To apply for a credit card to suspend interest rates and hang accounts, you must first determine that the cardholder's debt exceeds his or her ability to repay, and the cardholder must be willing to repay. Only under these two prerequisites can you have the opportunity to apply for a suspension of interest rates. When applying, you need to clearly explain why you are overdue. After clarifying the reasons for the overdue, you must provide sufficient supporting information and show your willingness to actively repay the loan to the bank.

Suspension of interest means that when the credit card holder is unable to repay after the credit card is overdue, the card holder and the bank will reach a new personalized installment repayment agreement, and the fixed limit and temporary limit in the credit card will be As well as the reserve fund, make a new plan, re-install it again, and repay it on time every month.

According to Article 70 of the Credit Card Supervision and Administration Regulations, you can apply for a suspension of debits if the following four points are met:

Condition 1. The cardholder is willing to repay;

Condition 3: The cardholder has overdue and is unable to repay the debt in one go;

Condition 4: The cardholder has The cardholder wants to return to a normal living environment and stop collection calls and does not want to be executed;

After the credit card is overdue, high liquidated damages and penalty interest are indispensable. Many people like to pay back a little if they have money. However, if it cannot be repaid together with the principal, the money returned will first be deducted from the liquidated damages and interest, and the principal will hardly be reduced. As a result, the debt problem will not be solved for a long time.

After the credit card is overdue, cardholders should not blindly pay back the money. The bank's interest-free and debit-hanging plan can help us. If it is confirmed that the amount of credit card debt exceeds the cardholder's repayment ability and the cardholder is still willing to repay, the cardholder can negotiate with the bank on an equal footing to reach a personalized installment repayment agreement.

In other words, the cardholder’s credit card has expired and cannot afford to repay the loan in one go. However, if the cardholder is still willing to repay the loan and has the ability to repay it in installments, if he wants to return to normal life as soon as possible, he can contact us. Bank negotiation. This can stop the increase in liquidated damages and collections, and at the same time stop bank collections. Overdue cardholders' debts can be spread in installments up to 60 months.