First, if you pay it off in one lump sum, then most banks can help you reduce it.

Yes, most of the interest and liquidated damages generated during the overdue period can be reduced, and even some banks can only repay the principal, but some banks have tight policies and some have little reduction.

Second, if it is settled: just say what was the reason for the overdue before. Now I want to negotiate to pay off the debt at one time, and I can raise some money by patchwork. I hope your bank can help me to apply for relief of overdue interest and liquidated damages. If there is no reduction, I can't get that much here. I hope your bank can help me apply. Thank you for your trouble.

Third, if you can't pay in one lump sum, you can also apply to stop paying in installments if you have the ability to repay in installments. Banks with good policies also have the opportunity to repay the principal in installments.

4. According to Article 70 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 repayment ability of the cardholder 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 longest term of personalized installment repayment agreement can be divided into five years.

Of course, if you really have limited repayment ability, you can also negotiate repayment with pregnant women, so as to reach a repayment agreement with the bank and lift the overdue status of the credit card. Similarly, if the bank credit card reduces the overdue fine and penalty interest of the credit card, it may not only encourage the credit card holder's arrears, but also cause certain economic losses to the bank credit card.

Using the minimum repayment amount can be a better choice. If the repayment intention is strong, you can negotiate with the bank to repay according to the agreed minimum repayment amount. Generally speaking, the minimum repayment amount is 10% of the consumption amount. Although you have to charge a daily interest of 0.5% of the total amount of this month's bill according to the minimum repayment amount, and compound interest on a monthly basis, this way can cancel the overdue status of your credit card and not count it as overdue.