1. Personalized credit card installment: According to the latest provisions of the Civil Code, credit card holders can negotiate with the card-issuing bank to stop repayment by installment, that is, personalized credit card installment, on the premise of being unable to repay the bill but maintaining a good willingness to repay. Among them, you can choose to reduce interest, extend the repayment period, or you can directly choose to stop paying interest. The interest-free period can be as long as 6 months, that is, five years, which can relieve the economic pressure for everyone.

2. Improve the sentencing standard for credit cards: In the past, the sentencing standard for overdue credit cards was 1, yuan. As long as the principal owed by the cardholder reaches 1, yuan, the bank can initiate criminal proceedings against the cardholder. Once the judgment is successful, the debtor will face jail. But now the standard of credit card sentencing has been raised to 5 thousand yuan. If the overdue amount of the debtor does not exceed 5 thousand yuan, the bank can only file a civil lawsuit against the debtor.

3. liquidated damages and minimum repayment amount: as we all know, the bank will charge the cardholder a certain default fee after the credit card is overdue, such as late payment fee. However, in the new regulations on overdue credit cards, the late payment fee has been cancelled and replaced by liquidated damages. Its charging standard is 5% of the unpaid part below the minimum repayment amount, which greatly reduces the interest that everyone needs to pay after overdue.