How to negotiate installment when ICBC credit card is overdue and how to negotiate repayment of principal by installment when ICBC credit card is overdue.

1. How to negotiate installment for ove

How to negotiate installment when ICBC credit card is overdue and how to negotiate repayment of principal by installment when ICBC credit card is overdue.

1. How to negotiate installment for overdue ICBC credit cards?

1. If it is necessary to negotiate installment after maturity, the cardholder should first apply to ICBC for installment repayment, and truthfully explain the specific reasons for the overdue credit card, such as unemployment, bankruptcy, serious illness, etc. During the period, provide relevant information as required by the bank, waiting for the bank to review.

2. If the bank is approved, the cardholder can negotiate installment repayment and make a personalized repayment plan. However, if the cardholder is overdue for no special reason, the general bank will not agree to negotiate installment repayment. In order not to be regarded as malicious overdue, only the minimum repayment amount can be paid first every month.

2. What should I do if the overdue interest on ICBC credit cards is too high?

1. If the cardholder's debt exceeds the current repayment ability, he can apply to the bank to stop paying interest. First of all, you need to express your positive willingness to repay to the bank to avoid thinking that the cardholder has malicious overdraft behavior. After that, you need to prove your current financial difficulties and then negotiate with the bank.

2. Proof of economic difficulties can be issued by village committees, neighborhood committees and other places. Stamp or institutional signature has legal effect. The cardholder can ask the bank to reduce the interest on the arrears, which can be paid off in 60 installments in five years at the longest. After having the proof of financial difficulties, the cardholder can take the initiative to contact the bank and negotiate for repayment.

3. How long does it take for ICBC's credit card to resume credit reporting?

1. Under normal circumstances, after the cardholder's overdue records are uploaded to the central bank's credit information system, the bad records will be kept in the credit information report for five years. The five-year period starts when the arrears are paid off. If the arrears have not been paid off, it is impossible to resume credit investigation.

2. Don't cancel your credit card immediately after overdue repayment. Instead, we should insist on using the card for more than two years and maintain good credit during this period. Using the rolling mechanism of the bank, the bad records in the credit information system are covered with new good records.

Special circumstances can click the consultation button on the right. The website provides professional lawyers to answer questions, help you solve the repayment problem and let you return to your normal life.