Pufa credit card is overdue for half a year, and now it claims to reduce the late payment fee, but it must be paid off in one lump sum, and the money will be returned first and then the reduction agreement will be given. Is this reliable? Yes, the purpose of banks is to make money. You're overdue, which means you can't afford it. In order to reduce losses, banks. Take the initiative to reduce our overdue interest and late payment fees to improve our cardholders' desire to repay. If we pay back the principal, and then the interest on the first installment is less, and we also reduce the burden, then the bank will recover its capital. Why not?

After the implementation of the new credit card regulations in 2020, the late payment fees arising from overdue credit cards will be changed to liquidated damages. Moreover, liquidated damages, annual fees and service fees are not allowed to add interest, which eliminates the situation of rolling interest calculation; The minimum repayment amount of a credit card can be less than 10%, and the interest-free period can be up to 60 days; Credit card withdrawal is counted as the minimum repayment amount, and the current month's withdrawal will enter the minimum repayment amount of this month's bill, which must be paid off in one lump sum, otherwise the credit card will be overdue. In addition, the new regulations stipulate that if a credit card is not returned within the time limit, it is likely to be investigated for criminal responsibility, especially for malicious overdraft. If it is not returned after two effective collections by the issuing bank for more than three months, it will constitute the crime of malicious overdraft credit card fraud, and thus it will be sentenced and convicted.

For the definition of overdue, the new credit card regulations are as follows:

Within 30 days after the deadline, it will face overdue collection and overdue penalty interest, which will also affect the personal credit in the bank and may enter the bank credit blacklist. It will be very difficult to apply for a card loan in the future;

Overdue for more than 30 days, in addition to collecting penalty interest, may also cause the central bank's credit stain. At present, most banks report card information and data to the central bank once a month;

If it is overdue for more than three or six months in a row and refuses to repay after repeated collection, it will eventually be sued by the bank.

Therefore, when using a credit card, the cardholder must repay the loan on time. Because it is overdue for special reasons, but the repayment intention is strong and the repayment ability is stable, he can negotiate with the bank to stop repayment by installments. The longest period of personalized installment repayment in general banks can reach 5 years, that is, interest and liquidated damages are reduced or exempted. After the suspension, the bank will not collect or sue the cardholder, but the cardholder must repay the loan on time every month.