If you owe a credit card, you can apply to a financial institution for deferred repayment and actively pay back the money. When the debtor fails to perform the due debt, the creditor may retain the movable property that the debtor has legally possessed, and enjoy the priority of compensation for the movable property. Article 412 of the Civil Code: If the debtor fails to perform the due debt or realize the mortgage according to the agreement of the parties, resulting in the collateral being sealed up according to law, the mortgagee has the right to collect the natural fruits or legal fruits of the collateral from the date of sealing up, except that the mortgagee has not notified the debtor who should pay off the legal fruits.
Large credit card repayment skills, good credit protection strategy
Whether the credit card repays on time determines whether the cardholder can enjoy interest-free treatment, which has a lot to do with personal credit information. Today, I will introduce you to the skills of large credit card repayment. Credit card repayment has a coup, specializing in large bills.
1. Remember the billing date and repayment date.
The billing date and repayment date of a credit card are the two most important time points. If you choose to spend after the bill, the repayment time is different. If your current bill amount is relatively large and there is a certain pressure on repayment, you may wish to move your consumption to the future of the bill.
2. Repayment method
Large credit card repayment may be difficult for most card friends. At this time, it is necessary to choose the appropriate repayment method:
1) The bill is in installments, and there is a certain handling fee. Cardholders can flexibly choose the number of stages according to their own financial situation;
2) Minimum repayment amount: the bank will give you a minimum repayment amount according to your daily card use, which is generally 5% of the bill amount or 10%. If the minimum repayment amount is selected, the cardholder will no longer enjoy the interest-free period and need to bear the interest of five ten thousandths per day from the date of consumption.
3. Repayment method
Generally, for the convenience of repayment, the cardholder will bind the savings card and open the automatic repayment function. For large credit card repayment, it is necessary to ensure that there is enough money in the savings card for the system to deduct repayment. If the amount is not enough, the repayment fails.
What happens if a large credit card doesn't pay back?
Some card friends don't want to repay after overdrawing with large credit cards, thinking that there is no benefit if they don't repay. In fact, this idea is all wet. If you don't repay the credit card within the specified time, the consequences will be very serious. Therefore, no matter whether the credit card you hold is high or not, you must repay it.
1. What will happen if the credit card fails to repay?
1. Bad credit: if a large amount of credit card is overdrawn, it will be overdue, and once it is overdue, it will produce bad credit. According to the regulations, personal bad credit records will be kept for five years. During this period, all credit cards and loan approvals will be affected by bad records.
2. Overdue interest: If the credit card is not returned on the final repayment date, the bank will not only charge a certain penalty, but also calculate the interest according to the expected annualized interest rate of five ten thousandths.
3. Investigate criminal responsibility: maliciously overdrawing a credit card and not returning it after being collected by the bank will constitute a credit card crime and will be punished by the bank. According to the criminal law, credit cards are not only sentenced, but also fined.
Second, what should I do if the large credit card is still not available?
1. Minimum repayment amount: All credit cards have minimum repayment amount. If it is really impossible to repay in full, then repay according to the minimum repayment amount, so that there will be no overdue. However, the bank will charge five ten thousandths of interest on this repayment method every day until all the arrears are paid off.
2. Bill installment: You can choose to call customer service after a few days of repayment and apply for bill installment or single large installment. Of course, there will be a handling fee, but there is no interest. It can be divided into three periods, six periods and 12 periods according to its own ability.
3. Borrow money for repayment: If you don't have any source and don't want to owe money to the bank, you can only borrow some from friends and relatives. If few friends can borrow it, ask the boss for a salary first, because it's a shame to borrow money to pay back the credit card.
What if the large credit card is not returned?
It was exciting to apply for a large credit card, but some card friends didn't control their hands well in the process of using it, but they couldn't repay after spending a lot, which led to tragedy. What should I do in this situation? Is there any way to avoid overdue repayment? Let's take a look together.
If you accidentally overdraw your credit card within one month and don't want to borrow money to repay it, and you don't want to have bad credit due to overdue, you can repay it in two ways: one is the minimum repayment amount, and the other is the installment repayment.
First of all, let's see what's the difference between these two repayment methods:
1. Minimum repayment amount:
Refers to the bank's bottom line standard when the credit card bill cannot be fully repaid, which is usually 10% of the consumption amount. Many card friends may feel that the minimum repayment method has no pressure, but the minimum repayment method is not free for you to use.
Advantages: It can alleviate the current economic pressure of cardholders without affecting personal credit records.
Disadvantages: you can't enjoy the interest-free period, and charge 0.5 ‰ of the total amount payable every day, and circulate every day until you pay off all the amount payable.
for instance
Card friend Xiaowu's CMB credit card number 23 is the billing date, and the final repayment date is 10. The total amount payable on this bill is 3000 yuan, so the minimum repayment amount is 300 yuan.
Assuming Xiaowu repays 300 yuan on 10, it will not affect personal credit information. However, from the date of 1 1, the interest will be calculated every day, and it will be 30000.0005= 1.5 yuan, and it will be circulated every day until all the payable amount is paid off.
2. Repayment by installment:
It mainly refers to bill installment, and bill installment is also limited. Some banks can do the current bill 100% installment, while others can only do 95% of the current bill.
Advantages: Cardholders can avoid overdue and relieve temporary economic pressure.
Disadvantages: there is a handling fee.
So, which repayment method is more suitable for you?
It mainly depends on when you are able to repay.
If you can't pay off your debts in the next two months or longer, installment payment is a more suitable repayment method for you.
If you can pay off your debts within one month, then the minimum repayment method is more suitable for you.
Suggestion:
No matter which repayment method is chosen, it is not the best method for cardholders. The best way is to control consumption. You can set a monthly spending limit for credit cards. If the limit is exceeded, the credit card will no longer be used.
How can I repay my credit card? Can I pay it back at another bank?
Yes, credit cards can be repaid across banks.
If you want to withdraw the money from one credit card through the bank counter, and then return the money from the other credit card, it is totally possible, but this process will generate interest on withdrawing money from the credit card and the handling fee for handling related business in the bank. Others use Alipay or WeChat to transfer money and return the credit card to avoid paying the handling fee. This method is incorrect, not allowed by banks, and even illegal.
There are many ways to repay by credit card. It is not the best way to return one credit card to another. Generally speaking, credit cards have the following repayment methods:
1. Counter repayment: take the credit card to the counter of the bank to which the credit card belongs.
2.ATM self-service repayment: mainly refers to depositing money into a credit card at ATM for repayment.
3. Repayment associated with other bank cards: refers to repayment of interbank debit cards bound to credit cards. After the binding is successful, the bank will automatically deduct the repayment from the bound debit card on the repayment date of each month, as long as it can ensure that the money in the debit card is enough to pay off the loan in the last billing cycle every month.
4. Use self-service machines such as Lacarra to repay the loan. You can use any bank's debit card to swipe your card at these self-service machines to repay your credit card.
5. Online repayment refers to credit card repayment through Alipay, WeChat wallet, official mobile banking APP and official WeChat account of the bank to which the credit card belongs.
If these repayment methods do not involve cash withdrawal by credit card, there is no handling fee. In addition, if your balance is sufficient, it is not recommended that you use one credit card to return another credit card, because it will generate certain interest and you can use other methods directly. If you are short of funds, you can actually make a credit card overdue, and the interest rate is only 0.5%. Then you can use another credit card and pay it off as soon as you have funds.
In fact, it is very important to use credit cards to spend wisely. You should know your economic level clearly and spend reasonably. Don't blindly use credit cards to spend a lot. If you owe money before the repayment date, it will lead to higher interest. Can't let the credit card play the biggest role.
What about the credit card repayment limit? This method is unknown to many people.
Many friends like to use the mobile banking of various banks to transfer money for repayment, which can be free of handling fees, but there will be a limit. Usually, the maximum amount of a single payment is 50,000 yuan. If it exceeds a large repayment, the number of repayments should be considered when splitting it into small amounts. This is more troublesome, but there is a solution.
For example, if there is ICBC mobile banking, you can try to open a one-click large payment. Before opening, we should make two preparations. One is that ICBC mobile banking must be registered at the counter and have the right to transfer money to other countries. The other is to open ICBC e-payment and set a 6-digit payment password.
1, do the first step of preparation.
Click ICBC Mobile Banking-Security Center-More-Transaction Permission, and open the "External Transfer Function" to display green.
Then at the counter, whether check card is registered. Path: Open Mobile Banking-My Account-Display "Counter Registration". If it is not displayed, you need to add it yourself. You can bring your valid ID card to ICBC outlets to upgrade your bank card to a counter registration card.
2. Then do the second preparatory work.
Click "ICBC e-payment" in ICBC mobile banking, and set a 6-digit payment password in security management. It is best not to use the date of birth and simple numbers. If the payment password display of security management has been opened, there is no need to operate it again.
After the preparatory work is done, we will open a one-click large transfer.
Click ICBC e-payment on mobile banking to enter the payment limit interface. If "Withdrawable Amount" is displayed in red for each item under "Transfer/Online Consumption/Payment", you can see the maximum transfer limit supported. Click OK to complete face recognition, payment password authentication or SMS authentication, and then click OK to open.
So much for the introduction on how to return large credit cards.