The reasons why the China Merchants Credit Card cannot be repaid in installments: 1. The consumption limit does not reach the minimum consumption amount; 2. The cardholder has a bad record of overdue repayment; 3. The cardholder is suspected of illegal cashing out; 4. Account abnormalities, etc. Usually when China Merchants Credit Card cannot apply for installment, you can call for consultation, so that you can know the specific reasons and then make corrections.

When the China Merchants Credit Card cannot be repaid in installments, it must be paid off in one lump sum. If the payment cannot be made on time, it will be overdue. Penal interest will be incurred after the overdue period. The longer the time, the more the penalty interest will be. Moreover, the bank will collect money after it is overdue. A common method of collection is to call the borrower's phone number and continue to collect money until the loan is repaid.

Overdue repayments on China Merchants Credit Card will be uploaded to the credit reporting center, resulting in a bad personal credit rating. Moreover, after the debt is returned, it will continue to be saved for 5 years, and will automatically disappear after 5 years. If the debt is not repaid, the overdue record will always be recorded on the credit report.

In order to avoid not being able to return the credit card on time after using it, users should know in advance what aspects of income they will use to return when using the credit card. If your personal income is not very large, you should use it with caution at this time. In fact, if you cannot repay it on time, you can also borrow money from friends around you to repay it, so as to avoid overdue payment.