The relevant state departments are now cracking down on all kinds of non-compliant collections, so many collections have been greatly reduced recently. After using many methods to collect, the effect is not obvious. The other party may think that the cardholder really has no repayment ability and is numb in the face of collection. In addition, the time and cost of collection are also very large. Since the effect is not great, it may turn to others! If the amount you owe is very small, only 3000 to 5000, the creditor may be regarded as a bad debt, that is, the debtor will be blacklisted permanently. It will be more difficult to deal with banks in the future and will be regarded as black households. If you want to pay back the money in the future, it will be difficult to handle. If the collection is very frequent, there will be no legal proceedings for the time being. If the collection stops suddenly, the bank is likely to choose to sue. So suddenly stopping the harvest is not necessarily a good thing. In the face of debt, the most important thing is to adjust the mentality. If your credit card is overdue, you must do a good job of debt restructuring, and then negotiate personalized installment.

Although the credit card is overdue, the collection will require repayment, so don't repay it easily. You only repay part of the interest and liquidated damages, but at the same time, you can't ignore the risk of being sued.

Before being sued by the bank, it was the golden age for cardholders to negotiate with the bank. Once you are sued, this opportunity is gone, so even if the collection suddenly stops contact, you should actively respond.

So, the questions that should be understood after the credit card expires:

As the card has expired and cannot be used for the time being, you must be ready to collect it at any time, and you may find relatives and friends.

Don't choose to escape, and don't think it is useful to change all contact information.

In addition, the bank has now introduced a new policy, which can negotiate installment payment and formulate a personalized installment plan belonging to the debtor, with a maximum of 60 installments. Greatly reduced the debtor's repayment pressure, and a benign landing is just around the corner.

If you find that your credit card is overdue and you can't handle the debt in a short time, the most effective way is to keep the phone open, don't lose contact, and express your willingness to repay to the bank. It is best to reach an agreed installment plan.

If the individual cannot negotiate, please entrust a professional organization to negotiate. After all, professionals do professional things. This method can completely avoid prosecution and seizure. Relevant policies stipulate that the arrears can be repaid without interest within 1-5 years. ?