Credit cards are very convenient to use. They support offline consumption through multiple channels, and credit cards have a certain interest-free period, which means no interest is required. However, many friends are still overdue, so credit cards How can I apply for a suspended installment if I can’t afford it? How to negotiate repayment?

1. How to apply for an interest-suspended installment if you can't afford to pay off your credit card

If you can't afford to pay off your credit card and apply for an interest-suspended installment, you can contact the bank proactively, explain your situation, and then apply for negotiation. However, it should be noted that it is difficult to successfully apply for an interest suspension because it is equivalent to stopping the calculation of interest and it is not certain when the repayment can be made.

If you cannot negotiate a suspension of interest rates and outstanding debts, you can try to apply for other repayment plans, such as extending the repayment period and waiving part of the penalty interest, etc. If the negotiation is really unsuccessful, then the repayment can only be made in accordance with the relevant provisions of the agreement signed with the bank.

2. How to negotiate repayment with a credit card

The first step is to contact the bank proactively. You can contact the bank by phone or go to an offline branch for face-to-face negotiation. After contacting you, you need to explain your situation, especially the reason for the overdue date, and then you can apply for negotiation.

In the second step, it should be noted that when explaining the reason for overdue, you need to provide certain documentary evidence, which can be an unemployment certificate or a treatment order from the hospital. In short, it can prove that you are indeed eligible. Materials that are overdue due to special reasons can be accepted.