Exemption can be negotiated, but it also depends on the overdue time, negotiated repayment policy and so on. Generally, it will be settled once through negotiation, and only the principal will be repaid.

It can be reduced or exempted under special circumstances. There are two main types:

1. Overdue liquidated damages caused by unemployment, serious illness, unspecified expenses in the bank, unknown expenses, etc.

2. Overdue liquidated damages caused by delayed repayment after consultation with the bank before the stipulated repayment date.

In addition to the above two cases, under normal circumstances, the overdue clause of credit card can not reduce the liquidated damages.