Stop-interest-pending account is a repayment method that can only be applied if it is absolutely necessary. However, this repayment method can only be applied by the lender, and the repayment conditions of stop-interest-pending account are very harsh, so it is difficult for ordinary people to use this method. Unless there are really special circumstances.
simply speaking, the interest is stopped and only the principal is repaid, and the principal can be repaid in 6 installments in 5 years at the longest. In this case, under the premise that users have the willingness to repay, but they really have no repayment ability, a solution given by the bank is credible. However, it is not necessary for the user to apply to the bank to stop the interest payment. It needs to be reviewed by the bank, and only the users who have passed the review can operate.
it's not a deadbeat, and it won't be blacklisted. The suspension of interest payments means that the customer has successfully negotiated with the financial institution to repay the money, with an additional commitment to the deadline and amount of repayment. At this moment, the problem of personal credit reporting is borne by the central bank. As long as the customer pays back the money, it is impossible to upload loans overdue records into personal credit reporting. The credit blacklist is that the customer loans overdue does not pay back the money and is immediately listed by the financial institution. The two situations are different. However, financial institutions generally require customers to pay back the money according to the commitments of the agreement, and it is usually impossible to allow customers to negotiate to pay back the money unless the situation is very unique, such as the customer being laid off, suffering from serious diseases, disability and so on.
1. How to apply for a stop-interest account
The customer only needs to dial the manual customer service phone of the financial institution and apply for a stop-interest account immediately. However, you can only apply for suspension of interest and loss of account if it is in loans overdue, and you can't apply for it before loans overdue.
if the credit card is not overdue, users can avoid the minimum repayment, and it is better to choose the minimum repayment, because this will not affect personal credit. Even if the application is successful, the bank credit card has gradually formed a loans overdue record, and the loans overdue record will lead to poor personal credit report, so it will be impossible to apply for other loan business in the future.
Second, the advantages and hazards of stopping interest and hanging accounts
The advantage is that overdue debts can be repaid in installments, and no new overdue interest will be generated; The disadvantage is that users can't handle any credit business before overdue debts are paid off. Stopping interest payments can be divided into five years at the longest, which can alleviate the repayment pressure, and it is enough to repay according to the signed agreement every month. Therefore, there are actually good and bad things about stopping the payment. After customers choose to stop the payment, they must settle the loan in loans overdue as soon as possible.
the suspension of interest is handled when the credit card is overdue, and at this time, bad credit has been generated, leaving a credit stain on the credit report. If the customer _ pays back the money according to the negotiated promise during the suspension period, the financial institution will make a dunning for the user again, and may bring a lawsuit against the customer.