First, discuss deferred repayment.
As a cardholder of a bank credit card, it is best to repay in full if conditions permit, otherwise it will leave some bad credit card stains for yourself and produce some bad records in the credit investigation. Because there has been a situation in which the arrears cannot be repaid, it is recommended to take the initiative to contact the bank to inform you that you don't want to owe money maliciously. I really couldn't afford to pay back the money at that time, so I discussed with the bank a repayment plan acceptable to both parties and tried to minimize the monthly repayment amount. In this way, negotiate with as many banks as possible.
Second, plan your monthly income.
After reaching a deferred repayment plan with the bank, we have to calculate how much money we earn every month before we can pay off these debts. Then let's see how much your salary can earn every month, and whether it can offset the minimum monthly repayment. If it is not enough to offset the minimum monthly repayment, what channels should you earn more money from, such as doing two more part-time jobs or going out for a run at night?
Third, insist on repayment and cancel the credit card after repayment.
Many people who owe a lot of debts feel that they still have time, so they have been very casual in the use of credit cards and are not worried about their future repayment. It is suggested that the debtor cancel a credit card after paying off one credit card limit at a time, and finally develop the habit of not spending too much to avoid paying off the credit card again in the future. In addition, you can also make a savings plan for yourself. After all the credit cards are paid back, you can save 7%~ 10% of next month's income every month and give yourself a small amount of spare money.