1. What to do if the credit card debtor is unable to repay the debt

1. Apply for negotiated installment. For users whose credit cards are overdue, the China Banking and Insurance Regulatory Commission will give them the right to apply for personalized installments. Therefore, users can apply to the corresponding bank to repay the current overdue balance in installments. When the repayment pressure is reduced, subsequent repayments will be easier. It should be noted that if a personalized installment plan is reached, no overdue payment will occur again.

2. Repay part of the amount every month. If the bank does not agree to the user's application for installment repayment and is still unsuccessful despite the intervention of the China Banking and Insurance Regulatory Commission, he can repay a small amount every month to show that he is not maliciously overdue, but is just under repayment pressure. This can also be avoided. The bank prosecuted the user for capital fraud, and they needed to increase their financial resources to pay off the money as soon as possible.

3. Find help from relatives and friends. Overdue credit cards will not only affect your credit score and increase repayment costs, but you will also be subject to collections and even prosecution, with serious consequences. You can confess to your family, relatives and friends as early as possible and pay off the debt first, and then repay the borrowed funds to relatives and friends later to avoid the increase in debt caused by long overdue time.

2. Who will repay the money if the person with an overdue credit card dies?

If the person with an overdue credit card dies, the remaining debt will be repaid by the heirs. In addition, during the use of credit cards, if the cardholder does not consume alone, but uses it for family expenses, the spouse usually needs to repay the credit card. Of course, if the cardholder neither has an inheritance nor uses the funds for family expenses, then the outstanding credit card funds do not need to be repaid.

Regardless of whether it is a credit card debt or a loan debt, after the death of a person, his or her estate will be the first option for debt repayment, and the heirs are responsible for repaying the debt for the debtor. However, if the inherited inheritance is less than the amount of the debt, the excess does not need to be repaid, and the bank will deal with bad debts. For example, if the cardholder owes 10,000 yuan, but the spouse only inherits 5,000 yuan after death, the excess debt of 5,000 yuan does not need to be repaid.

In the normal process of using credit cards, users need to deal with it in time once it is overdue, otherwise they will continue to be collected by banks and third parties, and may even be sued in court, so don't take chances. If you want to solve the problem as soon as possible, you can apply to the bank for negotiated repayment.

If the credit card is overdue for five years, it can be negotiated. Because it is stipulated in the credit card management regulations that repayment can be negotiated for users who are willing to repay. However, it should be noted that users can apply for negotiation, but the bank may not necessarily approve it, and it still needs to be reviewed. For such serious behavior as overdue for five years, the possibility of failure to apply directly is still very high.