If the cardholder has handled the credit card installment repayment business, and has sufficient repayment ability, and wants to pay off all the arrears at one time, he can contact the bank staff. However, in this process, the credit card installment repayment fee already paid will not be refunded, which is something that needs attention and attention.
How to negotiate if the credit card only repays the principal?
1. Cardholders can provide the bank with proof of income, proof of arrears from multiple platforms, proof of unemployment, proof of illness, etc. to prove that they are really unable to repay their debts.
2. During the negotiation, the cardholder should keep the phone open and try to repay a certain amount every month to show the willingness to repay and prevent being deemed as malicious overdue.
3. If the bank still refuses to repay the principal when the conditions are met, the cardholder can complain to the CBRC or the third-party complaint platform. According to the relevant regulations, under special circumstances, if it is confirmed that the amount owed by the credit card exceeds the cardholder's repayment ability, the issuing bank can negotiate with the cardholder on an equal footing and reach a personalized installment repayment agreement. The maximum term of the agreement shall not exceed 5 years.