Credit cards can be repaid in installments without interest. As long as they meet the requirements of banks, most banks can apply for credit card suspension and installment repayment. After applying for stopping payment, the issuing bank will sign an agreement with the cardholder, and according to the cardholder's personal situation, the repayment will be divided into five years at most. Credit card borrowing is convenient, but you need to charge interest. If you can't repay the arrears, it will be overdue, and the interest will increase and you can't pay it off. It will affect personal credit information and have an adverse impact.

Matters needing attention

Cardholders should note that not everyone is free to apply for suspension of payment. In the requirements of card-issuing financial institutions, cardholders who apply for this business need to have a repayment plan, have a willingness to repay, or have paid off part of their debts.

At the same time, after the cardholder's credit card is overdue, he will generally receive a collection message and phone call from the bank, asking for repayment as soon as possible. At this point, the cardholder should explain the situation to the staff and don't refuse to accept or handle the matter. Banks can solve excessive debts through legal channels.

The best way is to communicate with the staff and apply for suspension of payment and installment payment to reduce personal pressure.