personalized installment bank has no contract. There is no written contract for personality staging, only short messages and operation records. Under special circumstances, if it is confirmed that the amount owed by the credit card exceeds the cardholder's repayment ability and the cardholder is still willing to repay, the issuing bank can negotiate with the cardholder on an equal footing and reach a personalized installment repayment agreement.

the longest term of personalized installment repayment agreement shall not exceed 5 years and 6 installments. During the period, you can save recordings, short messages, agreements, etc. until the arrears are paid off. As long as you don't lose contact, you can basically handle it successfully. It is best to master the method before handling it. Don't mess around and avoid missing the best negotiation opportunity.

Credit card fees

In the early days of the credit card installment business, banks often advertised under the banner of interest-free, and many citizens were really fooled. In fact, interest-free is not free, just a different name. Generally speaking, the general credit card installment fee for one year is lower than the annual cash withdrawal interest of 18% and higher than the bank's one-year commercial loan interest of 5.31%.

It is worth mentioning that the loan interest rate of commercial banks has been lowered many times in recent years, but the standards of credit card installment fees and cash withdrawal interest have rarely changed. Although the standards of credit card installment fees in different banks are different, the calculation methods are roughly the same.

The main advantages of credit card installment payment are: first enjoy, then pay, no guarantor, simple procedures, fixed time and quota, easy payment, optional monthly repayment amount, and more room for choosing payment methods.