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I have a credit card problem. I borrowed money from the bank but cannot pay it back. What should I do? Will it affect my parents, wife and children?

No, but the impact will be more serious. If you do not repay the credit card installments, the impact will be more serious. If you do not repay three installments, it is recommended to repay the money on time in the future, otherwise it will happen again. If it happens, you will be blacklisted by the bank, and if it is more serious, you will be sued by the bank.

The impact of non-repayment on credit cards:

It will have an impact on future credit card applications;

It will have an impact on future loan quotas for buying houses, cars, etc. /p>

It will have an impact on the interest on future loan repayments;

It will have an impact on the normal use of the credit card, and it may be frozen and deactivated;

If it is overdue, it will be serious They will be blacklisted by the bank and become black accounts, and they will not be able to apply for loans in the future;

If you do not repay the money you owe, you are likely to be sued by the bank.

My personal suggestion is to pay back the money you owe.