What is the reason for the expiration and freezing of credit cards?
1. The overdue amount of the credit card is large.
2. If the credit card expires for a long time, the bank will stop freezing, usually for 2 to 3 months.
What if the credit card is overdue and frozen?
1, debt repayment
All loans, including interest, should be repaid as soon as possible.
Call the bank to explain the situation.
Call the bank credit card center to explain the situation, apply for opening, and ensure the repayment on schedule next time.
Continue to use this credit card.
Never sell a credit card to a customer after it is thawed. It must last at least two years and be repaid on time. Even if you can't repay in full, try to repay according to the minimum repayment amount.
Bad personal credit records will be generated after the expiration, and the longest storage period is 5 years, but only about 24 months of records are shown in the requisition report. Therefore, Bian Xiao suggests that you continue to use your credit card after decompression and refresh your personal credit record.
If the credit card is cancelled after thawing, it will not only be rejected, but also the personal credit record will not be updated, and it will be difficult to apply for a loan in the future.
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