1. What should I do if my credit card is suddenly reduced?

1. Borrow from relatives and friends for repayment: If you only encounter cash flow problems, you can temporarily pay off the arrears by borrowing;

2. Apply to the bank for deferred repayment;

3. Apply to the bank for suspension of interest payments;

4. negotiate with the bank to reduce the repayment amount. If the negotiation fails, you can sue the bank and get a judicial credit card debt reduction.

2. Under what circumstances can banks freeze credit cards?

1. Suspected cashing leads to freezing.

cashing in a credit card is illegal, and if the circumstances are serious, it is suspected of illegal business operation.

2. overdue payment for many times.

if the repayment is overdue for many times, the bank will think that the cardholder has no repayment ability and freeze the credit card.

third, what are the legal consequences of credit card failure?

1. If the credit card is overdue, there will be a late payment fee of 5% of the minimum repayment amount, and the bill will be fully penalized. Generally, the bank will calculate it at .5% per day, and the interest will be compounded monthly.

2. Overdue records will be included in the central bank's credit information system, and overdue records will be included in personal credit information reports. Bad records will be kept for 5 years, with a large amount of overdue. If overdue for more than 3 months will seriously affect future mortgage, car loan and credit card applications, and the future credit life will be seriously affected.

3. If the credit card is not returned within the time limit, the bank will call for it. If it is not returned for more than two times, it will be directly handed over to the collection company. If it still insists on not returning the credit card, the bank will freeze the credit card and blacklist the cardholder. The bank will automatically cancel the card until the debt is paid off.

4. If the overdue amount is large and it is not repaid for more than 3 months after being collected by the bank twice, it is suspected of credit card fraud.

4. what are the conditions for handling a credit card?

1. He is over 18 years old and has full capacity for civil conduct.

2. Have legal and stable income and good credit.

3. Be able to provide corresponding identification documents, such as a copy of ID card or military officer's card.

4. Proof of work, income and financial resources can be provided.

5. Proof of residence can be provided, which can be a copy of the household registration book or proof of street opening.

if the cardholder keeps a good repayment record, the credit card will not be suddenly reduced, and the reason for the sudden reduction is usually due to overdue. If it is overdue for a long time, it will not only cause the credit card to be downgraded, but also cause the credit card account to be frozen, sued by the bank, and even be investigated for criminal responsibility.