The consequences of the suspension of interest payments are as follows:

First, it may lead to the user's refusal to handle the credit loan business in the future. Because the bank also belongs to untrustworthy customers, if the bank sees that the user's personal credit information has not been processed, it is likely to doubt the user's repayment ability and refuse the user's loan application.

second, it affects credit reporting. The suspension of interest payment is handled in the case of overdue, which will leave a stain on the credit information itself. In addition, although interest is not paid during the suspension of interest payment, part of the principal and handling fee should be repaid every month according to the agreement. If the user fails to repay the loan on time as agreed, it will also be regarded as overdue, further affecting the user's credit information, and the bank will also run a collection for the user.

3. Credit card (debit card) cannot increase the limit. After the account is suspended, the bank will think that the user does not have enough repayment ability and the loan risk is high, and will not allow the user to increase the quota again.

Therefore, it is suggested that users must repay the loan on time after handling the account suspension, so as to avoid unnecessary influence on themselves. There is no influence on the consequences of handling the stop-and-hang account. After handling the stop-and-hang account, the cardholder will show the corresponding records in his personal credit report. Although it may not be overdue after the suspension of interest, you are also a faithless customer in the eyes of banks, and you will be rejected for handling credit cards, bank loans and other businesses. Repayment should be made on time as agreed in the agreement after the suspension of interest payments, otherwise the overdue payment will also affect the credit investigation and be collected by the bank.

generally speaking, the suspension of interest payments and the overdue payment will have an impact on personal credit reporting. Moreover, users who have stopped paying bills are more likely to be rejected if they want to apply for credit card withdrawal after that. The loss of interest in the credit report of the handler has a great impact on it. If it is overdue, it will also have a series of consequences.

As long as the user dials the customer service hotline of the bank, he can directly apply for loss of interest. However, you can only apply if the credit card is overdue, and you can't apply before it is overdue. If the credit card is not overdue, and the user can avoid the overdue with the minimum repayment, then it is best to choose the minimum repayment, because this will not affect personal credit. Even if the application is successful, the credit card has already generated overdue records, which will lead to poor personal credit information and will not be able to handle other credit business in the future.

Stop-interest-and-pay refers to that the cardholder can't repay the credit card arrears or loans as scheduled due to special circumstances, and after consultation with the bank, the bank will suspend the interest calculation on schedule and leave the arrears for later treatment. In layman's terms, stopping to pay the bill means that the money is owed first, but the account will not be eliminated, and then it will be paid back later.

extended information

1. According to Article 7 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks: under special circumstances, if it is confirmed that the credit card debt exceeds the cardholder's repayment ability and the cardholder is still willing to repay, the issuing bank can negotiate with the cardholder on an equal footing and reach a personalized installment repayment agreement. The longest term of personalized installment repayment agreement shall not exceed 5 years.

when handling the business of stopping the payment, you need to contact the customer service of the bank, explain the situation on your own initiative, and ask if you can handle the business of stopping the payment. Under normal circumstances, if the cardholder does have special circumstances, the bank is allowed to stop interest and hang up the account.

there are two conditions that must be met when the interest is stopped. One condition is that the debt exceeds the cardholder's repayment ability, and the other condition is that the cardholder has the willingness to repay. Therefore, if the cardholder wants to handle the business of stopping interest payment, he needs to show his willingness to repay. What are the consequences of credit card suspension?

The suspension of interest in a credit card mainly means that the cardholder cannot repay the credit card debt on the final repayment date due to special circumstances, but the cardholder is willing to repay, and can negotiate with the bank to sign a personalized repayment agreement, which can be divided into five years at the longest. Although no interest will be generated during the period, it is necessary to repay part of the principal and handling fee every month as agreed in the agreement.

both the suspension of interest and the overdue account will have an impact on personal credit reporting, which will lead to a series of bad consequences.

1. Although it may not be overdue after the suspension of interest, you are also a untrustworthy account in the eyes of the bank, and you will be rejected for handling credit cards, bank loans and other businesses.

2. Credit card withdrawals will be rejected. By the same token, some banks will check their credit information, that is, conduct post-loan management. However, your credit report shows that your repayment ability is not good. Naturally, you will not easily raise the amount, and you may even reduce the amount.

3. Pay back the loan on time as agreed in the agreement after the interest is suspended, otherwise the overdue payment will also affect the credit investigation and be collected by the bank.

1. What is the impact of credit card suspension on personal credit reporting?

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As we all know, the credit card is not available yet, so you can apply for negotiation to stop the payment. As long as the bank agrees, you can sign a personalized repayment agreement. However, it must be noted that, after applying for the suspension of interest payments, the credit card swiper can no longer apply for the loan business of financial institutions under the condition that the loan has not been settled. So, will overdraft card's suspension of interest payments endanger personal credit reporting?

if the cardholder can't repay the card debt on the final repayment date for special reasons, but he is willing to repay it, he can use the reason to persuade the bank to sign a personalized repayment agreement with the bank to pay off the debt in five years. No interest will be charged during the term of the agreement, but full repayment is required according to the time agreed in the agreement.

this is the so-called "stop-and-hang account", but I don't know that the stop-and-hang account will be reflected in the credit information, which means it will affect everyone's personal credit information! In fact, in the eyes of banks, the suspension of payments is similar to the overdue situation, so it will have a certain impact on personal credit information. You should also pay attention to the following points: 1. The suspension of payments in the credit information report means that everyone's repayment ability is insufficient. It is impossible to apply for a credit card withdrawal, and it is good not to reduce the amount! 2. It's not overdue to handle the suspension of payment, but in the eyes of banks, it's also a breach of contract. If you want to handle bank loans or credit cards in the future, the possibility of being rejected is great! 3. After the account is suspended, it must be repaid in full and on time, otherwise it will be overdue and will be collected and sued by the bank. It's hard to negotiate and handle the suspension of payment. As a result, it is very likely that the bank will be targeted or blacklisted if it is overdue.

If you want to apply for suspension of credit card, you can call the customer service phone of the issuing bank to try to apply. When applying, you must explain the reasons why you can't repay normally, such as lack of financial ability caused by unemployment and illness, and show your willingness to repay. After obtaining the approval of the bank, the bank will agree to handle suspension of credit card, and will sign a personalized repayment agreement with you. You can divide the arrears into five years and 6 installments, but you still need to pay them.

Although it is said that overdraft card's suspension of payment will endanger the personal credit information of credit card readers. However, for card swipers whose minimum repayment amount is a problem, applying for stopping payment is the most effective way to alleviate loans overdue's plot, at least without worrying about being urged by financial institutions.

Generally speaking, after the suspension of interest payments, it will appear in the personal credit report. In the eyes of banks, this is also a breach of contract, and it may even be blacklisted by banks.