Credit card (debit card) is a double-edged sword. If used well, it can make life better, but if used improperly, it will lead to high debts. In real life, the latter situation is more common. For cardholders who owe too much, how to save themselves and pay off the debt is an urgent matter. Let’s take the arrears of 200,000 yuan as an example to introduce. Several methods of landing.

How to save yourself if you owe 200,000 on a credit card (debit card)?

If the cardholder’s income is not very high, if he has any savings, etc., it will be really difficult to pay off the 200,000 credit card debt by himself. If it is overdue, there will be penalty interest, and the interest will compound, let alone repay it. Therefore, it is urgent to do everything possible to avoid overdue payments. For details, please refer to the following methods:

1. See if you can repay the loan in installments:

For those who are unable to repay the loan in full, and If you don’t want to borrow money, installment can be said to be the most appropriate method. However, the installment must be determined based on the actual amount of debt owed and your own repayment ability. At present, most banks can only divide it into three years at most. 200,000 yuan requires at least a monthly salary of 6,000 yuan or more. If you cannot do this, you can only borrow money or let it be paid. Family members helped chip in the money.

2. Ask family members to help raise money:

This is a more reliable method. After all, it is not difficult to gain the understanding of family members, get through the difficulties together, and then make money together. Need to carry foreign debt. However, there are many families who may not have enough savings of 200,000 yuan. In this case, it is definitely not feasible and another solution must be found.

3. Ask relatives and friends to borrow money:

You must be sincere when borrowing money. First, tell the real purpose of borrowing money. If the other party is willing to lend money, you It is necessary to set up an IOU and give an appropriate amount of interest. After all, if you put 200,000 in the bank, you still have some money, so you can't let others lose.