Yes.

If the ICBC credit card is overdue, you can negotiate to repay the principal, but the probability of agreeing is low. Under normal circumstances, ICBC requires that overdue credit cards cannot apply for interest exemption, but if the reason for overdue is special, it can be considered. Once this happens, you should have a correct attitude and actively explain the situation to the relevant departments of the Industrial and Commercial Bank of China to strive for interest exemption.

According to the agreement when applying for a credit card, the cardholder must repay the credit card debt in full and on time according to the credit card bill. If the credit default is caused by the cardholder’s personal reasons, the credit card issuer has the right to impose additional penalties. interest. Therefore, once a credit card defaults and the credit card bill cannot be paid in full and on time, the bank to which the credit card belongs will initiate a mechanism to increase penalty interest, and the amount of penalty interest will continue to increase depending on the time and amount of the default. Only when the cardholder negotiates repayment with the bank and reaches a consensus on repayment can the increase in penalty interest be stopped. However, as long as the credit card debt is not settled for one day, the personal credit report will show that it is in default and overdue status.