1. The loan can be repaid in several installments.

1. Minimum repayment amount: Nowadays, banks generally have a minimum repayment amount. As long as the minimum repayment amount is paid before the final repayment date, it will not affect the individual, but it will be charged every day. Interest of 0.05%;

2. Installment repayment: You can apply for installment repayment before the final repayment date, and make installments according to your repayment ability. The installment handling fee increases with the number of installments. Add;

3. Change the billing date: Extend the repayment date by changing the billing date, but the billing date cannot be changed at any time, and each bank has different limits on the number of changes to the billing date. Some banks can change the billing date twice a year. Some once a year;

4. Negotiate with the bank: Explain the situation to the bank and negotiate with the bank to prove that there is no intentional overdue payment and there are reasonable reasons for the temporary inability to repay.

2. What to do if the credit card money is not paid to the bank

1. Collection

Depending on the overdue time, different collection methods are adopted.

If it is 7~5 days overdue, the bank customer service will collect it through text messages; if it is more than 30 days but not 90 days overdue, the bank customer will call to collect it; if it is more than 90 days overdue, the bank may send someone to collect the money. ; If the debt is overdue for more than half a year, the bank can also outsource the collection to a third-party company, which will handle the collection.

2. Report to the Central Bank

As long as the debt is not overdue, the bank will also report the overdue behavior to the Central Bank's credit reporting system while collecting the debt. However, it is not necessary to report the overdue amount immediately. Many banks report it once a month. If the minimum payment is not made by the next billing date, the credit report will 100% be reported.

3. File an appeal

If the credit card is overdue for more than 3 months and has received 2 valid collections from the bank but still has not repaid, it will be considered a malicious overdraft. For credit cards, if the amount is more than 50,000 yuan, the bank will go to court and sue. Even if you are jailed, you will have to continue to repay the loan.

If the credit card cannot be paid, the boss can borrow money from his family and friends and pay off the bank debt first. Otherwise, corresponding overdue penalty interest, liquidated damages and late payment fees will be incurred after the due date. Also, cardholders can apply for the credit card’s minimum repayment feature. Cardholders can also truthfully inform their situation and apply to the bank for an extension or postponement of repayment.

Legal Basis

"General Rules for Loans"

Article 26 Assessment of the borrower's credit rating: The borrower's leadership quality, economic Assess the borrower's credit rating based on factors such as strength, capital structure, contract performance, operating efficiency, and development prospects. Ratings can be conducted independently by the lender, held internally, or by an appraisal agency approved by the competent authority.

Article 27 Loan Investigation: After accepting the borrower’s application, the lender shall investigate the borrower’s credit rating and the legality, safety and profitability of the loan, and verify the collateral, The conditions of the pledge and guarantor, and the risk level of the loan.