1. Realize mortgaged assets: Although many people have no money, they have many realizable assets in their names, such as houses, cars, etc. They can consider mortgaging these assets to obtain repayment. Generally, it is not realized at the original price, so there will be a bit of a loss. It is suitable for people who owe a lot, cannot raise enough money, and are at risk of being punished.
2. Be honest with your family about borrowing money: If you can’t pay off the credit card debt by yourself, it’s better not to shoulder it. It’s better to be honest with your family and see if you can get their help to pay it back simultaneously. If your family members don't have money, ask relatives and friends to borrow money. Make an IOU and write down the repayment time, interest, etc., and borrow the best you can. Don't complain if you can't borrow. No matter how close you are, there is no obligation to borrow money.
3. Actively negotiate for repayment: Even if the credit card debt is not paid, do not lose contact and run away. Don’t miss the bank’s collection calls. If you have no money, you must also express your willingness to repay. See Can repayment be negotiated? If the bank says it wants to sue, don't panic. It will be an opportunity for those who are temporarily unable to repay. It will be easier to negotiate through court mediation when the court is held.
4. Increase revenue and reduce expenditure to increase income: Reduce unnecessary expenses and stop buying impractical things. The key is to work hard to increase your income. In addition to doing your job well, you can also make money through part-time jobs, such as running Didi or delivering food. Don’t be afraid of having more money, but be afraid of not having it. The more money you have, the easier it will be to get out of trouble.
1. A credit card, also called a credit card, is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.
2. Credit cards stipulated in the relevant laws of our country ("Interpretations of the Standing Committee of the National People's Congress on Relevant Credit Card Regulations") refer to credit cards issued by commercial banks or other financial institutions with the functions of consumption payment, credit loans, An electronic payment card with full or partial functions such as transfer settlement, cash deposit and withdrawal, etc. On December 1, 2017, the "English Translation and Writing Standards in the Public Service Field" was officially implemented, stipulating that the standard English name of credit cards is Credit Card.