1. What are the methods for handling overdue credit cards?
1. Cardholders should pay off the debt in time and contact the bank customer service to explain Please keep your credit card account in normal condition;
2. Cardholders should not cancel the bank card because it is overdue, because this will lose the opportunity to repair their credit. After the expiration, the cardholder should continue to use the overdue card normally. For credit cards, make more purchases, repay on time, and replace overdue records with new repayment records;
3. Do not lose contact with the cardholder after the expiration date. Loss of contact will make the bank think that the cardholder If a person maliciously overdrafts or owes money, the bank may sue the cardholder for this.
2. Will a credit investigation be conducted if the credit card is overdue?
A credit investigation will be conducted if the credit card is overdue.
As long as there is an overdue credit card, even for an hour, the bank will upload the overdue record to the credit reporting center, causing overdue users to have bad personal credit records. However, as long as the arrears are not overdue for a long time and the amount is relatively small, in most cases it will not affect future loan business. If it is overdue for too long, it will be regarded as a malicious overdraft, and it will be very difficult to handle bank credit business in the future.
3. What to do if you can’t afford to pay back the 200,000 credit card debt?
1. Identify whether it is a formal platform.
First look at the annual interest rate that exceeds four times the bank’s similar loan interest rate. If it exceeds four times the bank’s similar loan interest rate, it is considered usury and is not within the scope of legal protection. Therefore, the borrower can refuse to repay the interest arising from this situation, and can go through legal procedures to finally determine the repayment amount and interest.
2. Borrow money from friends and repay it.
When making sure that the platform is formal, the interest rate adopted is also reasonable. Then, if the user cannot afford to repay the money, he or she can first borrow money from friends and repay it. To avoid accruing more interest over a long period of time.
3. Discuss with the online loan platform.
If the online loan platform is formal, the borrower’s attitude is also sincere. This can be discussed with the online lending platform. The platform may exempt the borrower from part of the interest or extend the loan period.
4. Stop the bad habit of financing loans with loans.
Many borrowers encounter situations where they cannot repay their loans after borrowing money. Therefore, the method of supporting loans with loans will be adopted. Obviously, this approach will make the "hole" bigger and bigger. Therefore, once an online loan cannot be repaid, be sure not to use the loan to support the loan.
5. Work hard to make money and repay the loan.
There is no shortcut to repaying the debt. Borrowers must work hard to make money to repay, otherwise a series of adverse consequences will occur.
After using a credit card for consumption, repayment is required within a limited time. Cardholders with good financial conditions can repay in full before the repayment date. If the economy is temporarily tight, repayment is required in one go. There are certain difficulties in making payments, and cardholders can choose to repay in installments. No matter which method is chosen, it is to avoid the occurrence of overdue credit cards, which will have an adverse impact on personal life.