1. Who should I consult for overdue use of China Merchants Credit Card?

For cardholders whose credit cards are overdue for a long time and need to negotiate installment repayment, they can consult the customer service of China Merchants Bank, or they can directly bring proof materials to China Merchants Bank outlets for negotiation, but they will never negotiate with a third party for collection.

Generally speaking, banks will have special personnel or departments responsible for customer repayment negotiations, loan negotiations and other matters. Therefore, if the cardholder wants to negotiate overdue repayment with the bank, he only needs to call the bank service hotline and go to the bank counter for offline consultation.

If the cardholder wants to negotiate with the bank, he should take the initiative to explain your situation, such as the reason for overdue. Then come up with a positive willingness to repay, explain your debt profile, make clear how much you can repay a month and how many installments you want, so that the bank can see your sincerity.

Second, what is the impact of overdue China Merchants Credit Card?

1. Charge late fees and interest. The overdue fine is calculated as 5% of the unpaid minimum amount, and the minimum fee is 10 RMB or 1 USD. At the same time, the bank charges five ten thousandths of interest on the whole bill every day.

2. This will affect the credit. If it is overdue within one month, it shall be deemed as overdue once. As long as it is overdue once, it is difficult to raise the limit. If it is overdue three times in a row or six times in total, there will be a bad credit record, and it will be difficult to issue loans and apply for credit cards in the future. If the overdue period exceeds a certain amount and time, the bank will freeze the credit card.

3. What if China Merchants Credit Card fails to negotiate within the time limit?

If it is overdue for a long time, it will become a blacklist of banks. Banks are likely to refuse to negotiate with cardholders, so cardholders can only repay according to the credit card agreement. However, the cardholder cannot give up just because one negotiation fails. You can try several times to prove that it is really difficult for you to pay off your debts instead of pretending to be poor. If you can prove to the bank that you are really unable to repay, the bank will probably agree to repay. After all, it is better to collect debts slowly than not to collect them at all.

At the beginning of the negotiation, don't just say that it will be returned in five or three years. Be realistic, act according to your income and give the bank a reasonable good impression. You can also give feedback to the banking regulatory bureau and ask for intervention in the negotiations. The CBRC is responsible for these matters, but it will deal with a large number of people and the speed will be slower.

All in all, there are so many people to consult with when China Merchants Credit Card is overdue. I still suggest that if you want to negotiate repayment, you must consult the bank's customer service, not the third party to collect it. Collection cannot determine the cardholder's debt, only the bank can.

If there are still unclear or new situations, it is suggested that you call directly for free consultation, so as to understand the communication cases and make detailed and targeted answers for you, so as to avoid incorrect answers due to incomplete information and poor communication.