1. What about non-performing credit card loans?

There are bad debt records in the credit information, and users cannot apply for loans. Users can only apply for loans after bad debt records are deleted. Bad debt record is an upgraded version of overdue record. Only seriously overdue records will become bad debt records, and users will pay off overdue debts. Then the bad debt record, like the overdue record, will be kept in the credit information for 5 years from the date of repayment, and will be automatically deleted after 5 years.

Therefore, when there is a bad debt record in the credit report and the user has paid off the overdue debt, the user can borrow money after deleting the bad debt record. However, if the user fails to pay off the overdue debts, the bad debt record will remain in the user's credit information, which will form a credit information stain in the long run and the user will not be able to handle any credit business.

Second, how to deal with credit card bad debts?

1, bad debts caused by overpayment

If it is a bad debt caused by overpayment, it is relatively simple to deal with. The cardholder only needs to withdraw the overpayment from his credit card and cancel the credit card.

2. Bad debts caused by annual fees

Bad debts caused by the annual credit card fee need to be paid off by the cardholder before the account can be closed.

3. General treatment of bad debts

In general, the first step to deal with bad debts is to pay off the debts, and then the cardholder needs to go to the marketing account to deal with them after paying off his debts. It should be noted that if the bad debts are not written off, the bad debts recorded in the cardholder's credit record will not be eliminated.

Third, will bad debts increase interest?

If the arrears turn into bad debts, interest will be charged. As long as it is overdue for one day, the accountant will charge one day's interest until the customer pays it off in full.

The more customers delay repayment, the more interest they will generate, and the more money they will pay back, the greater the repayment pressure will be. Therefore, customers should pay off their debts as soon as possible after using credit cards or loans overdue. Even if it turns into bad debts, as long as there is more money in hand, it is necessary to pay off the bad debts in time.

Bad debt records in personal credit information will not only affect the cardholder's future loan application, but also affect the cardholder's normal life. Therefore, if the cardholder uses a credit card, he must repay it on time. If you are temporarily unable to repay due to financial difficulties, you can negotiate a repayment plan acceptable to both parties with the bank, or borrow money from relatives to repay the arrears.