Generally speaking, if the credit card amount exceeds 10% of the credit limit granted by the card issuer, it can be considered that the card has been maxed out. For example, if your credit card loan amount is 50,000, and you brush off 55,000 in a repayment period, or brush off this amount at one time, then you are "maxed out".

If you are used to swiping a credit card, the bank will screen and judge you. It would be nice if it could be returned on time. Once overdue, it may trigger the bank's risk control and reduce the cardholder's credit limit, which may lead to card closure in serious cases.

What is the solution after the credit card is maxed out?

1, consulting bank

Don't refuse to answer the bank phone even if you have no money. Because, according to the law of our country, if you don't pay back the bank twice in March, it can be characterized as malicious overdraft. At this time, it is the best policy to discuss the solution with the bank.

2. Repay the minimum repayment amount

You can choose the minimum repayment amount. Although there will be interest, it is more cost-effective than the credit being affected.

3. Apply for bill installment payment

The bill can be paid in 24 installments at the longest, which is two years. There will be a handling fee. But it will not affect personal credit information, and it is also a way of emergency. It should be noted that it is not recommended to repay the loan in advance after the installment, because the handling fee is collected.

Step 4 modify the bill

This method does not apply to all banks. Modifying the bill before the bill is equivalent to extending the interest-free period in disguise. The advantage of this method is that it will not produce unnecessary expenses, but its application scope is limited. It is recommended to consult the bank in advance.

Step 5 borrow money

If you can't even pay the minimum repayment amount and installment amount, you can only borrow a part to solve the most basic repayment. Show your attitude to your relatives and friends, make repayment plans, and gain the trust of your friends.

6. Stop paying the bill.

According to Article 70 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks, you can reach a personalized repayment agreement with the bank for up to 5 years! It's already the 60th issue! However, don't do this if you are able to repay your credit card bill.