1.5 million credit card debt self-help method

1. Reduce expenditure and increase income: it is recommended that cardholders remember the words "open source and reduce expenditure". No matter how big the credit card bill is, there is an end. Cardholders need to reduce their current expenses as much as possible and find ways to save more money for repayment. If you can spare some time to do part-time or sideline work, you'd better increase your income.

2. Negotiate repayment: If the cardholder has reached the point where he can't bear the repayment responsibility at all, the cardholder can also call the bank to inform him of his current situation and ask him to negotiate repayment with the bank before the repayment date comes.

3. Ask for help from relatives and friends: Many cardholders avoid talking about it, fearing that they will be scolded by relatives and friends when they find that they are unable to pay the bill. Actually, this is not right. You should voluntarily confess your debts, then borrow money from friends and relatives, pay off the credit card bill first, and then find ways to make money and pay it back slowly.

4. Control consumption desire: Many people are prone to impulsive consumption, unrestrained and excessive consumption, so we must first control our consumption desire and consume reasonably. You know, the money owed to the credit card will eventually be paid back. We should re-plan our living expenses according to our actual economic situation and control the overdraft limit within our repayment ability.