1. How to deal with the overdue credit card of 120,000 yuan and inability to repay the credit card?
1. If the amount of 120,000 yuan is overdue on the Shanghai Pudong Development Credit Card, it is still relatively large. If you are unable to do so, When repaying, you must proactively contact the bank to explain your current predicament and indicate that you are not maliciously overdue. It is best to provide the bank with proof of non-malicious overdue payments, such as investment failure, unemployment certificate, etc.
2. Prove that you currently want to apply for partial interest exemption or extension of repayment period. Generally, the bank will agree to negotiate in this case. When the bank agrees to negotiate repayment, the cardholder can First borrow some money from friends and relatives, and then pay back part of it, so that the bank can see the sincerity here and strive for greater benefits for yourself.
3. Through negotiation, we can get a new repayment plan. In the future, we only need to repay the money on time according to the new repayment plan. If it is overdue again, the bank will definitely transfer the overdue payment. The records are uploaded to the central bank’s credit reporting system.
2. What will happen if the Shanghai Pudong Development Bank’s credit card is overdue for three months?
1. If the Shanghai Pudong Development Bank’s credit card is overdue for three months, the bank will definitely take action. Generally, after this time, Shanghai Pudong Development Bank will make multiple collections. If that fails, the credit card holder will be prosecuted. If the credit card holder loses the lawsuit, he will need to bear all the bank's fees and will be blacklisted by the bank.
2. At the same time, your overdue records will be uploaded to the credit reporting system by Shanghai Pudong Development Bank. If the circumstances are serious, you may face penalties. At this time, if the cardholder wants to reduce the impact of an overdue credit card on him or her, the most important thing to do is to pay off the remaining balance.
3. Can I continue to use my Pudong Development Credit Card after it is paid off?
1. If I apply to the bank for unfreezing my Pudong Development Credit Card after it is paid off, I can continue to use it if the bank approves the application. However, If the bank does not agree to unfreeze, it will not be used. Generally speaking, whether you can continue to pay off your Pudong Development Credit Card depends on the specific circumstances of the overdue payment.
2. Generally, the overdue situation is not very serious. As long as the cardholder applies, the bank will agree to it, but the bank may reduce the credit card limit. If the credit card is seriously overdue, Shanghai Pudong Development Bank will most likely not agree to unfreeze it.
Through the above information, we understand the problem of how to deal with the overdue credit card of 120,000 yuan and the inability to repay it. Everyone should also understand what will happen if the Shanghai Pudong Development Credit Card is overdue for three months and how to continue after paying off. Use it related introduction, thank you for your attention to the platform!
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