If a credit card is overdue and the repayment is negotiated, liquidated damages and penalty interest generally cannot be reduced or reduced. Because the user defaults on his own, liquidated damages and penalty interest will be incurred. Moreover, liquidated damages and penalty interest are automatically calculated by the system. If they want to be reduced or reduced, a very strict review process is required. Even if the bank agrees to the exemption, it does not mean that everyone is eligible for the exemption. Credit cards are not overdue for long, so users can minimize the negative impact by paying them off as soon as possible. If you really don’t have the ability to repay, you can try to negotiate for repayment.