1. The difference between credit card personalized installment and interest-suspended debit.

Personalized installment is also called interest-suspended debit. The function is that after the credit card is overdue, the user You can negotiate with the bank for interest-free installment repayment. However, it is not possible to apply for it casually, and it will ultimately be decided according to the bank's policy. Usually, you can only apply for personalized installment after your credit card has expired. Once your application for personalized installment is successful, you must repay it on time.

Personalized installments can appropriately alleviate the short-term debt pressure of repayers, and is also the main way to solve the problem of overdue credit cards. When you are unable to repay in the short term, negotiate with the bank for installment repayment, so that the user's debt can be alleviated. Pay off slowly.

2. What are the conditions for personalized credit card installments?

If the user is willing to repay, but his financial strength cannot pay off the debt at once, he can make it clear when negotiating with the bank. Your own positive repayment intention or plan can provide a successful rate of personalized installment application. In addition, users must also have the financial ability to repay in installments.

Users need to reach an agreement with the bank on personalized installment repayment. Personalized credit card installment is when the credit card becomes overdue and overdue penalty interest is incurred. When the user is unable to repay the bill, he negotiates with the bank to repay the bill based on his or her own economic situation. Installment repayment agreement.

3. How to apply for personalized installments

Contact the bank online. Users can call the bank hotline to explain their situation to the bank and express their willingness and repayment plan. , and explain that you want to apply for personalized repayment business.

When applying for personalized installments, the bank will ask users to submit relevant certification materials according to the situation, such as certificates of major illness, bankruptcy, family changes, etc. The specific requirements of each bank are different, and the bank will provide relevant certificates. The user's situation is carefully considered, which can improve the success rate of applying for installment.

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