I owe my credit card and have no money to pay it back. What should I do if I receive a text message telling me to turn myself in to the Public Security Bureau?

Nowadays, many people use credit cards. Credit cards also bring a lot of convenience to our lives. Everything has two sides. Many people use credit cards at first to understand their urgent needs. With more and more choices of early consumption, many people who have no money will choose credit cards to solve it. But some people use their credit cards too much, but in the end they are faced with the situation that they can't afford it. How to deal with overdue credit cards?

As we all know, overdue credit cards will generate a certain penalty interest, and the corresponding records will also enter the central bank's credit information system, and even constitute a crime. Nowadays, many people will try their best to solve the problem when they find that their credit cards have not been repaid, and they don't want the phenomenon of overdue repayment. The consequences of overdue credit cards are still quite serious. Not only will the bank charge a certain amount of overdue interest, but I may also face the risk of card suspension. It is unlikely that you want to go to another bank to apply for a credit card, and your personal credit information will be tainted.

If the bank does not receive the arrears, it will not choose to give up the recovery, and users will also face the following consequences.

Generate late fees

If the credit card is overdue, the bank will charge a late payment fee at the daily interest rate of 0.05% and compound interest on a monthly basis, which means that if the user is overdue for a longer time, the final cost will be more and the pressure will be greater.

Face prosecution and fines

When using credit cards, you should know that if your credit card debt is as high as 1000 yuan, and the bank has not made any repayment after repeated collection, it will be judged as malicious overdraft, and eventually many people may face the suspicion of credit card fraud. Imprisonment is the final result, and even they will face huge fines. Overdraft 10000 to 10000 may face imprisonment of less than five years, and 10000 to 10 may face imprisonment of five years.

Be collected

There will be a collection message at the beginning of overdue repayment, which only plays a role of reminding. If it is overdue for more than 90 years, the bank will have professionals to call the company or residence directly. If the repayment is not made for more than half a year, the bank will choose to apply for court assistance and directly sue for repayment.

If the credit card is not paid, we can also take some measures to reduce the chance of adverse consequences:

Minimum repayment amount

Credit card repayment, like a flower shop, can choose the minimum repayment amount. As long as the cardholder can make the minimum repayment on the repayment date, it will also be regarded as normal repayment. Although it is likely to accumulate in the future, it seems a good choice to solve the immediate problems first.

Apply for deferred repayment

Although some people can't pay off on the repayment date, they can repay soon afterwards, so they can also choose to contact the bank customer service and postpone the repayment date. Others say that if you can't pay back your credit card and deposit one yuan or a little money into it every month, the bank can't sue. I don't know if it seems true, but let's not try this behavior.

There are many people using credit cards now, so we should combine our own situation and don't overspend.