If it is overdue for more than 4 months and there are two effective collections that have not been repaid, the bank has the right to sue the debtor, and the amount exceeds 50,000, which may be suspected of credit card fraud. Although you can let the bank know that you are willing to repay, there are still many factors to determine whether you will be convicted of credit card fraud. Have you told the bank about your difficulties and have a strong willingness to repay? Personally suggest topics, don't worry about going to jail. You should take the initiative to deal with this debt. Active and passive results are different. You should take the initiative to communicate with the bank to stop payment, so that you can stop the loss, stop the increase of the total amount owed, and then restructure the debt. Not only can the repayment period be extended, interest-free installment can be carried out, but also the interest on liquidated damages can be stopped, and the collection can be stopped to avoid being sued. In this way, the problem is solved. Paying off debts is a matter of course. You may not pay it back for the time being, but you must. If the bank does not negotiate, it will eventually embark on the road of prosecution. Bank prosecution is generally a two-year cycle, and accumulated overdue users sue together.

In fact, the purpose of bank prosecution is only to make you pay back the money. You can still negotiate with the bank to solve it. Three-year installment will not cause too much pressure for people with normal income for one month. Don't avoid debts, don't go to work, and lead a negative life, which will definitely not solve the problem. First of all, don't avoid overdue credit cards, face this problem rationally and correctly, and actively find ways to solve it. It is best to communicate with banks, but most banks are difficult to communicate, and most bank collections are outsourced.

Secondly, first do a good job of withdrawing funds, know how much money you can use at present, including the money borrowed from relatives and friends, try to tide over the immediate difficulties and make a plan for withdrawing funds.

Thirdly, do a good job in planning the source of funds in the later period, including the source of work income or part-time income, as well as the source of funds for detachable loans. In short, open source and reduce expenditure.

In short, when you are in this situation, you must be a little tired. You may need to find ways to increase revenue and reduce expenditure, but it must be legal. You must believe that after you really get through this hurdle, you will get great growth and maybe bring valuable wealth to your later life.

The total liabilities of the main eight cards are as high as 460,000, so the average liabilities of each card are about 60,000. Due to the large debt base, the interest on overdue liquidated damages is relatively high.

After the credit card is overdue for 3 months, the penalty interest will be calculated according to the compound interest of 6.5% of the total amount owed, that is to say, according to the calculation of 460,000 yuan, the penalty interest for one month will be as high as 29,900 yuan. There is no doubt that you are not mistaken, it is 29900 yuan! And it is compound interest. Compound interest, do you know what this means? Commonly known as interest rolling, so in the case of such a huge amount of arrears, overdue is very scary!

So what we need to do now is to stop immediately, apply to the bank to stop payment and repay in installments. However, ordinary banks do not reach an installment agreement with individuals, and can also entrust debt restructuring to help you negotiate interest-free installment repayment, stop interest on liquidated damages, stop collection, and avoid being sued!

Credit card overdraft consumption has become a very common phenomenon in this society, especially some people who borrow money to gamble and stock market, which leads to more and more debts and finally leads to the destruction of the whole family and life, which is regrettable. Eight credit cards owe 460,000 yuan, which is overdue for 4 months. Obviously, this is a serious credit card overdraft. If you don't repay in time, you will definitely be blacklisted and become "Lao Lai". Once you become an "old lai", you will be restricted to hotels or travel, and even serious enough for your children to go to school.

There is a real case around me. My friend, out of a desire to recover his losses quickly, quit his job and kept swiping his credit card to cash in and speculate on futures. As a result, it is conceivable that he is under great pressure and his operation is getting impatient. As a result, the more he lost, the more overdue information of each credit card he received at this time, and his life fell to the lowest point.

However, considering that I am still young, my friend didn't want to be blacklisted so soon, and finally got lost. In order to repay as soon as possible, on the one hand, he contacted his parents to pay off most of his debts, on the other hand, he begged his colleagues and friends to borrow money by borrowing money with interest and pay off some credit card debts on time every month. Then I worked hard and even worked part-time after work. After more than a year, I finally paid off my friend's loan with interest.

Therefore, if the topic owner doesn't want to give up on himself, Hou Ge suggested that he can collect money as soon as possible like my friend (either contact his relatives or contact his friends, classmates, colleagues, etc. Pay off the credit card debt, so as not to blacklist his credit information and affect his normal life in the future.

Of course, it is to borrow money from friends, colleagues and classmates to pay back credit cards. Brother Hou made two small suggestions:

Finally, I suggest that friends, although credit cards provide convenience for everyone, if you are a person with poor self-discipline and limited self-discipline, it is recommended not to buy too many credit cards, and credit card consumption must match your income level.

If it is overdue for four months, it will be more than 90 days. Presumably, you have also experienced problems such as collection. Banks that are overdue for more than 90 days and have not paid their debts after repeated collection will generally file a lawsuit together to demand that the property under your name be sealed up to pay off the debts. If you still don't repay the money, you will be listed as the person who has broken your promise. At first, it will definitely affect your work and travel, and it will also affect your family, especially your children's employment and studies. You will also go to jail. These arrears constitute a malicious overdraft of credit cards, which is a criminal responsibility.

Although the credit card is good, it must be used in moderation, just like a scalpel, which can not only hurt people but also save people. It depends on how you use it. A good credit card is a kind of flexible liquidity, which can be used for starting a business or investing, or for emergency use. But more people use it to overdraw consumption and gamble, which is digging holes for themselves.

I owe hundreds of thousands on my credit card, but it's really for emergencies. Before the elderly get sick, they can pay the hospitalization expenses directly by credit card. Personally, I feel very good, at least I don't have to borrow money everywhere. It is not easy to borrow money from relatives and friends now. I also use online loans, but to be honest, online loans are relatively pitted and are not recommended. If my credit card limit is not enough, I won't use online loans. There are still 40,000 online loans that can be paid off, and more than 200,000 were owed before. Credit cards are also returned by changing software, and some of them are phased. In fact, the credit card can be returned by itself or the software can be returned, which is basically not overdue. Sometimes you need to have several credit cards in case of emergency. After all, like me, no one is sick, and there are many entrepreneurs doing business now, so the capital flow can't be so stable all the time.

The advantage of credit card is that it can meet your needs when you need money temporarily, but although it has an interest-free period, it will give you more and more money with the continuous expansion of your consumption desire, and you will eventually encounter the problem that your expenditure exceeds your income and you can't afford it. At this time, the lighter ones will apply for the minimum repayment amount and pay it back slowly, and the heavier ones will wait until the bank has passed the time limit before suing.

The mood of using a credit card is exactly the same as that of stock trading. It is a process of continuous acceptance and adaptation. The stock market is just an illusion that you get rich overnight. Credit cards keep inflating your lust. The similarity between the two is that you will eventually get caught up in it.

1, minimum repayment by credit card. If the cardholder can't repay in full, set a minimum repayment amount at this time. As long as the minimum repayment amount can be paid, it is not overdue, but you can't enjoy interest-free treatment in the future. From the date when you start the minimum repayment amount, you will be charged at the daily interest rate of 0.05% and compound interest will be calculated monthly.

The minimum repayment of credit card is 65438+ 00% of your consumption amount. At present, you owe 460 thousand, plus interest and handling fee, you must pay at least 46 thousand a month. If you can, go to the minimum repayment amount.

2. Try to avoid being sued. You know, according to Baxi credit card, the total debt is 460 thousand, and each card has an average of more than 50 thousand. Your amount has reached the conditions for bank prosecution. Once it is overdue for more than three months, the bank will start to sue you, but it is basically an upfront repayment. Going to court to sue is another matter. Of course it will be faked, and the consequences will be more serious.

Working to pay back the money, since you can owe 460 thousand, you must have used the money for other purposes. Can you repay it slowly or meet the minimum monthly repayment requirements, otherwise it will be serious once it is overdue.

In short: credit card consumption must be controlled. People's desires are endless, and they will blindly and wantonly consume. Once they finally began to realize the seriousness of the situation, it was a little late. Work hard and return to a better life.

Debt? It's not that there is no hope for improvement:

1.？ Debtors should clearly understand their own situation and debt problems, increase revenue and reduce expenditure in time, adjust their existing lives, and ensure a stable and reasonable repayment method!

2. Professional debt team: professional institutions dealing with overdue debts intervene to protect your rights and interests. Help you negotiate with the bank, for example, apply for reducing overdue extra fees such as liquidated damages and penalty interest, and repay by installments again.

You should earn money to pay it back. If there is no source of income, go and find it. And then settle the debt.

If there is a stable source of income, you can appropriately increase some income.

Then we can sort out the arrears of each piece and choose the priority to deal with them. It has been overdue for 4 months and meets the conditions for prosecution. Then we can restructure our debts to reduce our repayment pressure. In this case, we also need money to pay off our debts, so without money, this debt can't be solved!

Thank you for inviting me!

I have answered similar questions before, and interested friends can browse them. For your own debt, you must first consider the following dimensions.

The first thing to do is to sort out your debts, such as credit cards, small loans, mortgages and car loans.

I don't know how your debt is formed. In my opinion, the problem of forming your own debt is nothing more than the following reasons.

1. Speculation

This is also the main reason why many people are in debt, especially online gambling. Unfortunately, I'll tell you directly that this is a scam. If it's offline gambling, you have only yourself to blame.

start a business

With the slogan of mass innovation and mass entrepreneurship put forward, many people start businesses without considering the consequences, and as a result, they fail to start businesses and bear huge debts.

3. Cash management by credit card

Many people don't even know what financial management is. For example, if they use credit cards to buy digital currency or P2P, once they collapse, they are basically in debt.

4. Conventional loans

Small loans borrow money, the interest rate is too high, or just regular loans, directly bearing huge debts.

If you owe money from gambling, don't imagine you can win it back. Almost impossible. It will only get you deeper and deeper, and stop it in time. Quitting gambling is a good start.

For some merchants, the money owed to small loans and credit cards can be repaid directly through negotiation with platforms or banks, without some interest and handling fees. If not, the conventional loan does not need to be directly repaid, and it can also be directly borrowed without being directly repaid.

If the above problems are clear, now is the time to start making repayment plans. For example, some banks don't pay back the credit card money in installments. You can directly negotiate with the bank to pay less interest or not, but only the principal. Your credit has been cut off anyway. If they don't agree, then you don't have to worry. You can hang up the bank, they will answer the phone, and the court will sue you for having no money, which will only consume energy. Therefore, in this case, ordinary banks will agree to use only energy.

If you don't agree, it's bad debt. Who loses more than you know!

Here are some suggestions for you. I hope you get ashore as soon as possible!

Share my experience! To tell the truth, I'm in debt, too. Debt makes me breathless. I have run factories, food stalls and transportation, and I have lost money. Life was once without passion, and life was very tight. It's really like a year, but fortunately, I chose to be a sailor two years ago. Otherwise, I can't imagine what I would live like now. I once wanted to get rid of death and find a way to make quick money, but it was really difficult. I'm stuck in the past and there's no way out. Later, it was pressed by debt collectors (third-party debt collectors) and crushed people to death. It's terrible to turn my family into a family and betray my relatives. But I cried when I saw my elderly parents and poor children. Because I still have responsibilities to face, I have to live first anyway. The first thing I should do is to calm down. Debt can only be put aside and paid back slowly. At that time, the creditors could understand me, but the bank credit card was still very tight, and I was threatened by a third party. Now I have paid off a large part of my debts through my own efforts, which is a relief.

It is suggested to negotiate the repayment plan to avoid malicious overdraft.

If the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and fails to return it for more than 3 months after being twice collected by the issuing bank, it shall be deemed as "malicious overdraft" as stipulated in Article 196 of the Criminal Law.

The amount involved in the crime and the punishment proposal are determined with reference to the amount issued by the local province.