1. What should I do if I owe 100,000 on my credit card? What should I do if I have no money?

1. Minimum repayment amount: Nowadays, banks generally have a minimum repayment amount. As long as the minimum repayment amount is paid before the final repayment date, there will be no impact on the individual, but an interest of 0.05% will be charged every day;

2. Installment repayment: You can Apply for installment repayment before the final repayment date, and make installments according to your repayment ability. The installment handling fee will increase with the number of installments;

3. Change the bill date: Extend the repayment by changing the bill date. The payment date, but the statement date cannot be changed at any time, and each bank has different limits on the number of statement date changes. Some banks have 2 times a year, some once a year;

4. Negotiate with the bank: explain to the bank Negotiate the situation and prove that you did not intentionally fail to repay the loan after the due date, and that there are reasonable reasons for the temporary inability to repay the loan.

2. What are the consequences of overdue credit cards?

1. Penalties for overdue credit cards. The so-called credit card overdue penalty refers to the fee that the cardholder should pay to the card-issuing bank according to regulations when the cardholder fails to repay before the due repayment date (inclusive) or the repayment amount is less than the minimum repayment amount.

2. Overdue interest. After a user uses a credit card to overdraft, there is generally an interest-free repayment period ranging from more than 20 days to more than 50 days. If the cardholder repays overdue, all the expenses of the cardholder last month will no longer enjoy the bank's interest-free payment. treatment, and the recurring daily interest rate is as high as 0.5%, that is, the annual interest rate reaches 18%.

3. Bad credit record. Overdue credit card repayment records will enter the central bank's credit reporting system to generate bad credit records. Our country's personal credit reporting records have been networked nationwide. As long as individual residents have handled loan business at banks, applied for credit cards, or provided guarantees for others, they will be credited. Then you can check your credit report at any domestic commercial bank.

4. Litigation costs. If the credit card is not repaid for more than three months, the bank will ask a lawyer to issue a lawyer's letter to the user and file a lawsuit in court. The litigation costs will be borne by the cardholder.

5. Criminal liability for malicious overdraft. According to regulations, malicious overdraft refers to the cardholder's behavior of overdrafting beyond the prescribed limit or within the prescribed period for the purpose of illegal possession, and still not returning the money after being called by the card issuer. Those who maliciously engage in credit card fraud through overdraft will be held criminally responsible for credit card fraud and be sentenced to fixed-term imprisonment of not more than 5 years or criminal detention, and a fine of not less than 20,000 yuan but not more than 200,000 yuan.

After using a credit card, if it is overdue, overdue penalties and overdue interest will be incurred. Secondly, it will also leave a bad record in the credit reporting system. This impact is very large, so when using a credit card When you are unable to repay, you can contact the bank in time to apply for an extension of repayment. Or borrow money from others and repay it.