Generally speaking, after the overdue credit card debt turns into bad debt, the cardholder can contact the bank customer service to apply for negotiated repayment. If it is maliciously overdue, the possibility of successful negotiation repayment is very low. Only when it is proved that it is not maliciously overdue can the bank agree to the cardholder's negotiation for repayment. According to the current bank regulations, credit card bad debts will be prosecuted in three months. General banks will collect bad debts of credit cards many times. At this time, if the individual fails to explain the situation to the bank and repay the loan, the bank will sue the cardholder after more than three months.

Credit card bad debts usually refer to accounts receivable that are sluggish for a long time and may become bad debts after the repayment period has been received.

Credit card bad debts can only be repaid by negotiation, but it is difficult because banks generally disagree. After the credit card generates bad debts, it will charge interest at a penalty interest rate of one ten thousandth every day. The interest rate is legal and reasonable, and banks will certainly not easily promise to reduce such a large overdue penalty interest. If only the negotiation of repayment principal fails, the user can apply for suspension of interest payment. After the application is successful, the penalty interest will not be calculated later, but the interest generated before the application still needs to be repaid. In addition, cardholders can also apply for deferred repayment and installment repayment.

The following details how to deal with bad debts in different situations:

The first type: overdue bad debts. The best and only way to deal with overdue bad debts is to pay off the debts as soon as possible. Remember not to cancel the card immediately after repayment, but continue to use the credit card.

The second type: bad debts due to annual fees. For credit card bad debts caused by insufficient annual fee, users are advised to repay in time. After paying off, if the card is not used, it can be cancelled, and the bad debts of the credit card will become overdue records.

The third type: overpayment of bad debts. The handling of overpayment of bad debts is simple. Just take out the overpaid money, and then you can cancel the credit card and other related accounts. Finally, you can ask the bank to cancel the bad debt record on the credit report.

To sum up, after the bad debts of credit cards are handled, it is recommended that cardholders check their credit reports one month later to confirm whether the bad debts have been eliminated. All of the above are about "Can credit card bad debts only be repaid through negotiation? How to deal with bad debts of credit cards? " I hope it helps you.