1. Where can I negotiate if my credit card is overdue?

If the credit card is overdue, it will be negotiated at the bank, which is the issuing bank of the credit card. If it is overdue, it will have the following consequences.

1, liquidated damages

The unpaid part of the minimum repayment amount is charged 5% as the corresponding liquidated damages. If the cardholder fails to pay off the minimum repayment amount of the previous bill before the due repayment date (inclusive), the bank will charge 5% of the unpaid part as the corresponding liquidated damages according to the bank credit card regulations, and the minimum charge is RMB 65,438+00 or USD 65,438+0 yuan.

Step 2: Interest

Interest, the so-called penalty interest, is divided into full penalty interest and unpaid penalty interest. Simply put, it means not to repay within the time limit of the final repayment date.

3. Article 585 of the Civil Code

The parties may agree that when one party breaches the contract, it shall pay a certain amount of liquidated damages to the other party according to the situation of breach of contract, and may also agree on the calculation method of the amount of compensation for breach of contract.

If the agreed liquidated damages are lower than the losses caused, the people's court or arbitration institution may increase the liquidated damages at the request of the parties; If the agreed liquidated damages are excessively higher than the losses caused, the people's court or arbitration institution may appropriately reduce them at the request of the parties.

If the parties concerned pay liquidated damages for delayed performance, the breaching party shall also perform the debt after paying the liquidated damages.

2. What are the consequences of overdue credit cards?

1. In case of overdue payment, there is not only a late payment fee of 5% of the minimum unpaid part, but also a penalty interest for the full amount of the bill (five ten thousandths of the daily interest, starting from the day of consumption. Compound interest on a monthly basis until the principal and interest are paid off) will also produce bad credit records in the People's Bank Credit Information Center. It will be difficult to apply for credit cards and bank loans in five years.

2. If the payment is overdue for more than three months or the bank reminds you twice, the bank will freeze the card and list it as a prohibited customer (blacklist). At the same time, it will also prosecute credit card fraud and malicious overdraft, which will be enforced by the court.

3. After the overdue repayment of the credit card is stopped, you should first pay off the arrears as soon as possible (paying off the card in one lump sum will increase the probability of lifting the ban), call the bank credit card center to apply for opening after paying off, and then wait for the credit card center to approve.

After the credit card is overdue, if the credit card customer can't return the overdraft principal in time, then it is necessary to actively negotiate with the bank. For example, negotiate the minimum repayment amount with the other party, or negotiate installment repayment. However, no matter which repayment method is adopted, there will be certain liquidated damages and interest, which should be solved as soon as possible.