!
This is also an extremely wrong view, because the handling fee for credit card reversal is really low. Take the handling fee of 10,000 and 60 for swiping a card as an example. For example, if your bill amount is 10,000, then the handling fee you need to pay is 60, and the cost is 60. No matter how many times you go in or how many times you come out, the amount you get out will definitely be 10,000, so the handling fee That’s 60. Then the next month and so on, after the bill is cleared, you don’t have to pay back anymore, and the funds you paid back before can be used again.
Therefore, the repayment method of a credit card is: interest first, then principal 6%, and there is no time limit. No loan on the market can compare. Because as long as the credit card is not reduced or blocked, you can always use it. Until you retire!
So credit card is the lowest cost among all financing tools!
For more credit card knowledge, please pay attention to: Anhui Shunshi!
The problem is not big, just a little bit different. If you can reserve 5% of the card limit, the repayment platform can basically help you solve it. There is no need to pour it over and over again, and there is the risk of blocking the card. The main reason is that the card transfer fee is expensive, which will only make you sink deeper and deeper.
A friend had eight credit cards with more than RMB 300,000, and he kept paying back the amount. He still had the same amount in two years. Later, he used the platform to repay the money, saving a lot of handling fees, and successfully landed in more than two years. But he also does platform promotion himself, and now he can basically maintain an income of 500 to 1,000 yuan a day. He had asked someone else to maintain his card before, but there were a lot of handling fees every month, so he didn't feel at ease. I followed suit myself, and the initial gains were not big, but they gradually accumulated later.
However, there are many card raising platforms now. It mainly depends on which one has greater discounts and higher security performance. You must not fall into another pit before you get out of this pit. The gain outweighs the loss.
Therefore, it is still a little difficult to liquidate so many liabilities with only 10,000 yuan.
The main thing is to find ways to make more money on your own, clear one card after another, and earn a little money back and forth to pay the bank's handling fees. If one day the bank controls the risk and blocks the two cards, you will have to wait until they are overdue.
Credit is very important, so let’s work hard to make money!
There is no better way. A better way is to make money quickly