First, the temporary credit card limit expires without consequences.
The obvious difference between the temporary credit card limit and the fixed credit card limit is that you can't apply for installment after the expiration, and you can't repay according to the minimum repayment amount. You must pay it back in full. If you don't repay in full, then I'm sorry, your credit card will be overdue, which will not only affect the credit investigation, but also cause overdue penalty interest, liquidated damages and other expenses.
Therefore, the temporary credit card limit must be paid off in one lump sum, otherwise the consequences will be very serious.
2. What should I do if the temporary credit card limit expires?
The only solution is repayment. If you don't want to be overdue, just bite the bullet and return it. Anyway, if you want to find a way to raise repayment funds, here are the specific methods:
1. Borrow money from relatives and friends. When borrowing money, you can write an IOU, stipulate the repayment period, and give them some interest, so that they can lend you money with confidence;
2. If you can't borrow money, you can also withdraw it with a credit card and repay it, but the cost is relatively high. You have to pay the withdrawal fee and calculate the interest on a daily basis.
3. Another feasible method is to apply for credit card cash installment, and use this money to repay the temporary amount owed first, and then repay it in installments;
If you lose the ability to work, you can negotiate with the bank to repay the loan, see if you can stop the account, and then pay off the debt in five years. In the meantime, you should repay the loan as agreed.
Summary: If the temporary credit card limit expires, the consequences will be very serious. If you don't want to affect your personal credit information, I suggest that you can raise funds according to the above methods, pay off all the temporary credit card bills and go ashore as soon as possible.