If the credit card is overdue for more than three months, the bank may sue you. Try to pay back the credit card money first. You can negotiate the repayment plan with the bank and give a detailed repayment plan to show your willingness to repay. Don't exceed three months overdue, it will be very troublesome.
There are two kinds of online loans: one is online loans with credit information, and the other is online loans without credit information. Online loans with credit information are paid first, and those without credit information are waiting to sue for repayment.
The following are the consequences of overdue:
1, interest: As we all know, the interest of banks is very high. Just try it and you will know how high it is. You have to pay two fees before credit card repayment, one is late payment fee and the other is penalty interest. The late payment fee is usually 5% of the unpaid part of the minimum repayment amount, and the interest is five ten thousandths per day, and the interest is rolling.
2. Blacklist: If you are overdue for many times or maliciously refuse to repay, you will be blacklisted, and there is no hope of buying a car or buying a house loan in the future. Once blacklisted, it will affect your credit history, so your future cars, hotels and other aspects will have an impact.
3. Legal liability: once the bank sues, you will be investigated by law, so if you overdraw and don't repay, even if you "run away" or "disappear", it won't help. If the credit card is maliciously overdrawn for more than 90 days, the bank can sue. Many bank credit card centers hand over the credit card repayment collection work to "debt collection companies", and they will go directly to the cardholder's residence or even their hometown to collect debts!
Therefore, it is still necessary to advise you to live within your means and repay in time after overdraft to avoid overdue. And if you really can't pay at the moment, don't take extreme measures. In addition to the minimum repayment amount and installment, you can choose to change the accounting date. Whether it is a credit card or an online loan, the first thing we have to do is to adjust our mentality, make full use of our own specialties to make more money, and pay back the arrears as soon as possible!