Can China Merchants Bank's lightning loan be postponed?

how to handle the interest on overdue lightning loans? Only in this way can we go ashore as soon as possible

; ? Lightning loan is a personal consumption credit loan launched by China Merchants Bank, which does not need mortgage guarantee and can be handled directly through channels such as China Merchants Bank's mobile banking. As a bank loan, once the lightning loan fails to repay the loan on time, it will generate penalty interest, and the interest will be more serious if it is not handled in time. So how to deal with the interest when the lightning loan is overdue? Here is a brief introduction for everyone.

how to handle the interest on overdue lightning loans? Everyone should know that there is no grace period for lightning loan, and you can't apply for deferred repayment. If the system fails to deduct money on the repayment date, the borrower must manually handle emergency repayment through self-service voice, professional version, mobile banking, public version and other channels before 23: that night. Otherwise, the lightning loan will be overdue if the repayment is not successful at 24 o'clock on the night of the repayment date. Penalty compound interest will be calculated for the overdue part of the lightning loan, and the penalty interest rate will rise by about 5% according to the execution interest rate. See the loan contract for the specific proportion. The borrower can follow the formula: default interest = overdue principal * default interest rate * overdue days; Compound interest = overdue interest * default interest rate * overdue days, and calculate the actual interest to be paid. Because penalty interest and compound interest are calculated on a daily basis, the longer the overdue period, the more interest will roll. If the borrower doesn't want to increase his debts, he must pay off the principal to be repaid and the expenses incurred in one lump sum, so as to settle the overdue debts and stop the interest increase. If the overdue period is less than 9 days, the borrower can make repayment through online banking/mobile banking and other channels. If it is more than 9 days, it may be necessary to go to the counter to make repayment. Note that if there are a lot of overdue compound interest, the borrower can't pay it at one time but doesn't want to continue to accrue interest. You can take the initiative to contact China Merchants Bank to see if you can negotiate repayment and reduce some interest. The above is the relevant introduction of "How to deal with the overdue interest of lightning loans", hoping to help everyone. China Merchants Bank's lightning loan is really unable to repay it now. Can you negotiate the repayment method with China Merchants Bank?

If the loan handled by China Merchants Bank is unable to repay the loan now, you can negotiate with the bank to repay it, as long as you explain your actual situation and then ask for an extension of repayment.

credit card repayment (including e-installment) has a grace period of 3 days (no need to apply), and the delay in paying off the bill or the minimum repayment amount within 3 days from the repayment date will not affect your credit history. For example, the final repayment date is the 5th, and it is normal to delay repayment for 3 days until 24: pm on the 8th of that month.

Tips

1. Repayment of China Merchants Bank's credit card through transfer from other banks is recommended to be done 1-2 days in advance, and the time limit for account payment is noted.

2. Full repayment will not generate fees, while minimum repayment will generate interest fees.

3. It is suggested to directly call the customer service hotline of the credit card center for detailed consultation on repayment negotiation.

1. Negotiate repayment

The personal impact of the epidemic is obvious to all. Factories closed down, workers lost their jobs, their income fell, their debts were overdue and they were collected. Although it is difficult to negotiate repayment, in fact, such examples are not uncommon. Taking bank credit cards as an example, there are usually two results in successful negotiation repayment: one is deferred repayment, that is, the unpaid amount of the current bill is postponed to the next bill; The other is to stop the interest and hang the account, which stops the overdue amount and re-installments, with the number of installments ranging from 6 to 6. At present, all major commercial banks, such as China Merchants Bank, Industrial and Commercial Bank, Agricultural Bank, Bank of Communications, Shanghai Pudong Development Bank and Industrial Bank, have related negotiated repayment policies.

second, overdue negotiation repayment skills

1. Negotiate with a lender

Take the initiative to find a bank to provide relevant supporting materials to prove that you are willing to repay, but for some reasons, you really don't have the repayment ability at present. Poverty certificate, hospitalization certificate and unemployment certificate are all acceptable.

2. Ask a third party for help

In the case of sincere attitude of active negotiation and sufficient, true and effective information, the bank or other platforms still refuse to negotiate repayment, or the bank kicks the ball and refuses to give a substantive solution. Then the user can complain to the local banking regulatory bureau or call the Banking Insurance Regulatory Bureau for help (12378). According to Article 7 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks: under special circumstances, if it is confirmed that the amount owed by the credit card exceeds the cardholder's repayment ability and the cardholder still has the willingness to repay, the issuing bank can negotiate with the cardholder on an equal footing to reach a personalized installment repayment agreement. What does it mean that China Merchants Bank's lightning goods are delayed for half a year?

A small loan product called China Merchants Bank's lightning loan is very concerned by shopping malls. Many friends want to ask for a loan turnover from the lightning loan when they need funds, but not everyone has enough funds. So can China Merchants Bank's lightning loan be postponed? Look at the rules below.

China Merchants Bank's lightning loan cannot be deferred. There will be no buffer period for China Merchants Bank's lightning loan. After the customer has applied for the loan, it must be repaid before the repayment date expires. Otherwise, even in loans overdue, the customer will have to bear more severe overdue results after the lightning loan in loans overdue.

lightning loan is a credit product issued by China Merchants Bank, which attaches great importance to customers' repayment of loans. Therefore, once loans overdue fails to repay the loan, customers need to bear the following adverse effects:

1. Personal credit information will be damaged.

2, will be dunned by the bank.

3. There will be overdue interest.

4. The credit line of lightning loan will be frozen or reduced.

5. The bank will rule customers to settle the loan application in advance.

6. It is not conducive to other credit theme activities in the future.

7, malicious overdue will be prosecuted.

8. Damage to the use of other products of the bank.

9. Will be blacklisted by the bank.

Therefore, under normal circumstances, it is very important for customers to keep a stable loan repayment record. Assuming that customers feel that they have work pressure to repay loans, they need to be steady in handling loans, and don't blindly ask for loans to increase their debt ratio.