Current location - Trademark Inquiry Complete Network - Overdue credit card - My credit card has an overdraft of RMB 600,000. I am unable to repay the full amount. I want to repay the principal in installments. How should I communicate with the bank?
My credit card has an overdraft of RMB 600,000. I am unable to repay the full amount. I want to repay the principal in installments. How should I communicate with the bank?

I am a lawyer, let me answer

Installment is possible. The China Banking Regulatory Commission has express regulations, but the premise is that you really do not have the ability to repay, and the bank agrees to this.

Because this requires negotiation with the bank, usually the bank will charge interest. It is difficult to achieve complete interest exemption.

Conditions for complete interest exemption:

1. Your card has been used for a long time and has contributed profits to the bank.

2. Make sure you have no ability to repay. This can be proven not just by being poor. You can use a credit card worth 600,000 yuan. If you say you are poor and cannot afford to repay, the bank will not believe you.

3. There are other emergencies that lead to non-payment, such as natural disasters.

After overdue, many people want to negotiate with the bank to reduce or reduce the interest in installments, and some even want to suspend the interest rate and hang the account. In this case, the bank will generally not agree, because the bank can have several methods to collect the debt, and the credit record It will stay with you until the debt is paid off, in a few years.

As a financial institution, we must be prepared for risks. The provision for bad debts accrued every year is to take into account overdue situations. At worst, offset it.

The bank is a legal person, and the staff just work. This kind of thinking will be easier for you to understand!

Many debt collection agencies are still waiting for banks to give them jobs.

For debtors who only choose to repay and just consider how to repay, banks have many ways to collect, it just depends on how they want to deal with it.

Outsourcing collection, prosecution, bad debt write-off, etc.

Their profits are hundreds of billions a year, and their bad debt rate is controlled within 5%, so when considering problems, don’t just think from your own perspective.

Here are a few suggestions on how to communicate about installment processing:

1. Find someone with the right to speak. Don’t talk to customer service or debt collection companies. They have no right to speak. Not to mention how many installments we can give you!

2. Contact the bank’s administrator, the China Banking Regulatory Commission, as they have the right to speak to the bank. As the bank's regulator, the bank will take the advice.

3. It is not recommended to use begging when communicating. It is better to be moderately tough!

4. Don’t have too high expectations, try your best and prepare for the worst!

First of all, if you can have a credit card of 600,000 yuan, it means that you are relatively strong. For example, I still have a credit card debt of about 150,000 yuan. Before, it was about 200,000 yuan, and I have paid back part of it one after another. I also paid back some of it. I can’t get it, but I’m using the return software to maintain my card, so I’ll pay it back slowly.

It doesn’t matter if the debt is not paid for the time being. Contact the bank proactively. Don’t wait for the bank to come to you before negotiating. You must take the initiative to negotiate with the bank first. This is the same as surrendering for a crime. Taking the initiative to negotiate will help. Certain advantages.

The main thing is to negotiate with the bank to suspend the interest payment and reduce part of the interest. In other words, let them stop calculating interest, penalty interest, liquidated damages and other fees for you. If these fees are not stopped, the overall cost will be It will be much, much higher, and both the liquidated damages and the penalties for repeated calculation of interest will be unbearable, so this is the first thing to consider. Let’s talk about the interest reduction and exemption. There are also a lot of handling fees and interest that have been incurred. For a card worth 600,000 yuan, you can calculate how much it will cost after all the interest is calculated. It is 50,000 per day. One hundred thousand is fifty, and six hundred thousand is at least three hundred a day. Therefore, these expenses alone can crush a person with a low income, let alone one who is already in debt. It would be better to pay back less.

There are two people I know who gambled online and lost all their wealth. They also took out a lot of credit card and online loans. Some of them negotiated repayment after collection, and some of them negotiated repayment. It was done proactively, and the difference felt quite big. At least the fees for negotiation were much higher. I basically participated in the entire process, so it was clearer.

After the negotiation is complete, make more money. After all, you still have to pay it back after the negotiation. You can live without money, and you have to live.

This can be divided into two situations:

First, before you are overdue, your credit card is overdrafted by 600,000. You can call the customer service staff to explain the situation and request installments. For banks, installment business is what they are most willing to handle because there are considerable profits.

Second, if you are already overdue, the bank collection staff will not agree to negotiate with you to repay the principal in installments within a short period of time. After half a year or a year, the bank staff will feel that the money will be recovered. The possibility is relatively low. At that time, you can negotiate with them to repay the principal in installments, and at the same time ask them to subtract liquidated damages, interest, etc. But it’s just a long process. In the middle, you need to face various collection harassment, even court summons, etc., explain the situation to the bank, express your willingness to repay, etc. However, your overdraft of 600,000 is a relatively large amount and is difficult to negotiate. I hope my answer can be helpful to you. I am also facing this problem at the moment!

First of all, you have to understand that banks are not Huang Shiren. They give you credit cards to make money. When it comes to making money, it proves that they also like money more. This is no worse than you [呲呲]. Then let’s get down to business. Just feel free to communicate with the customer service and tell them your difficulties and desire for repayment. In order to get your principal back and reduce losses, they will definitely agree to your installment plan. But the bank will definitely attach some conditions to you, such as adding some interest. But you don’t have to worry. There are ways to recover the interest that the bank overcharged you. You can feel free to negotiate with the bank.

First, find a local lawyer, pay some legal fees, and he will solve it with you, quickly and steadily

Second, solve it yourself, communicate with the bank first, the bank is not willing to go to the China Banking Regulatory Commission. When you make a complaint, the CBRC will ask you to communicate on your own for the first time. Of course, the bank will not agree. Once you file a complaint, the CBRC will come forward to coordinate!

With a credit card overdraft of RMB 600,000, it is not possible to completely waive the interest. I can only try to communicate with the bank and try to reduce the interest and late payment fees, so be it!

Banks are also a kind of enterprise, and they also have cost pressures and revenue needs. A credit card overdraft is essentially a personal credit loan. Since it is a loan, it is completely reasonable and legal to pay the corresponding interest and fees! Among them, credit card overdue repayment interest, penalty interest, late payment fees, and installment fees are one of the main intermediary business incomes of banks!

However, if the inability to repay is not caused by a malicious overdraft, and the cardholder has a strong willingness to repay, after full communication and negotiation with the bank, there is indeed a chance to reduce or reduce part of the interest!

Relevant provisions of Article 70 of the "Regulations on the Supervision and Administration of Credit Card Business of Commercial Banks" implemented on January 13, 2011:

For a credit card overdraft of 600,000 yuan, in order to eventually obtain interest reduction or exemption , at least make sure to do the following:

1. The arrears of 600,000 are not caused by malicious consumption! If there are activities such as using the card to maintain the card, or even cashing out the credit card, illegal transactions, etc., it will be very difficult to reduce the interest!

2. Strong willingness to repay, which is a matter of attitude!

3. Other special circumstances. If you usually have good credit, but due to legitimate reasons such as illness or accident, it is not a malicious debt. If you provide relevant supporting materials, you can also apply for interest exemption!

There is no mention of overdue, which means that you have not entered the negotiation stage. Everyone uses hundreds of thousands and then negotiates to repay the principal. The bank has not collapsed. Now you don’t have to worry about it, and you don’t have to worry. Loans are different. After they are overdue, they will collect you for a period of time before they give up the collection and negotiate for the principal.

Commentator Menning:

You are too ambitious. A credit card overdraft of RMB 600,000. If the principal is not repaid, the annual interest alone will be RMB 100,000, which is more than the annual income of many Chinese families.

Did you spend this money, invest it, be cheated, lose gambling, or lose money in business? If you can get it back, I advise you to reduce your leverage as soon as possible and return the money to the bank, otherwise the interest will crush you to death. If the money is gone, then you have to find a way to sell your property, sell your house, sell your car, and repay as much as you can first. Unless you have a very stable cash inflow, such as an annual salary of 300,000 yuan after tax, don't think about repaying it in installments. The interest rate for credit card loans is at least 1.5 cents, which is not much worse than private loan sharks. If you default, plus penalty interest, the interest rate will be basically the same. It's like a small loan shark, and it will be too late to cry by then.

Of course, banks can accept installment payments. After all, they earn interest on installments. You can just call customer service directly to apply for installments. Generally, it can be divided into 6, 9, 12, and 24 installments. Installments can lower your cost. There is repayment pressure, but with the interest rate on the credit card, repaying it in advance is the best option.

I advise you to think twice before you act, and don’t push yourself to death.

The credit card is about to be overdue,

It is already overdue,

The debtor is seriously overdue,

How to deal with the debt and get settled as soon as possible?

Debt restructuring is a good choice!

Negotiate suspension of installments and stop collections,

Avoid criminal liability and reduce or reduce overdue fees.

If you delay for more than two months, they will negotiate with you. The principal of 600,000 is not a decimal. If you can delay, the bank will definitely agree to repay the principal.