Due to the overdue behavior of the borrower for two years, it is definitely necessary for the borrower to bear certain interest or liquidated damages; However, if the borrower is really unable to repay due to financial difficulties, it can negotiate with CCB in a friendly way, and with the consent of the bank, it can be repaid by the borrower in installments.
Only repay the principal or installment, usually only for those who are really unable to repay; If the bank has the ability to repay but refuses to repay, it may request the people's court to require the cardholder to make compulsory repayment.
Can CCB's credit line be used after overdue repayment?
After the CCB credit card is overdue, if it is not returned for a long time, the bank will generally seal the card; Whether it can be used after repayment depends on the actual situation:
1. In the case of short-term card closure, the borrower can continue to use it after full repayment, but the specific effective time needs to be subject to the actual instructions of the bank.
2. If the borrower's card is blocked due to overdue for many times, the credit card can't be used after settlement, even if it shows the bank.
Can credit cards be repaid in installments?
Credit cards can be repaid in installments.
When the cardholder is unable to pay off the debt on the repayment date, he can apply to the bank for installment repayment, and the bank will charge a certain handling fee and high interest. There are different stages of bank cards, and cardholders choose the appropriate stage number according to their own economic situation. This can avoid overdue and affect credit.
Repayment by installment means that the loan amount is repaid in several times, and a part is repaid every month, and the debt is paid off after a certain period of time.
Legal basis:
Article 57 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks
When the issuing bank receives the repayment from the cardholder, it will repay all the debts in its credit card account in the following order: if it is overdue for 1-90 days (inclusive), it will repay the interest or expenses first and then the principal; If the overdue period exceeds 9 1 day, the principal shall be repaid first, and then the interest or various expenses shall be repaid.