What should I do if I can't repay the money owed to my credit card?

The solutions for the inability to repay the money owed to my credit card are as follows:

1. If I can't repay my debt temporarily, I can negotiate with my creditors to repay it by installments, postpone repayment or reduce my debt;

2. If the other party does not agree to postpone or reduce the debt and wants the debtor, then it is necessary to actively respond to the lawsuit in the future, so as to achieve the purpose of repayment by installments or within a time limit in court;

3. If the other party does not agree to extend or reduce the debt, the court will not support it and will repay all the debts within a time limit. If the creditor is able to repay but refuses to pay, the creditor may apply for enforcement. However, enforcement will not be put in prison, because civil liability does not involve criminal issues;

4. If the debtor really has no money to pay back:

(1) The executor knows that the party cannot execute without money;

(2) If the parties have money and refuse to return it, they can arrest people, including judicial custody, or be investigated for criminal responsibility for refusing to perform an effective judgment;

5. The people shall, in accordance with legal procedures and according to legally effective documents, specify the specific implementation contents and force civil obligors to complete their obligations, so as to ensure that the rights of obligees can be realized.

Legal basis: Article 678 of the Civil Code of the People's Republic of China

The borrower may apply to the lender for extension before the repayment period expires; If the lender agrees, it can be extended.

Article 214 of the Civil Procedure Law of the People's Republic of China

In a case retried by the people in accordance with the procedure of trial supervision, a legally effective judgment or ruling was made by the first instance, and the trial was conducted in accordance with the procedure of first instance, and the parties concerned may appeal against the judgment or ruling made; A legally effective judgment or ruling was made by the second instance, and it was tried in accordance with the procedure of the second instance. The judgment or ruling made is a legally effective judgment or ruling; If the people at a higher level bring the case for trial in accordance with the procedure of trial supervision, it shall be tried in accordance with the procedure of second instance, and the judgment or ruling made is legally effective.

when trying a retrial case, the people shall form a collegial panel separately.

What should I do if the credit card is unable to repay

1. If the credit card is temporarily unable to repay, it should negotiate with the bank to extend the repayment period or return it in installments;

2. If you still have some money on hand, you can choose to repay by installments or minimum repayment. Some banks have as many as 24 installments. However, the installment bank will charge a certain handling fee, and the minimum repayment will be calculated at .5% per day;

3. In addition, you can borrow money from your relatives and friends to return your credit card, and then return it to your friends when you have money.

It is worth noting that many people like to keep their cards with cards or use online loans to repay their credit cards, which is not desirable. When you use credit cards, you must spend rationally and give full consideration to your repayment ability.

what should I do if I can't repay the money I owe my credit card?

when you can't repay the money you owe your credit card, you can call the customer service center of the bank's credit card. At this time, you can apply for deferred repayment, which is generally agreed by the bank, but you may have to pay a certain fee when you delay repayment. After the bank agrees, it can effectively avoid personal credit deterioration, and it can be repaid on time later.

when individuals are unable to repay, credit cards also provide users with installment repayment or minimum repayment amount. These two repayment methods can effectively reduce the monthly repayment amount, but they need to pay a certain fee. Generally, the number of installments is selected according to your monthly income.

when using the minimum repayment amount, only 1% of the current bill is generally repaid. Although the repayment amount is reduced, all the credits consumed in this period will bear interest from the date of borrowing. This repayment method will cost more interest, so users should use it carefully to avoid paying more interest.

Extended information:

If the credit card loan is not paid, the consequences will include:

1. Bad credit records will be left in personal credit, which will directly affect the borrower's future loans;

2. generate penalty interest. On the basis of the original loan burden, add a penalty interest economic burden;

3. Take legal action. If the borrower fails to repay the loan of the credit union after repeated reminders, the bank may take the borrower to court;

4. If collateral is used as collateral, the lending bank may auction the collateral after permission to repay the money owed by the borrower.