With the widespread popularity of credit cards, more and more young people or business friends are using credit cards, but while credit cards bring advanced consumption convenience, they also make many friends in debt unable to extricate themselves, and credit cards are really a double-edged sword.
After the impact of the epidemic and natural disasters in the past two years, many friends are more or less facing an economic crisis. Now that incomes are falling, it could easily lead to a full-blown explosion of debt. How should we deal with these debts at this time?
Credit card or online loan, which should be prioritized?
Without a doubt, it is definitely a priority for bank credit cards!
Compared with other online loans, credit cards have a higher probability of being sued. If it is overdue for more than 3 periods, that is, 3 months, there will be a probability of being sued by the bank, and once you go to court, you will face the title of dishonest person. In addition to the deduction of assets under the name, it also has a great impact on the future travel life.
The vast majority of online lending platforms basically do not file lawsuits, because litigation has the lowest interest for them, and many platforms that exceed the interest set by the state will not be filed by the courts.
Therefore, on this issue, the priority of credit card processing is higher than that of online lending platforms.
What kind of problems will you face after the deadline?
First of all, the most important thing is to contact you with collection calls and text messages.
1. The exposed address book. When you are overdue for a long time, the borrowing platform may contact your emergency contacts or your relatives and friends.
2. Door-to-door investigation. Generally, it is just an ordinary door-to-door evidence collection to prove whether you are in the situation you described.
3. Finally, there is litigation. In the case of litigation, it is basically the last link, and after the judgment, you will apply to the court for enforcement and enforce the assets in your name.
What should we do after the deadline?
1. First of all, we must face the current problem, we can't choose to escape, we can't pretend to disappear and lose contact all the time, this is the most unfavorable way for us.
2. Recordings and screenshots must be saved for collection calls and text messages after the deadline to prevent malicious collection from occurring, which can be used as favorable evidence.
3. Whether it is a credit card or an online loan, you must actively negotiate and communicate with the lender after the overdue period to explain your current situation and the repayment pressure you can currently bear.
Of course, the most important thing is that we must have a stable income to ensure that we still have the ability to repay, which is the most important thing.