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I have a credit card overdraft of 15,000 and am unable to repay it after the due date. If I pay back a little every month, will I be sued?

I have an overdraft of 15,000 yuan on my credit card and am unable to repay it. I can only repay a little every month, and I will face the risk of being sued.

Details:

1. Overdue credit card repayment is a breach of contract, and the bank has the right to take legal measures to recover the debt.

2. Banks usually first collect overdue amounts through phone calls, text messages or letters, and require timely return.

3. If the debt is not repaid for a long time, the bank may transfer the overdue account to a professional collection agency for debt collection.

4. Collection agencies will collect debts through various channels, including door-to-door visits, sending lawyer letters, etc.

5. If the overdue amount remains unpaid, the bank has the right to file a lawsuit in court to enforce repayment.

6. The court will decide whether the debt needs to be returned in accordance with relevant legal provisions, and may have a negative impact on the credit record of overdue persons.

Summary:

After overdrafting a credit card of 15,000 yuan and unable to repay it, and can only repay a little every month, the user faces the risk of being sued. Banks will use various means to recover arrears through collection agencies, and they may eventually take overdue borrowers to court. Therefore, it is important to promptly consult relevant professional organizations to resolve overdue issues.

Extended information:

In order to better understand the impact of credit card overdrafts and personal credit records on life, users can consider querying credit big data on Yingxin Kuaicha. In this way, you can obtain your own credit report and understand your credit status and the possible consequences of late repayment. Through analytical reports, users can better manage their finances and avoid bad behaviors such as overdue credit cards.