1. If we really can't repay the credit card debt, we can take the initiative to contact the bank, inquire about the amount of the debt and interest and explain the current situation to the bank, indicating that we are not unwilling to repay the debt, but really powerless, and express our repayment intention to the bank to avoid being sued.
2. After actively communicating with the bank, apply to the bank for personalized installment payment, and make reasonable installments according to your own economic situation and income expectation. When you are unable to repay the credit card arrears, you must not wait for the bank to collect debts. You should take active measures and actively communicate with the bank. According to Article 7 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks, under special circumstances, if it is confirmed that the amount owed by the credit card exceeds the repayment ability of the cardholder and the cardholder still has the willingness to repay, the issuing bank can negotiate with the cardholder on an equal footing and reach a personalized installment repayment agreement. The longest term of personalized installment repayment agreement shall not exceed 5 years. Therefore, under normal circumstances, banks will deal with it according to the actual situation.
The credit cards owed to many banks can't be repaid. What should I do if I am sued?
1. If the overdue users are temporarily unable to repay, it is suggested to contact the customer service of the bank for negotiation, explain clearly the situation that they are temporarily unable to repay, and express their willingness to repay actively. Then, they can try to apply for extending the repayment period and repaying the arrears in installments, and they can also try to apply for stopping interest payments.
2. Under normal circumstances, banks will not easily sue overdue credit card users, because it takes a lot of manpower and financial resources for banks to sue, so as long as credit card users are willing to repay their debts and are trying to repay them, banks will consider withdrawing the prosecution as appropriate. Then the overdue credit card users only need to repay the arrears on time and in installments according to the repayment plan newly negotiated with the bank.
3. If the court has accepted the case, the credit card user must execute it according to the court's judgment. If he refuses to execute it, he will be included in the list of people who have broken his promise, which is what we call Lao Lai. Once he becomes Lao Lai, there is basically no hope for handling credit business in the later period, and our normal life will be affected, such as not flying, moving trains with more than second-class seats, not traveling abroad and not staying in five-star hotels.
What are the solutions for overdue credit cards?
If the credit card is overdue, there are the following solutions:
1. The cardholder should pay the arrears in time and take the initiative to contact the bank customer service to explain the situation and keep the credit card account in normal condition;
2. Cardholders should not cancel their bank cards because they are overdue, because they will lose the opportunity to repair their credit. After the overdue period, cardholders should continue to use their overdue credit cards normally, spend more, repay on time, and replace the overdue records with new repayment records;
3. Cardholders should never lose contact after the deadline. Loss of contact will make the bank think that the cardholder has maliciously overdrawn and owed money, and the bank may sue the cardholder for this.
Will you go to jail if you owe money on your credit card?
1. You may go to jail if you don't pay your credit card.
2. If the credit card is overdue for more than three months or the bank has made more than two reminders, the bank will freeze your card and list you as a prohibited customer (blacklist), and will also sue you for credit card fraud and malicious overdraft, which will be enforced by the court.
3. Those who refuse to repay the loan after prosecution and owe more than 5, yuan have the purpose of illegal possession, and the court will mete out punishment according to the crime of credit card fraud in Article 196 of the Criminal Law.
Legal basis
Article 196 of the Criminal Law of the People's Republic of China
Credit card fraud is committed under any of the following circumstances. If the amount of credit card fraud is relatively large, it shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and a fine of not less than 2, yuan but not more than 2, yuan shall also be imposed; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 5, yuan but not more than 5, yuan; If the amount is especially huge or there are other particularly serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 1 years or life imprisonment, and shall also be fined not less than 5, yuan but not more than 5, yuan, or his property shall be confiscated: < P > (1) using a forged credit card or using a credit card fraudulently obtained with false identification;
(2) using an invalid credit card;
(3) fraudulent use of another person's credit card;
(4) malicious overdraft.
the malicious overdraft mentioned in the preceding paragraph refers to the behavior that the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and refuses to return it after being urged by the issuing bank.
Theft Whoever steals a credit card and uses it shall be convicted and punished in accordance with the provisions of Article 264 of this Law.