Bad debts refer to accounts receivable that have passed the repayment period, cannot be recovered after collection, and are in a sluggish state for a long time. Simply put, it is an account that has not been paid off for more than three years. The cause of bad credit card debts is not just that you owe money and don't pay it back. There is a situation called premium bad debts, which should be noted:

1. General bad debts: if the credit card is overdrawn for a long time, it will form long-term bad debts.

2. Premium bad debt: refers to the part that the repayment exceeds the debt, and it will become bad debt if it is not handled for a long time.

What do you mean by bad credit cards?

1. Bad debts refer to accounts receivable that have passed the repayment period, can not be recovered after collection, and are in a sluggish state for a long time, which may become bad debts.

2. What behaviors may lead to bad debts of credit cards?

3. There are two main types: bad debts caused by overdue repayment, that is, general bad debts, and the other is bad debts caused by premium payment. a

4. General bad debts: that is, if the credit card is overdrawn, it will form bad debts after a long time.

5. Premium bad debts: Many card friends don't understand this. It is worthwhile not to use a credit card for a long time, but having extra money in the card will also lead to bad debts.

6. After bad debts are generated, pay off the debts in time (be careful not to exceed a penny) and cancel the account. After successful account cancellation, it can be found that there will be no overdue accounts in the credit report. This is different from the general credit card overdue processing method.

7. Bad debts are a serious state. If it is not solved, it will be basically insulated from bank finance such as loans and credit cards. Personal credit information has this record all my life. For bad debts, if they are not paid back, bad debts will always be displayed. However, there will be overdue records after paying off debts, which will be displayed for five years in a row after paying off debts.