National interest rate suspension and debt suspension policy

1. What are the national interest rate suspension and debt suspension policies in 2022

1. China Merchants Bank will not reduce or reduce penalty interest and liquidated damages, and the current arrears The installments can be divided into 36-48 installments, and collection activities will be stopped;

2. Shanghai Pudong Development Bank will reduce or exempt part of the penalty interest and liquidated damages, and the installments can be divided into 36-60 installments;

3 , Minsheng Bank, which requires a down payment of 10%, and is exempted from some or all of the penalty interest and liquidated damages, which can be divided into 48-60 installments;

4. China CITIC Bank, which requires a down payment of 5% to 10%, and is not exempted from the penalty interest. and liquidated damages, which can be divided into 48-60 installments;

5. China Guangfa Bank does not exempt penalty interest and liquidated damages, but has some handling fees, which can be divided into 24-36 installments;

6. China Construction Bank, 30% down payment, divided into 48-60 installments, no other handling fees.

2. Will there be credit stains after applying for suspension of interest payments?

Yes, there will be credit stains. This is because if the user repays the loan on time after applying for an interest suspension, it will leave a record on his credit; if the overdue situation occurs after applying for an interest suspension, it will directly affect the credit. Moreover, in many cases, suspension of interest payments can only be applied for when the payment is overdue.

Bank interest suspension is for users who fail to repay principal and interest in accordance with regulations. The bank temporarily stops calculating interest and places the remaining arrears on account. Therefore, generally, users who successfully apply have already been overdue, so there will also be overdue records on their credit records, which will definitely have an impact on their credit.

3. Will suspension of interest and suspension of accounts affect the use of other credit cards?

Suspending and suspension of accounts on a credit card will affect the use of other credit cards.

If the user repays the loan on time after applying, the suspension will only affect the user's application for limit increase and other operations. If the user still fails to repay the loan on time after applying for suspension of payment, resulting in overdue payment, then other credit cards under the user's name will be reduced.

Usually, the suspension of credit card interest rates affects the increase or decrease of the credit limit, or the management after the loan. If you don’t want your credit card to be reduced, you’d better make your repayments on time and avoid overdue payments again.

The above is the relevant content about the national suspension of debt suspension policy. Do you all understand it clearly? Regarding suspended interest payments, although it can solve the current repayment problem well, the impact of overdue payments will still be there, so there is no absolute good thing. If you want to avoid this situation, you can only make repayments on time. When using credit cards, you should also follow your own abilities and don't spend excessively. Can interest and liquidated damages be waived if interest rates are suspended? What you need to know about suspended interest rates and pending accounts

;? Loans are a relatively common phenomenon for modern people. In addition to applying for loans to purchase houses and cars, some users also need loans to support their daily consumption. When someone's loan is overdue, they will want to apply for an interest suspension. Can interest and liquidated damages be waived if interest rates are suspended? Everyone needs to know these things about suspending accounts!

Can interest and liquidated damages be exempted if interest rates are suspended? When a borrower is overdue, he goes to the bank to apply for an interest rate suspension, which is actually an application for "personalized installment service." The so-called personalized installment service is actually to customize a repayment plan for some borrowers with special circumstances, stop the calculation of interest, stop collection, extend the installment time, and no longer roll over the overdue time, etc. In general, suspending interest rates and hanging accounts does not mean that interest and liquidated damages will no longer be charged, but that interest and liquidated damages will be appropriately reduced from the moment of negotiation. If the borrower can apply properly with the bank, the penalty may be waived. But not everyone can successfully apply for an interest suspension. They need to wait until the borrower is overdue for more than 3 months, and the bill has exceeded their repayment ability. They must also prove that they are not malicious in overdue, but there is no way to solve the current financial difficulties. Repayment is required before application can be made. And if the borrower's income is very unstable, ranging from a few hundred to several thousand yuan a month, the bank will not agree to negotiate repayment. The prerequisite for banks to accept suspension of interest payments is that the borrower has special circumstances, has good willingness to repay, and has a stable income.

The above is the sharing of relevant content on "Can interest and liquidated damages be exempted from interest suspension?" I hope it can help everyone! I applied for a credit card and paid off half of the credit card. Now that I have money, I pay back all of it. Are there still any handling fees?

If the credit card has been suspended, interest and liquidated damages will no longer be charged, and there will be no other handling fees, so no handling fees will be charged in the situation you mentioned.

According to Article 70 of the "Regulations on the Supervision and Administration of Credit Card Business of Commercial Banks": Under special circumstances, it is confirmed that the amount of credit card debt exceeds the cardholder's repayment ability and the cardholder is still willing to repay. , the card-issuing bank can negotiate with the cardholder on an equal footing to reach a personalized installment repayment agreement, which is actually a suspension of interest payments.

Suspension of interest means that when a credit card holder is unable to repay the card after the card is overdue, the cardholder and the bank will reach a new, personalized installment repayment agreement to transfer the fixed limit and temporary limit in the card. As well as the reserve fund, it is a way to restructure the debt, re-install it again, and repay the debt on time every month.

Suspension of interest and suspension of accounts is equivalent to stopping interest and repaying the principal in installments. The maximum period can be applied for 5 years.

According to Article 70 of the Credit Card Supervision and Administration Regulations, you can apply for a suspension of debits if the following four points are met:

Condition 1. The cardholder is willing to repay;

Condition 3: The cardholder has overdue and is unable to repay the debt in one go;

Condition 4: The cardholder has If the cardholder wants to return to a normal living environment, stop the collection call and does not want to be executed;

Bank account suspension means that the borrower fails to repay the principal and interest of the loan on time for some reason, and the bank suspends the accounting processing of interest calculation on schedule. The outstanding loan balance and interest are left on the books (that is, pending) for later processing.

After the borrower obtained the loan, he failed to repay the loan on the agreed repayment date. Due to internal or external factors or reasons of the bank, the loan and interest will not and cannot be repaid in the short term. In order to manage or process If necessary, the loan balance will no longer be accrued interest, but the loan principal balance and previously accrued and unpaid interest will still be recorded in the name of the original borrower.

If you are unable to pay off overdue bills in a short period of time, do not want to face a large number of collections, and can accept the consequences of negotiated repayment. It is recommended that you contact the card issuing bank as soon as possible to apply for negotiated repayment to avoid some negative consequences caused by long-term overdue payment.

The most important point is, whether you can handle this overdue situation or not, please don’t lose contact and answer the bank’s collection call. Although it will affect your mood, answer it appropriately. The caller ID will show that it is from the bank. The phone number is still necessary.