1. What should I do with the credit card loan when a person is sentenced
1. If the credit card holder cannot repay the credit card debt due to serving his sentence, he can entrust his family to repay it on his behalf. The debtor can't be exempted from the responsibility of credit card because he is suspected of committing a crime and his personal freedom is restricted. The bank has the right to sue.
2. If you fail to repay the loan within the time limit, you will still be liable for breach of contract. For example, the liability for paying liquidated damages and overdue interest.
2. Will a credit card be sued by the bank for overdue repayment?
Generally speaking, if a credit card is overdue, it may encounter the following consequences:
1. If it is not repaid in time, it will affect the personal credit record. This is the first thing. If it is overdue, it will be bad faith.
2. Once there is a bad record in personal credit information, it will affect all kinds of loan applications, credit card applications and even going abroad. This is not a problem that affects the continued credit card.
3. If the arrears are not repaid for a long time, there will be not only high late fees and interest;
4. The bank may also classify this part of the arrears as malicious overdraft, that is to say, malicious overdraft, and the bank will have the right of judicial prosecution against cardholders who fail to repay for a long time.
5. In practice, after handling the credit card, if it is overdue for more than three months or the bank has made more than two reminders, the bank will freeze the card and list it as a prohibited customer, and then the bank will sue in court.
3. What should I do if the credit card is not paid for the time being?
1. Call the bank customer service in time to negotiate a deferred repayment
(1) Generally, most banks will allow cardholders to call to apply for deferred repayment, and the deferred period is usually one week.
(2) Therefore, as long as the money is returned within the delay period, the late payment fee can be avoided.
2. You can pay the minimum repayment amount first
(1) Every bank will set a minimum repayment amount for credit card holders. As long as the cardholders can repay this minimum amount, the banks will not charge late fees and will not affect their personal credit.
(2) In practice, this minimum repayment amount is 1% of the bill amount.
3. Request to change the last repayment date
(1) If the last repayment date happens to be a time when money is tight, you may wish to negotiate with the issuing bank to change your repayment deadline.
(2) According to the actual situation, you can choose the last repayment date as two or three days after the salary is paid, so that you can not only have enough money to repay, but also avoid unrestrained consumption in the next month.
You can't get rid of the credit card debt just because you are sentenced. Therefore, in this case, many people are unable to continue to repay their credit cards. Therefore, you need to find ways to negotiate with your family as much as possible to see if anyone is willing to help you pay back, and then try to pay off your debts after you get out of prison. If no one is willing to help you pay back, you can only consult with the bank.