First of all, overdue repayment will have a negative impact on the credit history of cardholders. Banks will comprehensively evaluate the credit status of cardholders when considering whether to agree to personalized installment. If the cardholder's credit history has been damaged, the bank may think that his willingness and ability to repay is insufficient, so he refuses to negotiate personalized installment.
Secondly, overdue repayment will increase the risk of banks. As a credit card issuer, banks need to ensure the safety and recovery of funds. If the cardholder fails to repay continuously, the bank will worry that continuing to relax the repayment conditions may further increase the risk and cannot effectively control the flow of funds.
In addition, banks may also consider the frequency and amount of overdue repayment. If the cardholder is often overdue or the overdue repayment amount is large, the bank may think that his repayment ability is unstable or insufficient, so he refuses to negotiate personalized installment.
To sum up, the reasons why banks refuse to negotiate personalized installment mainly include the damage of cardholders' credit records, the increase of bank risks, and the frequency and amount of overdue repayment exceeding a certain limit. After the deadline, the cardholder should contact the bank as soon as possible, actively seek solutions, and maintain a good credit record and the cooperative relationship between the cardholder and the bank.
Extended data:
Overdue repayment refers to the cardholder's failure to repay within the prescribed credit card repayment period. Overdue repayment will not only affect the credit of the cardholder, but also lead to penalty interest and increase the repayment burden. Therefore, timely repayment is the key to maintain a good credit record.
Personalized installment refers to the installment repayment plan that the bank provides according to the cardholder's specific situation and meets his needs and repayment ability. Through personalized installment, cardholders can flexibly arrange repayment according to their actual situation, reduce the burden and maintain a good credit status.
A good credit record is very important for personal financial activities. Cardholders should repay on time within the prescribed repayment period to avoid the negative impact of overdue repayment. In addition, cardholders can ensure a good credit status and gain the trust and support of more financial institutions by rationally planning and managing their own consumption and repayment.
Summary:
After the credit card is overdue, the bank may refuse to negotiate personalized installment mainly because the cardholder's credit record is damaged, the bank's risk is increased, and the number and amount of overdue repayment exceed the limit. Cardholders should contact the bank in time to discuss solutions to avoid further damage to their credit status.
Note: The above information, conclusions and explanations are for reference only, and the answers to specific questions may be influenced by many factors such as personal credit status and banking policies. If you need accurate information, please consult the bank or relevant institutions.