Credit card becomes a bad debt, which means that the cardholder's credit card has long-term unpaid bills, and the bank defaults that the bills cannot be recovered but does not give up the right to recover them, so it is recorded as a bad debt. What does it mean for credit cards to become bad debts? The following is a detailed answer from Network Bian Xiao. 1. What does it mean that credit cards become bad debts? It means that the cardholder's credit card has a long-term unpaid bill, and the bank defaults that the bill cannot be recovered but does not give up the right to recover it, so it is recorded as a bad debt. If there is a bad debt record on the cardholder's credit information, it means that the cardholder is basically unrelated to other credit businesses of the bank. Among all the bad credit records, bad debts are a serious situation. If the cardholder does not deal with them, the bad debt record will accompany the cardholder's life. Cardholders are advised to repay the principal and interest as soon as possible. Second, can credit card bad debts be negotiated to repay the principal? For credit card bad debts, it is difficult to negotiate with banks to repay only the principal, and banks generally do not agree easily. After all, the overdue penalty interest of credit cards is calculated and charged at the interest rate of five ten thousandths per day. The interest rate is compliant and the fees are reasonable, so customers can't refuse to pay without reason. Of course, if the negotiation on repayment of the principal fails, the customer can try to apply for suspension of interest payment. If the application is successful, the arrears will no longer bear interest (the previous interest has been recorded and still needs to be repaid); And you can try to apply for an extension of the repayment period and repay the arrears in installments. We also need to note that if the credit card is overdue for a long time and the amount owed is large, some banks may consider reducing the interest and penalty interest as appropriate in order to recover the money as soon as possible. Also, bad credit card debts are not necessarily caused by overdue debts, but may also be caused by excessive repayment. As for the credit card bad debts caused by overpayment, customers only need to withdraw the overpayment quickly, and then the credit card bad debts will be eliminated naturally. The above is the related content compiled by Bian Xiao. The credit card has become a bad debt, which means that the cardholder's credit card has a long-term unpaid bill. In the case of fruitless collection, the bank defaulted that the bill could not be recovered but did not give up the right of recourse, so it was recorded as bad debt. If you have other needs, please do one-on-one legal consultation online.

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Article 71 of the General Principles of Loans: In any of the following circumstances, the lender will charge interest on part or all of its loans; If the circumstances are particularly serious, the lender shall stop paying the unused loan of the borrower and recover part or all of the loan in advance: 1. Failing to use the loan for the purpose specified in the loan contract. Second, the use of loans for equity investment. Third, engage in speculative business with loans in securities and futures. Four, the borrower who has not obtained the qualification of real estate business according to law uses the loan to operate the real estate business; Borrowers who are legally qualified to operate real estate engage in real estate speculation with loans. Five, not according to the provisions of the loan contract to pay off the loan principal and interest. 6. Borrowing money from each other to obtain illegal income.