1. Guangfa Credit Card Overdue Negotiation Repayment Process

(1) Contact the staff of Guangfa Bank in a timely manner. If cardholders want to negotiate repayment with the bank, they can call the bank's hotline or go to a business outlet to find relevant staff, explain that they are temporarily unable to repay the loan in one go, and submit relevant information.

(2) Bank review. After the bank accepts the materials, it will investigate the cardholder's repayment status and personal credit. If the cardholder meets the bank's relevant conditions, the bank will inform the cardholder that the cardholder has passed the review. If not, the bank will refuse to negotiate for repayment.

(3) Negotiate specific matters. After approval by the bank, the cardholder can negotiate with the bank for specific repayment methods and repayment time.

2. What to do if the Guangfa Credit Card’s overdue negotiated repayment is a second breach of contract

The second breach of the Guangfa Credit Card’s overdue negotiated repayment is extremely serious in nature and is equivalent to repaying all previous payments in vain. .

What the cardholder can do is to make a form first, fill in the repayment and monthly income that he has negotiated, see the monthly difference, and live frugally. If the difference is small, you can Borrow a little from family and friends and pay it back first. If the difference is too big, just tell the bank. There are also other banks that have negotiated but have not yet started repayment. You can make a call to see if they can renegotiate and reduce losses.

If you are sued by the bank for the second breach of contract, you can choose to mediate with the other party. If the mediation fails, the bank will make a judgment. If you do not repay the judgment, you will be classified as a dishonest person and will no longer be able to apply for loans at the bank. business.

3. Why does the bank disagree with the overdue negotiated repayment of Guangfa Credit Card?

The bank does not agree with the overdue negotiated repayment of Guangfa Credit Card. A large part of the reason is that the plan proposed by the cardholder does not meet the requirements of the bank. requirements.

Banks open credit card business to make profits, and overdue payment is inherently a breach of contract. The bank has no responsibility in this regard. Once the bank agrees to negotiate repayment, the bank will definitely lose part of the interest, so Many times banks will not agree to negotiate repayment.

Unless the cardholder can prove that he is indeed unable to repay but is still trying to repay, the bank may agree to negotiate repayment.

If there are any unclear or new situations, we recommend that you call us directly for free consultation so that you can understand the communication case situation and provide you with detailed and targeted answers to avoid problems due to incomplete information and poor communication. , the answer is wrong. I wish you success in safeguarding your rights.