After a credit card is overdue, in addition to the pressure of repayment and a bad credit record, you also have to deal with various collections of varying degrees. Many cardholders have encountered this problem, and there is only one way to completely solve it, and that is to pay off all debts.

So what should we do when faced with a reminder from the bank?

Let’s negotiate first. Although the bank may not agree to negotiate, there is still hope. Find a way to pay it off as soon as possible. Whether you use installments, the minimum payment amount, or borrow money from friends to pay it off, you must pay it off so that you can stop the loss in time. After a period of collection, try to negotiate again. For some banks, after a period of collection, it is possible to negotiate again.

Ultimately, you should try to control the amount of credit card debt below 50,000. If you cannot repay it all, you should also ensure that you repay part of it every month to prove that you are willing to repay it. No matter what the reason is for reaching this point, running away will not solve the problem. Only paying off the debt can solve the problem.