What if the loan is stopped again? 1. The direct bank compulsory collection procedure does not exclude legal proceedings. In this case, I think only relatively large debts are like this. Because the amount is relatively large, if the bank can't collect it, the bank will definitely suffer heavy losses. Banks can use all available methods to collect funds, including court proceedings and enforcement.
For example, the borrower's assets are confiscated and auctioned, and the proceeds from the auction are used to offset the debts. If there are no assets, banks may even take extreme routes and let borrowers bear legal responsibilities. Of course, this is unlikely to happen in principle.
2. Directly record the arrears into bad debts or bad debts. If the bank records the debts owed by the borrower as bad debts or bad debts. Then, the bank does not intend to recover the loan in principle, which may be easier for the borrower for the time being. But don't forget that once bad debts or bad debts are recorded in the personal credit report, the borrower can be directly identified as a credit black account. In the future, it will be impossible for banks, financial companies and other consumer loans, including housing loans and auto loans, to check personal credit.
3. The possibility of renegotiating repayment is very low. After all, banks are not charities. Its tolerance for borrowers is also limited. However, anything is possible. If the borrower does have sufficient reasons, such as natural disasters and man-made disasters, and other irresistible factors, which cause the borrower to lose credit again, then the bank will consider the appropriate situation and give the borrower another chance. This is not impossible.
In short, agreed repayment is the best repayment method provided by the bank to the borrower, and the borrower should abide by the agreement and repay on time. Don't let it happen again after the deadline. If it happens, the borrower should inform the bank in time to avoid more serious consequences.
Is it reliable for a third party to stop paying interest? I can tell you for sure here that the collection department can give you relief according to the bank's relief policy, and the specific amount of relief varies from bank to bank. There are two reasons:
1. As the third party of the bank, there is an outsourcing agreement between the collection department and the bank. According to the provisions of the credit card collection contract, the bank may entrust a qualified third party to assist in handling overdue customers. In view of the reduction and exemption policy, banks have clear regulations and conditions for the implementation of the collection department, which is supervised and implemented by the credit card department of each branch.
2. Specific rescue policies often change, mainly in the scope and amount of rescue, as well as the process required for rescue operations, and the differences between banks are very large.
Therefore, as long as the collection department entrusted by the bank is reliable and recognized by the bank, and the amount of relief is within the range set by the bank in advance, the collection company only submits the application for relief, and the specific relief operation is still carried out by the bank. Here's a reminder: you must return the funds to your credit card and don't enter other designated accounts.
Does the suspension of interest payment have an impact on credit reporting? First of all, stopping paying interest has been reflected in your credit report. It is impossible without influence. Generally, it takes an overdue process to stop interest payment and then start negotiations. At this time, all your credit card usage records can be reflected in your credit information. Therefore, it is a means for you to continue to deal with debts after the deadline, and credit reporting will inevitably be reflected.