What is the correct way to deal with an overdue credit card? It should be divided into several steps.

1. Evaluate your future income. When you know that you do not have the ability to repay the loan in a short time, do not repay it bit by bit, because this is of no use. Plan your income well. and situation.

2. Maintain a good attitude and maintain a good attitude when communicating with the bank. And show that you have a clear willingness to repay, and inform the bank of your true actual situation. You are currently working hard to make money. A positive attitude will prevent the bank from worrying about you losing contact.

3. Within 1-2 months after the overdue payment occurs, do not waste time negotiating with the bank to waive penalty interest and liquidated damages and negotiate for installment repayment. The bank will basically not agree. At this time, the bank must want to collect all the debts, but the debtor definitely does not have the ability to repay, and it will be difficult to bear it.

4. After 3-4 months, the bank will definitely include overdue credit cards as non-performing loans. This has a great impact on the bank's assessment. At this time, you are negotiating with the bank on the installment repayment plan. But the possibility of negotiation is not high

5. According to the installment plan formulated by the bank, the first few installments must be repaid on time. If you have difficulties, you must inform the bank in advance and communicate with the bank. It can be postponed for a few days but it must be approved by the bank.

6. Face it positively. Work hard to make money. The most important thing at this time is to adjust your mentality. Always remind yourself that it is not shameful to be overdue. No matter where you go, you must hold your chest high and your head high. You must first think highly of yourself before others can think highly of you.

Negotiated repayment is available in every bank and lasts up to 60 periods.

There are requirements for negotiated repayment. Some are based on the amount, and some are based on different circumstances such as personal circumstances.

If you have any questions, please leave me a message and I will reply and answer them one by one.