1. What to do if 4 credit cards are overdue?

1. Continue to use this card

The credit record is It is constantly updated. If you continue to use this card, you can overwrite the previous record with the new repayment record.

2. Do not default maliciously

Overdue credit cards will accrue interest and liquidated damages. If you continue to default on repayments, the bank will think that the cardholder is maliciously overdrafting and call the police.

3. Repay the balance in full as soon as possible

After your credit card is overdue, you must pay off the balance as soon as possible. You can then call the bank to explain that you did not overdue maliciously and did not file an overdue statement with the bank. It can be deleted before being recorded to the credit reporting center.

4. If you are unable to repay, you can explain to the bank

If the cardholder is unable to repay due to various reasons, the cardholder can take the initiative to report to the bank before the final repayment date. Indicating your current situation and stating that you are unable to repay is not a malicious debt. In this case, the bank will negotiate with the cardholder and allow the cardholder to apply for delayed repayment and interest discounts.

2. Can I repay my credit card every three months?

No. Credit card bills are issued every month. Under normal circumstances, repayment is required when the bill comes out. It is normal to repay once a month. Unless there is no outstanding balance on the credit card that month, there is no need to repay. Of course, there are some circumstances where you can repay once every two months, such as future consumption of bills, bill installments or deferred repayments, but this can only be done occasionally and cannot be done for a long time.

As for repaying every three months, this is simply impossible. If you don’t pay this month’s bill after it comes out, and you have to wait until the third month to repay, you will definitely be overdue without even thinking about it. And it has already been overdue twice in a row. Compared with occasionally overdue once and then again, the degree is completely different. If it is overdue again in the third month, three times in a row, the consequences will be serious.

The cardholder's credit card has been frozen or blocked by the bank and cannot be used for normal consumption, and it will not be unfrozen after repayment. Therefore, cardholders still have to pay the balance due according to the current bill every month and repay it on time on the repayment date of the month. If they really can't pay, they can apply for installment repayment or the minimum repayment. Never repay once every three months. Doing so is undoubtedly asking for trouble.

You must continue to use your credit card after it expires. You cannot repay the balance on your credit card every three months. Credit cards have a revolving credit function. Most credit cards have a certain overdraft limit, during which you can consume first and then repay. You can accumulate points by using your credit card, and you can exchange them for gifts after earning a certain amount of points.