Will the credit card be repaid if the person dies?

Married: after the cardholder dies, the spouse will continue to repay the credit card debt. If the cardholder divorces his spouse, there is no need to repay the credit card debt.

unmarried: after the cardholder dies, there is no need to repay the credit card debt. If there is a legacy, it is another matter.

inheritance: the heir will inherit the debt and inheritance, and the bank will recover the credit card debt from the heir, and the credit card debt needs to be paid back.

Legacy: Heirs have the right to choose not to inherit. No inheritance, no debt, no credit card debt.

according to article 19 of the marriage law of the people's Republic of China, the property acquired by husband and wife during the marriage relationship is agreed to be owned by each other, and the foreign debts incurred by one of the husband or wife are paid off with the property owned by the husband or wife if the third party knows the agreement.

According to Article 33 of the Law of the People's Republic of China on Succession of China, when inheriting an estate, the taxes and debts that the decedent should pay according to law shall be paid, and the payment of taxes and debts shall be limited to the actual value of his estate. If the part exceeds the actual value of the estate, the heir will voluntarily repay it. If the heir renounces his inheritance, he may not be liable for the taxes and debts that the decedent should pay according to law.

As many problems will arise after the death of the cardholder, relatives should go to the law firm and the bank to consult specific matters.

Do you still need to pay back the credit card debt after death?

Yes. Credit card arrears can be repaid by heirs or other relatives and friends, and after paying off, contact the bank to cancel the credit card.

people have passed away, do you still need to pay back the credit card debt?

after a person dies, the credit card will still be paid back, because everyone's debts will not disappear because of the death of the individual, and creditors have the right to continue to collect the remaining debts from the credit card users after the death of the person.

After the death of a person, the credit card center inquires, and if there are legacies in the person's name, these legacies can be used to repay the credit card's arrears, and the credit card center will dispose of the legacies and recover the credit card's arrears in a new way. According to the agreement of financial institutions on overdue loans, as long as the assets under the debtor's name can be used to compensate the related debts, no matter what happens to the debtor, the assets under the name can be used to repay the debts.

1. Ask relatives to repay. If the cardholder's bank card deposit in the bank is not enough to repay the debt, or if he doesn't apply for a bank card in the bank, what will the bank do? Then the bank has the right to ask the cardholder's relatives to repay the debt. Of course, there must be a premise, that is, the children need to be adults, have a source of income, and live with the cardholder. At the same time, when the debt exceeds the cost of family expenses, the bank has no right to ask family members to repay it.

2. Ask the heirs to repay. After the death of the cardholder, if his legacy is left to the heirs, such as houses, cars, deposits and equity, the bank can repay the debts within the scope of the heirs' inheritance rights. However, if it exceeds the scope of the heir's inheritance property, then the bank has no right to ask the heir to repay it.

if the cardholder has no heirs, immediate family members and property to auction or deduct, then the debt is a real bad debt for the bank, and it can only be written off after one year.

of course, the premise is that after investigation, the bank determines that there is no property in the cardholder's name, and there is no intentional transfer or even hiding of property. Otherwise, it will still be implemented according to the above points.

do I have to return my credit card when I die?

No, if the cardholder has no inheritance, the credit card is "dormant account rotten", and the bank will generally treat it as a bad debt; If the cardholder has an inheritance and the family members do not cooperate with the repayment, the bank will generally not be able to collect it, and it is highly probable that it will be treated as a bad debt.

the bank will give a credit line according to the individual's economic strength and past credit records. This credit line does not need to be mortgaged or guaranteed. The real estate and car products filled in when handling a credit card are only a credit reference for the bank, not a mortgage, and the contact person filled in is not a guarantor. It doesn't matter if the cardholder doesn't pay the money. If the cardholder fails to repay on time, he will be punished by the bank; However, if the cardholder dies, most of the credit card arrears will be treated as bad debts by the bank, and the extremely large amount may be treated by the bank.

The bank will contact the family members if the amount owed by the credit card is not much, but if the family members refuse to cooperate with the repayment, there is nothing the bank can do. After all, it is a credit card, which is a pure credit guarantee. It is not worthwhile for hundreds or thousands, and the lawsuit itself has costs.

if the amount is extremely large, the bank will still ask the cardholder's spouse to repay, and if there is no spouse, the heir will ask for repayment. If the inheritance is insufficient to pay the arrears, the heir does not need to repay the remaining arrears.

if the cardholder dies and has no legacy, just tell the bank directly without repayment.

People have passed away, do you still need to return the credit card?

You still need to return it. If the cardholder leaves an inheritance after his death, and there is an heir, the credit card arrears shall be repaid by the heir. If only the inheritance has no heir, the bank needs to apply to the bank to deduct the credit card debt with the inheritance. The second is that people die without inheritance, which is more complicated. For example, if there is a marriage relationship, then if the cardholder dies and there is no agreement on personal debts in the marriage, the spouse needs to return the arrears. After death, there is no spouse and inheritance, so the bank can only deal with bad debts.

Credit limit refers to the maximum overdraft limit given to your credit card by the bank when approving your credit card. You can only spend by swiping your card within this limit. If it exceeds this limit, you will not be able to spend by swiping your card.

at present, there is no explicit stipulation on the credit card limit. The regulations of each bank are not completely consistent, but there will be a general range. For example, the general credit card is 3-8, and the gold card is 8-1W. This is just the general application scope of credit card limit. The specific situation depends on the amount of credit card after getting it.

the credit limit is approved by comprehensive evaluation based on the information you filled in when applying for a credit card and the relevant supporting documents provided. The main card and the supplementary card * * * enjoy the same credit limit. Under normal circumstances, the RMB limit and the US dollar limit of a dual-currency credit card can be converted to each other. For example, your limit is 3, RMB, and when you use the card abroad, your credit limit is equivalent to about 5, US dollars.

The credit limit will be adjusted by the bank on a regular basis, but you can take the initiative to provide relevant financial proof to request the adjustment of the credit limit. In addition, when you need a higher credit line in a certain period of time when traveling abroad or moving to a new house, you can ask for a higher temporary credit line.

Precautions for the use of credit cards:

1. Pay attention to consumption

Credit cards should not only enrich the types of spending by swiping cards at ordinary times, but also ensure the amount of consumption, and occasionally make several large purchases. In addition, we should also pay attention to avoid spending money in the same place frequently. Some friends spend a lot of money several times, but instead of approving the withdrawal, the bank freezes the credit card because of the risk of cashing out.

2. Pay attention to the credit limit

Friends who want to increase the credit card amount must pay more attention to the changes in the credit limit of the active credit card, especially the use limit and available limit. When the ratio of the used credit limit to the credit limit of your credit card is higher, the chances of the withdrawal application being passed will be higher.

3. Inquiring about credit information

If the cardholder has met the credit card withdrawal conditions, it is best to inquire about your personal credit information first. Credit information has a great influence on credit card withdrawal, and only a good credit record can guarantee the success rate of withdrawal.

if a person dies, should he return his credit card?

both the credit card amount and the loan owed by people after death need to be paid back. After a person dies, there is an heir, so after the heir inherits the inheritance, all the debts owed need to be borne by the heir.

If there is no heir or the heir abandons the inheritance, then at this time, the bank can only liquidate the assets of the deceased in the bank. If it is not enough to repay the arrears, it can only handle bad debts. In addition, if there is a guarantor, even if the lender dies, as a guarantor, he has the responsibility to repay.

Extended information:

Should I return my credit card after my death?

If a person who owes a credit card dies, and his credit card consumption is used for family life and expenses, I'm afraid his spouse will have to pay back, and this debt will be borne by both husband and wife.

If the credit card is used for personal consumption, the spouse is not responsible for repayment. Unless the spouse is the heir of his estate, he naturally needs to inherit his debts when he inherits the estate, and he can inherit the rest only after paying off all kinds of debts owed by the other party before his death.

It should be noted that the successor's debt repayment is limited to the actual value of the decedent's estate. If the part exceeds the actual value of the estate, the heir will voluntarily repay it. Of course, if you give up your inheritance, you naturally don't have to pay off your debts.

It should also be noted that if the cardholder has a bound bank card before his life and automatic repayment is enabled, the bank will still deduct the corresponding amount from the bound bank card to repay the credit card bill when the credit card repayment date arrives. And if the cardholder has no assets or inheritance, and the bank can't collect the money, I'm afraid it will handle bad debts.

Let's stop here for the introduction of whether to return the credit card after death.