Due to the epidemic, credit card repayments can be postponed this year. Loan guarantees for people infected with the new coronavirus can be extended for one year, and financial institutions should give priority to customers affected by the new pneumonia or epidemic. The state has introduced measures for those who are hospitalized or quarantined due to COVID-19, those who need to be quarantined for epidemic prevention and control, staff involved in epidemic prevention and control, and those who have temporarily lost their source of income due to the epidemic. Financial institutions should appropriately tilt their credit policies and reasonably delay the repayment period. It should be determined based on the actual situation. The inability to go to work must be caused by the new coronavirus, resulting in the inability to repay the credit card on time. Only then can we follow the central bank and the China Banking Regulatory Commission's "About Strengthening the Cooperation of Banking, Insurance, and Financial Industry Services to Prepare for New Coronavirus-Infected Pneumonia" The "Notice on Epidemic Prevention and Control Work" is dealt with in the third point. The third point stipulates that for people who have temporarily lost their source of income due to the epidemic, appropriate tilts should be given to credit policies and flexible adjustments to personal credit repayments such as housing mortgages and credit cards. Make arrangements to reasonably postpone the repayment period. (To put it simply, during the new coronavirus epidemic, all banks will provide a certain deferment of repayment) So if you are unable to work and repay your credit card on time due to the epidemic, don’t worry too much that all banks will provide a deferment of repayment.

If you are unable to work normally due to the new coronavirus, it is recommended that you choose the minimum repayment or installment repayment at some time so that your future work and personal credit will not be stained (overdue record). Not only can the repayment amount be reduced, but it will not have any impact on personal credit score (it is normal repayment to make minimum repayment or installment repayment before the repayment date). In addition, during the epidemic, in addition to banking institutions, many licensed consumer financial institutions have also invested in epidemic prevention and control. Beijing Business Daily noted that up to now, many institutions including Home Credit Consumer Finance, Ma Ma Consumer Finance, China Post Consumer Finance, Haier Consumer Finance, Jincheng Consumer Finance, Huarong Consumer Finance, Hubei Consumer Finance, etc., have provided services during extraordinary times. Users have provided comprehensive measures such as interest exemptions and deferred repayments to alleviate difficulties

: Can an enterprise request to suspend or change the performance of a contract due to the impact of the COVID-19 epidemic?

If there is an agreement, it should be based on the agreement. If there is no agreement, it is recommended to negotiate and resolve the matter in accordance with the principles of fairness and mutual understanding. Many companies have been "suffering" from the twists and turns of commercial leasing during this epidemic, and both lessors and lessees have suffered losses. The lessee asked for rent reduction and exemption, but the lessee was unwilling to bear the loss. Both parties held different opinions.

Legal basis: According to Article 590 of the Civil Code, one party is unable to perform the contract due to force majeure.

1. The other party should be notified in a timely manner to mitigate possible losses to the other party, and proof should be provided within a reasonable period. The debtor's obligation to notify and prove can let creditors know the occurrence of force majeure events and their impact and extent on the performance of the contract, so as to reduce possible losses to creditors;

2. At the same time, creditors can take measures to respond Measures (whether the debtor’s force majeure exemption reasons are recognized and corresponding evidence and responses are provided). "Notice" and "certification" are incidental obligations of the debtor based on the principle of good faith. The debtor must fulfill this obligation, otherwise, it will bear corresponding responsibilities.