Bank cards have annual fees and small account management fees. If the balance in the bank card is not enough to cover the above two expenses, the bank card will become a liability. As long as the user pays off the balance, the debt status will be lifted. It is recommended that if the bank card is not used for a long time, the best way is to cancel the card.

: If you really don’t have money, go to the bank with your bank card and ID card to check, lest if you ignore it for a long time, the debt will appear inexplicably, resulting in a bad personal credit record.

Processing method:

① If the debt on a single credit card is too high, you can apply for installment. For example: If your credit card debt is too high and you cannot pay it off temporarily. You can then choose to pay in installments via credit card. I just applied for installments of 100,000 and 24, then the 100,000 will be spread evenly over 24 months. You only need to repay the principal + handling fee, and the debt of 100,000 will not be shown in the credit report. It is equivalent to hiding this responsibility.

However, there are handling fees for installments, and many banks cannot repay in advance in installments. After repayment, the handling fee agreed in the original contract will still be charged as an overpayment, so the term selection is still based on actual needs.

② Cancel infrequently used credit cards

People who have credit cards have several infrequently used cards, so the amount and transaction records of your cards will be displayed in your personal liabilities column . Too many cards will also make the bank think that your debt ratio is too high and your credit limit is too long. If you want to apply for a new credit card, it is recommended to go to the bank to cancel the card with a low credit limit.

Every credit card has a settlement date. If you pay off the balance in advance one or two days before the billing date, the resulting bill will be reduced, or 0 bills, and the debt ratio will be reduced. For example, if the 10th of each month is the settlement day, the balance must be paid off before the 10th. If you continue to spend money after the 10th, you can get a very low credit card debt ratio on your credit report for this period of each month. Generally speaking, if the excess debt is greater than 80%, it can be said that the card will not be approved or the amount will be increased. The normal debt is best between 40% - 50%, and the maximum is no more than 70%!