Excuse me, can China Bank negotiate repayment if its credit card is overdue?

If the credit card of China Bank is overdue, it should be negotiable. As long as you communicate with the credit card center in time and apply for installment repayment or deferred repayment, it should be approved.

1. Actively contact the bank to negotiate repayment. If the user has a credit card balance, the bank will not take the initiative to negotiate with the user, but will only remind the repayment by SMS or phone. Therefore, if you want to negotiate, the repayment user must take the initiative, and it is better to negotiate before the deadline, which is easier to succeed.

2. Sincere attitude indicates that it will be repaid after negotiation. Be sincere. Be sure to tell the bank that he is not maliciously overdrawn, and explain to the bank that the current economic situation means that you can't repay in time at present, but you have work income, and you will try your best to raise money to repay and see if you can get a repayment plan acceptable to both parties.

3. Always keep relevant evidence. Whether it is negotiating repayment with the bank or violent collection, keep relevant evidence and feed it back to the bank. It is said that the success rate of negotiation will be higher, but the premise is that users should maintain a civilized and friendly attitude.

Many overdue whites may not know much about "pause". Today, Bian Xiao will give you a detailed explanation here. In fact, "suspension" should be "personalized staging" accurately, and the bank has not stopped hanging. Article 70 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks stipulates that under special circumstances, if it is confirmed that the amount of credit card arrears 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 and reach a personalized installment repayment agreement. The maximum term of personalized installment agreement shall not exceed five years.

If both parties reach an agreement and sign an installment repayment agreement, the card issuing bank and its card issuing service institution shall stop collecting money from the cardholder, unless the cardholder fails to perform the installment repayment agreement. If an oral repayment agreement is reached, the issuing bank must keep the filing materials. Records should be kept at least until the date of payment.

Despite this provision, the cruel reality is that banks will not easily meet these requirements. The above stipulation is that "banks can negotiate with cardholders on an equal footing", so the initiative is in the hands of banks, and banks may not negotiate with you. Of course, if handled properly, most banks can negotiate.

What should we do to negotiate?

In fact, as long as it is within the prescribed scope, "under special circumstances, if it is confirmed that the amount owed by the credit card exceeds the cardholder's repayment ability, the cardholder is still willing to repay."

I. Special circumstances

For example, in special circumstances such as hospitals, unemployment, natural disasters, business failures and fraud. But it doesn't mean that the nozzle can. Banks should pay attention to the evidence, so you should prove it to the bank in special circumstances.

2. Confirm that the credit card debt exceeds the cardholder's repayment ability.

This means that due to the special circumstances beyond personal repayment ability, the current income is not proportional to the liabilities. For example, the credit debt is 6,543,800 yuan, and the monthly income is only 3-4,000 yuan. There is no way to repay this debt in the short term. Please provide your income certificate or payroll to the bank.

3. The cardholder still has the willingness to repay.

How can I prove my repayment intention? Don't lose contact after the deadline, let the bank contact you and pay back some money more or less every month, which is the most effective proof of repayment intention, not malicious overdue. Even if it is overdue, you should give the bank a reasonable explanation and let it accept it.

Ask for help if necessary

Such as mediation centers, consumer insurance, professional consulting institutions, etc.

If a personalized repayment agreement is reached with the bank, it must be repaid on time according to the agreed amount every month, otherwise the personalized repayment agreement is invalid and the bank can go through legal procedures directly.