1. What to do if you still owe 600,000 yuan on 8 credit cards

1. Use the minimum repayment function

Credit Card The bill will have a minimum repayment amount, and the cardholder can repay according to the minimum repayment amount, but the unpaid principal will accrue a certain amount of interest.

2. Make installment repayment

If the credit card cannot be repaid in one go, you can apply to the bank for installment repayment. You can call customer service to handle it, or you can do it yourself on the bank APP. By applying, you can divide the period into the longest period to reduce the pressure of repayment, so as to avoid not being able to pay it off after maturity, causing overdue repayment and affecting personal credit.

3. Apply for an extension of repayment

If you have already made installment repayments and are no longer able to repay, you need to explain the situation to the bank in advance, apply for an extension, and set the repayment time to Then extend it a little. If it affects the approval process, the repayment time can be postponed, so that you can have time to collect money to repay the loan.

4. Borrow money from relatives and friends to repay the loan

Cardholders can borrow money from relatives, friends, etc. to repay the credit card debt, and then repay the money to relatives and friends when they have money on hand. .

2. What are the responsibilities for non-repayment of credit cards

First of all, non-repayment after overdraft on a credit card is a breach of contract. The bank can require the cardholder to repay the principal, overdue interest, and Late payment fees, over-limit fees, etc., if the bank sues in court and wins, the cardholder will also have to bear the litigation costs.

Secondly, if the cardholder maliciously overdrafts to a certain amount for the purpose of illegal possession and fails to repay the amount overdue, this constitutes a crime of credit card fraud and he will also bear criminal liability.

If the cardholder does not repay in full after the due payment date and does not choose the minimum repayment amount, the bank will generally take the following measures:

1. Give the credit card Those who are overdue can make a reminder call or send a reminder letter.

2. If you are overdue more than 6 times and fail to pay once, you will be blacklisted by the "Personal Credit Information System" of the People's Bank of China. The bank will freeze the credit card account of the overdue person and blacklist the overdue person. The list and debt record may be fed back to the People's Bank of China's personal credit reporting system, affecting the cardholder's personal credit record and causing the cardholder to be unable to apply for a housing mortgage loan normally.

3. If the overdue amount of the credit card is large (principal of more than 10,000 yuan), overdue for more than three months, and the bank has called for it twice but still has not repaid, it is a malicious overdraft on the credit card, which constitutes the crime of credit card fraud.

You can apply for installment repayment if you have not yet repaid your credit card. If you default on your credit card maliciously, you will not only bear civil liability, but also criminal liability. The decision must be based on the actual situation. If the cardholder's negligence causes the credit card to be overdue, it is enough to pay the credit card debt in a timely manner and pay the overdue fee; if the cardholder maliciously defaults on the credit card and causes the credit card to be overdue, it will constitute a crime of credit card fraud.