1. What is the overdue processing scheme of China Merchants Bank's credit card?

After the credit card of China Merchants Bank is overdue, there is money to pay back the money. It is not clear how much it is. Naturally, it is to negotiate personalized installment or delay repayment.

If you have the ability to pay off your debts, it is naturally good to pay them off directly, so that you can recover your credit information faster and avoid extra installment fees. If you can only pay part of it back, pay it back first to show your sincerity. China Merchants Bank regards your down payment as sincere money, and then it will be easier for you to negotiate.

The so-called personalized installment is applied when you are unable to repay the arrears. If there is not much money left, it is better to ask your family for help directly, or apply to China Merchants Bank for deferred repayment. If you owe a lot of money, you have to have special difficulties.

You can negotiate with the bank to stop payment by stages with unemployment certificates, medical records and other difficult certificates, and pay it back after five years at the longest. During the negotiation, we should pay attention to expressing our positive willingness to repay, and explain in detail the reasons for overdue, economic difficulties and current income.

2. How can China Merchants Bank negotiate to reduce interest and liquidated damages when its credit card is overdue?

Sometimes overdue is not handled early. After several months of accumulation, your credit card has generated a lot of interest and liquidated damages. Everyone just wants to pay back the principal. Banks are not for charity. Even if you are overdue for one and a half years, you will be exempted from interest.

However, it is not impossible to reduce loans. Everyone took the initiative to negotiate with China Merchants Bank, explaining why it took so long to pay back the money, applying for repayment through negotiation, and reducing interest and liquidated damages. Next, it's time to prepare the materials. If you only have a small amount of bad debts and take the initiative to repay them after many years, China Merchants Bank is more likely to let you only repay the principal.

If the debt is too large, valid proof materials should be submitted, including irresistible factors, such as epidemic unemployment, bankruptcy, major family changes, serious illness and poverty. If you have enough materials in this field, you may get sympathy and recognition from China Merchants Bank.

But the final decision is still in the hands of China Merchants Bank. If the application fails many times, there is no way to reduce the penalty interest or pay off the principal and interest. After all, procrastination is not good for you.

3. How long can China Merchants Bank credit card file a lawsuit?

Generally speaking, after the user is overdue for 3 months, China Merchants Bank may file a lawsuit. But in reality, there are many people who have been sued for more than half a year overdue, because time is only one of the standards, and China Merchants Bank will also see if you have the intention to pay back the money voluntarily.

This willingness to pay back money is not only reflected in the bank's call for collection, but also in your actual actions. Do you take the initiative to pay back part of it every month, even if it is only one or two thousand?

For users who have a strong willingness to repay or have been actively repaying, China Merchants Bank will not bother to sue for the time being. As for those friends who evade collection and don't answer the phone, or those who wait for interest every month and pay back the money without mercy, China Merchants Bank will certainly not show mercy.

Don't worry about overdue debts. One-on-one legal affairs will work out a solution for you.