Yes.

The correct repayment method should be to repay the small amount first and then the larger amount. Be sure not to pay back a little to each household. Even if you pay back, it won’t be enough to deduct the interest penalty. The subject of the question has arrears from 11 banks. Most of the card limits are not too high, ranging from several thousand to more than 10,000. It is best to negotiate with the bank for a one-time repayment of the amount owed. Most banks can negotiate to repay only the principal, and some banks can even repay the principal at a discount.

If you are temporarily unable to repay a large amount of credit card in one lump sum, you can negotiate with the bank for personalized installment repayment, which can be up to 60 installments. You can also suspend interest rates and stop reminders to avoid being sued.

This method is the best solution for people who are unable to repay after the card expires. Of course, for some people, even if the bank gives them a personalized installment plan, they still cannot pay because they have no stable income, or It means that even food is a problem at present. If this is the case, we can only ignore it for now. But if this is the case in the long term, we will face the risk of debt collection and prosecution.