1. What if the credit card is really unable to repay

1. If the credit card is temporarily unable to repay, the cardholder can choose to negotiate with the bank to extend the repayment period or repay by installments, so as to avoid overdue. If it is really overdue due to special circumstances, such as epidemic situation, sudden illness, natural disasters, etc., you can explain to the bank and apply for suspension of payment, which is the most cost-effective without even interest.

2. If the cardholder can pay back a little, but can't pay off, he can choose to repay by installments or minimum repayment, and some banks can repay by 36 installments at most. However, the installment bank will charge a certain handling fee. The minimum repayment will charge interest, five ten thousandths per day.

3. In addition, you can borrow money from your relatives and friends, pay back your credit card first, and then pay it back to your relatives and friends slowly. After all, the interest of the bank is still relatively high.

second, what should I do if the credit card is unable to repay the lawsuit?

The first thing to determine is whether the summons received by the cardholder is a real court summons. Generally speaking, there will be detailed information on the court summons, and of course you can also go directly to the court for consultation. Some court summonses will also leave phone numbers, which can be used for consultation.

If the bank really sues the cardholder to the court, it should at least actively respond to the lawsuit. Most credit card prosecutions are just a civil dispute. As long as there is no malicious overdraft, there is no deception when applying for a credit card, and the overdue amount is less than 5, yuan, it will not constitute a criminal offence. So cardholders don't have to worry too much. After receiving the court summons, you only need to respond within the specified time.

3. What are the consequences if the credit card is unable to pay

1. With high interest and late payment fee, the cardholder will no longer enjoy the interest-free period of the credit card, and the bank will charge five ten thousandths of the interest on the whole bill every day, and the bank will also charge the cardholder a late payment fee, accounting for five percent of the unpaid part of the minimum repayment amount. The longer the overdue period, the higher the interest to be paid.

2. Stop using the credit card. If the cardholder fails to repay the loan for a long time, his credit card will be stopped. Because the bank will think that the cardholder's repayment risk is high, it will stop using the credit card and stop the loss in time. Moreover, for cardholders who are still unable to repay their credit card debts, they can apply for auction of assets under their names after suing the court.

To sum up, the above is all about how to handle the credit card if it is really unable to repay. Although the inability to repay the credit card is really serious, as long as you can communicate with the bank, you can apply for other repayment methods to avoid overdue.

The consequences of overdue are still very serious. If you don't handle it in time, you may face litigation risks. Contact legal counsel to solve your overdue troubles.