1. Remedies for overdue credit cards:
1. Pay off the debt in time, proactively explain the situation to the bank, and keep the account status normal.
2. Do not cancel the card because it is overdue, but you will lose the opportunity to repair your credit. After the due date, you should continue to use your credit card normally, spend more, repay on time, and replace the overdue record with a new repayment record.
3. Don’t lose contact after the due date, and don’t let the bank think you are maliciously overdrafting or owing money, otherwise you may be sued by the bank.
Consequences of a credit card that is five months overdue
2. Consequences of a credit card that is five months overdue
1. Interest will increase;
2. Affect the personal credit investigation system. The personal credit investigation system is now very important to Chinese citizens and will affect future loans and other bank credit cards;
3. The bank will first send text messages and phone reminders, and then send personnel twice Collection and prosecution after three months;
4. The Criminal Law stipulates that malicious overdraft of more than 5,000 yuan on a credit card constitutes the crime of credit card fraud and can be sentenced to up to 3 years in prison; malicious overdraft is between 50,000 yuan and 200,000 yuan. If the amount is huge, you can be sentenced to 5 to 10 years in prison; if the amount exceeds 200,000 yuan, it is particularly huge, and you can be sentenced to more than 10 years in prison.
Malicious overdraft refers to the cardholder's overdraft exceeding the prescribed limit or time limit for the purpose of illegal possession, and the card-issuing bank still fails to return the card after two calls for more than three months. Malicious overdraft is a credit card fraud crime.
It is recommended to return it as soon as possible, otherwise it will not only cause economic losses, but also be held criminally responsible.
3. How to negotiate with the bank if your credit card is overdue
First of all, if your credit card is overdue, contact the credit card center for the first time and explain the reason for the overdue payment.
The second is to inform the bank of its own income and propose a subsequent repayment plan.
Third, pay off the debt on time according to the repayment plan. If funds allow, try to pay off the debt in advance.
Don’t panic if your debt is overdue. Legal assistance will help you negotiate, and a professional team of lawyers will plan a repayment plan for you one-on-one.