What will the bank do if the debtor is unable to repay the credit card?

What will the bank do if the debtor is unable to repay the credit card! ? First of all, what is certain is that the bank will definitely pursue it with all its strength. After all, the bank’s money is not free!

So when you are unable to repay your credit card, the bank will definitely pursue all kinds of collections! In the end, if it takes more than three months or more, you may be sued in court! At that time, you may be listed as a dishonest person, which would be very inconvenient! All kinds of online payments and bank cards will be frozen, you can't take the high-speed rail or plane when traveling, your children can't go to private schools, etc.! So the best way is to make money. Make enough money and negotiate with the bank to get out of this predicament as soon as possible! As for committing suicide, there is no need. Human life is still precious. If you have to worry about it if you encounter obstacles, then this world is really not worth it!

I remember a credit card overdue data I saw before: In 2010, the overdue amount of domestic bank credit cards was only 7.686 billion yuan, but in just eight and a half years, this amount expanded to 75.667 billion yuan Yuan has increased nearly ten times. Overdue credit cards cannot be ignored. Premature consumption and blind consumption are becoming more and more common. So how will banks deal with overdue credit cards?

As a veteran who has been engaged in bank credit business for more than ten years, I will take my bank as an example. When a credit card is overdue, it goes without saying that the first thing to do is to collect it! Although it is said that most of the collection is useless, after all, there are always a few people who have money and deliberately do not pay it back, but the collection step still needs to be carried out; usually at this time the bank will ask you the reason for the overdue payment, and if it is a temporary turnover problem, the bank will recommend that you Installment repayment (if your amount is too large, in order to avoid large overdue payments, some banks will also grant interest exemptions and principal installments).

If the collection against you is unsuccessful, the bank will call you to collect the family information (such as parents’ information, spouse’s information) that you filled in when applying for the card. After all, these close relatives are The only one who can possibly pay it back for you.

If the above collection cannot be collected, then 3 months (some banks 6 months) will be transferred to the outsourcing company for collection. If the collection fails with the outsourcing company, the bank will take Two types of measures: First, for smaller amounts, bad debt provisions will be directly made and offset against current profits (the bank will only list these bad debts, and the bank still retains the right to recover); second, for larger amounts, the bank will pass Resolve by legal action, apply for enforcement of all the searchable property in your name. Summary

In fact, the amount of overdue credit cards is generally not too large. If you really want to pay back the money, most people can still pay it off by working hard and saving money, so if you work hard, you can solve the problem. Next, try to apply for installment repayment from the bank! Avoid bad personal credit reports!

Sometimes, we cannot describe the old man as so pitiful, and those who owe money have no reason to be so confident.

As mentioned in the title, if the debtor is unable to repay the debt, if it is a formal loan, then the debtor in this incident has breached the contract and breached his trust first. How can the vulnerable group say that killing people to pay for their lives and debts to pay back Money has never changed since ancient times.

As an adult, you need to evaluate your own borrowings. Failure to repay money after the due date is itself a violation. The law must protect reasonable borrowers, and debt collection by creditors is a reasonable and legal act. Of course, in actual operations, some creditors will use irregular words and some extraordinary debt collection behaviors during debt collection.

But think about it, if debt collectors were polite and as gentle as sheep, then who would be afraid of those who owe money? If the debt is overdue, there is nothing serious. As a result, who will think of ways to repay this debt in time?

There is a saying that is right, the person who owes money will always be the uncle. If the money lent to you is not repaid, he still calls himself a "vulnerable group" and "is the only way to commit suicide?" Isn't this Naked moral kidnapping?

Luo Yonghao, the founder of Smartisan Technology, owes 600 million and has been restricted from high consumption many times. Moreover, he is working hard to make money and repay the money. He even joked about himself on the show that he owed the bank 100 million, which belongs to the bank. Worried, he "broke down six banks."

As an investor who borrows money, please evaluate your investment behavior. If you make a profit, it is your luck and ability. If you lose, please take responsibility.

Yesterday, my mother-in-law came back from get off work and gossiped with me. She said that the neighbor’s second brother’s wife had given birth to a baby and she didn’t have the money to buy chickens for confinement. She asked her sister-in-law to borrow money to have the baby for confinement. I was so curious that I continued to ask. I said: How is that possible? His wife is pregnant and working all the time, and the second brother is also a supervisor.

The mother-in-law said: They owed a lot of debt. They owed more than 300,000 from the bank and the money they bought for the code. They owed money from the bank for three years and couldn't pay it back. His father also owed money for cancer at the time. After spending hundreds of thousands, there are still 4 children waiting to be raised at home. His father died early, leaving his mother alone to take care of the three brothers' children. An eldest sister married away from Hong Kong and rarely came back.

I asked even more strangely: Wasn’t it quite rich when I worked in Shenzhen before? I often changed cars. I often drive back to my hometown. The round-trip fare from Shenzhen to Zhanjiang is only 5,600. Every time I pass by my house, it’s very noisy. I can hear the music playing in the car upstairs.

He is very tolerant and answers every call from the bank. He also faced it positively, and none of the people who called him actually came. However, it is true that the current situation of his family is very bad, and the economic conditions are also very poor. Three brothers and 14 people live in a two-story brick house, and there is nothing to pay for it. As for his I don't know if I want to commit suicide in my heart. It has been two or three years, and I think his life is normal.

As of now, Chinese people hold more than 700 million credit cards, which shows how widespread and popular credit cards are. However, credit cards are also criticized for various reasons. For example, the interest rate is too high, which may lead to excessive consumption. Also due to its large size and high risk, it has negative effects on both financial stability and social stability.

The phenomenon of overdue credit cards is becoming increasingly obvious and serious. According to the relevant provisions of the criminal law, if you hold a credit card from a certain bank and fail to repay it overdue, and the money owed to the credit card exceeds 50,000 yuan, and you still fail to fulfill your repayment obligations after repeated collections by the card-issuing bank, the cardholder will be suspected of violating the "credit card" Fraud!” This means that if you don't pay back the money on your credit card, you will eventually have to bear the embarrassing and passive consequences of going to jail and the debt will still not be discharged.

Banks generally start calling to collect debts from credit card holders who are one month overdue. Of course, there are some banks that are very wealthy and do not bother with overdue cardholders for two or three years. But this situation is not a good thing for cardholders: because credit cards carry interest, long-term overdue interest will result in compound interest, interest rolled into the principal, late payment fees and other money. If you owe a credit card 30,000 yuan and are overdue for two years, each The accumulated expenses have already exceeded the principal. This means that the longer the arrears are, the greater the final price will be.

If you receive more than a few calls from the bank to collect credit cards for more than three months, the bank will generally report the case. If the judicial department files a case for "credit card fraud", there is still room for maneuver at this time. Hurry up and negotiate with the bank to repay or make a repayment plan. Otherwise, you will face serious consequences such as having your credit blacklisted, being listed as a bad person, going to jail, and having to continue to repay your debt.

If you are unable to repay your credit card now, you can negotiate repayment with the card issuer. The maximum number of personalized installments can be 60! A couple of my friends have been overdue for several years. Some card issuers have also reduced part of the principal. Another friend has directly limited the credit because they changed their contact information. The main and ultimate goal of the bank is to recover the principal. Now the country has introduced With the passing of regulations, bank debt collection is no longer as exaggerated as before. If extremely exaggerated debt collection behavior occurs, keep evidence and file a complaint to the China Banking and Insurance Regulatory Commission!

As a credit card debtor, I would like to talk about my experience. I used to see my friends having credit cards.

I was very envious, so I applied for a CCB credit card, and the credit limit was repaid. Not bad, 18,000, and the cash withdrawal limit is 9,000. I was excited to have my first credit card in my life, and suddenly I didn’t know how to spend the money, because a friend of mine had won over 250,000 by playing Zhongfu Online, so I also I thought I would give it a try, but the reality was too harsh. This time my credit card overdraft was out of control. I borrowed online loans even though I didn’t have a credit card. All kinds of online loans, no matter how high the interest rate is, you only need to Just lend it to me, but the hole is getting bigger and bigger. In the end, all kinds of collection calls came as scheduled for overdue online loans. I was scared at first, but as the number of phone calls and text messages increased, I became numb. Then the only credit card I wanted to keep was gone. Overdue credit card collection is not as violent as online loans. Here is the process of overdue credit cards that I experienced:

In 1-6 months, staff from the credit card center will call to urge you. Repayment

The bank agreed with me to repay the loan in installments in 6-9 months {my card is from China Construction Bank}

As a result, after the installment was agreed upon, I failed to repay it again. Nearly three months have passed, and now there are only occasional calls from the law firm, and messages on the repayment date, but nothing else. It is still overdue, and we will wait for the latest progress. I'm telling you

I believe most banks are not willing to see overdue credit cards. If the credit card is overdue within two or three months, the bank will call to remind you. If the credit card is overdue for more than three months, it will be dismissed. Directly entrusting a third party to collect debts is basically a matter of threats and intimidation, so you can ignore them here. You don’t have the right yourself, and don’t let them affect your mood. The bank is not willing to sue you, because suing you requires cost and time. Even if you sue you, you must negotiate based on your current situation. As for others saying that you will be jailed. They are all just to scare you and ask you to repay the loan. First of all, you have to adjust your mentality and work hard to make money. When you have money in the future, negotiate with the bank. If you don’t agree, just delay. There is nothing to be afraid of. Life has to go on. Money will naturally come to you when you live. Come on, it won't matter when you look back and think about it later when you get through the hard times. come on ! For the future.

When the debtor is unable to repay the credit card, the bank will collect money from you. Let me tell you about the process of being collected.

1. After your credit card bill is issued, the system will remind you and ask you to pay the credit card bill directly, or suggest you to repay it in installments or the minimum repayment.

2. On the first day after the overdue credit card is not returned, you will normally receive a call from the bank. The initial calls they made to you were all in the form of inquiries. There is serious debt collection. Ask you why you were delayed and failed to repay in time.

3. Customer service with a stricter attitude, the overdue time is about 15 days, and you will be reminded that if you do not pay it back, it will be uploaded to the credit reporting system, which will affect your car or house purchase. Installment loans and other things.

For about a month, the customer service basically got straight to the point. They asked your name first. After I complained, I started talking loudly and used all my strength to scare you. Finally, I asked you to repay the money, and you refused to do so. I will tell you the impact when making the payment, and it will be uploaded to the credit reporting system. The most important thing is that the overdue time is too long. If you don't return it, you may even face prosecution.

5. If you are overdue for more than three months and the bank collects debt from you without any repayment, the bank will appoint a third-party company to collect the debt from you. After the third-party debt collection company takes over, the general routine is yes.

①. When you call him, he will tell you that he is not a debt collection company. His most important thing is to call you to ask about your situation, and then chat with you. Homely. I started to show that I know you don't have the ability to repay, so I don't plan to ask you to repay, but this is a requirement of the company and you must make a phone call, so everyone will do things according to the rules and hope you can cooperate with this kind of thing. After you finished cooperating with him, you hung up the phone, about thirty minutes later.

The other party will call you and tell you that based on the situation of your family, I have applied to the bank to repay you interest-free and you can also pay in installments. Now you only need to pay back the principal. For Wenji, you only need to pay 30% of the principal, and you don’t need to pay any subsequent interest. You only need to pay the remaining money in monthly installments.

Many people don’t know that this is actually the routine of the collection staff. When you put in the 30%, urge the staff, and his task has already been fulfilled by 30% here. From the money, he can already withdraw corresponding commissions. The commission rate is 25~35% of what the bank pays to the collection agency. He can get about 5 to 10% of his own money. With a simple phone call, he can earn about 1,000 to 2,000 yuan, which is really high.

Do you think this is over? When he completes 30% of the collection, they will send another collection person to collect on you. After their company receives this bid, it will never stop. Unless you have already paid back the money.

②. SMS deception method. When your credit card is overdue for a long time, in many cases you have rejected any calls, but your number is still in normal use, but you have turned on the interception function. That’s it, you can receive SMS and MMS messages.

The collection staff used high technology to find your number, the number you are currently using, and all the numbers under your name. They then sent a group message to your number separately. The content of the text message is roughly like this , so-and-so, your credit card has entered a serious overdue state. Now is the last opportunity for negotiation and the last opportunity for reduction. There will be no more in the future, if you agree to this reduction. Call him back immediately... When you call him back at this time, it proves that he has already succeeded more than half.

③. For the collection version of the lawyer’s letter, when it is overdue, a third-party company will use some technical means to send a MMS to your mobile phone. Once you accept it, the other party will receive it, your phone number. It is already being used. Of course, his lawyer's letter is fake, and he also sent a village committee letter to your workplace, your home address, and your village committee.

④. Phone bombing. When the collection agent receives your case, your phone is normal and can be answered. He will negotiate with you first. If you have a disagreement with him, After he hangs up, he will bombard your number, causing your number to explode instantly, as well as bombarding you with text messages. Many people can basically withstand the bombing of themselves, but if they bomb your relatives and friends, their relatives and friends will come to you. At this time, many people will not be able to withstand it.

The above classifications are ranked in no particular order, and debt collectors all act according to circumstances.

Under normal circumstances, the overdue period is about 6 months to 5 years. When the bank finds that the collection has failed, it will appoint a law firm to prosecute your case, but the chance is still It is relatively small, because it takes a lot of money, manpower and material resources to prosecute. After calculation, if they feel that your case is not worth prosecuting, they will still choose to continue collection.

Summary: The above is my personal experience, summarized experience, because I am personally unable to repay and have no choice. But I still hope that you will try your best to ensure repayment if you are able to repay it, and do not let yourself go overdue and end up being sued by the court.

Shaopuhui is overdue, Sunshine Insurance and Dadi are overdue. Now they are bankrupt and life is a problem. They call every day to remind them. What should I do?