The loans overdue record caused by your personal reasons is irrevocable. The publicity period of overdue records in personal credit reports shall be implemented in accordance with the relevant provisions of the People's Bank of China.
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[img] What should I do if my credit card is temporarily overdue?
You can negotiate interest-free installment payment with the bank. 1. Prepare materials to prove the cardholder's liabilities and income, and submit them to the bank, usually the credit report and income certificate issued by the company or unit, which proves that the cardholder has stable repayment ability. 2. Make a specific and reasonable repayment plan. If the bank or collection company collects the money, it will repay the money as planned on the premise of repayment ability. Malicious overdraft refers to the behavior that the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and refuses to return it after being urged by the issuing bank.
What should I do if my credit card is overdue?
Negotiation. The cardholder can contact the issuing bank by phone to discuss the repayment channel and specific repayment amount of overdraft; 2. authorize the agent ad litem to deal with the bank. If it is a bank, the cardholder may entrust an agent ad litem to handle litigation matters; 3. Being enforced by the people and blacklisted. If the cardholder is unable to repay, it will be enforced.
Legal basis: Article 120 of the Civil Procedure Law of People's Republic of China (PRC) submits certificates to the people according to the number of defendants. If it is really difficult to write a written statement, you can make an oral statement, and the people will record it in the transcript and inform the other party.
1, overdue for more than 90 days, if the circumstances are serious, it can be regarded as malicious overdue, and bank collection may also cause life pressure on oneself and family, affecting the normal life of individuals and families;
2. In terms of overdue fees, there will be some fees such as liquidated damages and penalty interest, which need to be collected according to the contract. Different institutions and different loan products charge different liquidated damages or penalty interests;
3. It has an impact on personal credit records, and bad credit records have become obstacles to loans such as mortgages and car loans and credit card processing in the future.
Legal basis: Article 188 of the Civil Code of People's Republic of China (PRC).
The limitation period for requesting protection of civil rights from the people is three years. Where there are other provisions in the law, those provisions shall prevail.
The limitation period of action shall be counted from the date when the creditor knows or should know that the right is damaged and the debtor knows it. Where there are other provisions in the law, those provisions shall prevail. However, if more than 20 years have passed since the right was damaged, people will not protect it. Under special circumstances, the people can decide to postpone the time according to the application of the obligee.
How to deal with the penalty interest of credit card?
If the credit card is overdue due to unemployment or illness, you can take the initiative to contact the bank, explain the overdue situation, show that you are not maliciously defaulting, and then apply for deferred repayment. After the general bank agrees, it can cancel the liquidated damages. After the general credit card is overdue, the bank staff will tell you that there is a penalty. If you fail to fulfill your obligations, you have the right to apply for cancellation of punishment.
Credit card loans overdue will not only cause overdue interest, but also continue to upload loans overdue records to the central bank's personal credit information system, which will affect personal credit information. Once a person has a bad record, it may affect all aspects of his daily life in the future. The most direct thing is that the loan application will basically not be allowed. Therefore, when using credit cards, we must cultivate good repayment habits and repay in full and on time. That's what happens when credit cards are overdue.
Impact of overdue:
1. If the payment is overdue for more than 7 days, the bank will classify the loan as "dunning" and "deferred payment", at which time the user must pay the tax late fee or overdue interest;
If you don't pay for more than three months, it will be very serious. Lenders will be marked with bad personal credit records in the joint credit information center, alias "credit blacklist", and it is likely to be kept for more than three years;
3. As long as you enter the credit blacklist, mortgage and car loan will be affected. Overdue interest is only a financial loss, and poor personal credit record is a loss of inventory, and its influence is irreparable by money.
Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.
The credit card stipulated in the relevant laws of our country (Interpretation of the Provisions of NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc. 20 17 12 1 The English Translation and Writing Standard for Public Service was formally implemented, which stipulated that the English name of CreditCard was Credit Card.
Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when spending, and repays on the bill date.
Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.
From the date of 202 1 1 1, the credit card overdraft interest rate is determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate is cancelled (the original upper limit is 0.7 times of the daily interest rate, and the lower limit is 0.7 times of the daily interest rate).
On May 25th, 2002/KLOC-0, the Supreme People promulgated and implemented the Provisions of the Supreme People on Several Issues Concerning the Trial of Civil Cases of Bank Cards.
How to refund the credit card penalty?
Call the bank customer service first and ask for a refund of the liquidated damages, but only if you have paid off the arrears and successfully applied for cancellation of your credit card.
Second, the general bank staff will say that it cannot be handled directly, and ask the cardholder to contact the local branch for consultation.
Third, when applying for refund of liquidated damages, cardholders must be tough. Under normal circumstances, customer service will agree.
The premise of interest reduction is that the cardholder has a "strong" willingness to repay, but due to objective reasons, he can't repay in full and on time! Interest reduction and exemption can only be handled after the cardholder applies, the bank agrees and the leader reviews.
Liquidated damages refer to a certain amount of money paid by a party to a contract for its breach of contract when it fails to perform or improperly performs the contract. Liquidated damages are generally divided into punitive liquidated damages and compensatory liquidated damages, both of which belong to the category of security interests. In terms of the amount limit, if the parties agree on liquidated damages, they shall pay the liquidated damages according to the agreement. However, if the above losses need to be appropriately reduced or the following losses need to be appropriately increased, the liquidated damages included in the scope of guarantee shall be subject to the amount finally determined by the people or the arbitration institution. The subject matter of liquidated damages is usually money, but the parties may also agree that the subject matter of liquidated damages is other property than money.
Definition:
Liquidated damages refer to a certain amount of money paid by a party to a contract for its breach of contract when it fails to perform or improperly performs the contract. Liquidated damages are generally divided into punitive liquidated damages and compensatory liquidated damages, both of which belong to the category of security interests. In terms of the amount limit, if the parties agree on liquidated damages, they shall pay the liquidated damages according to the agreement. However, if the above losses need to be appropriately reduced or the following losses need to be appropriately increased, the liquidated damages included in the scope of guarantee shall be subject to the amount finally determined by the people or the arbitration institution. The subject matter of liquidated damages is usually money, but the parties may also agree that the subject matter of liquidated damages is other property than money.
This concludes the introduction of how to deal with credit card default and how to deal with bank credit default. I wonder if you found the information you need from it?