Can installments be made if the credit card is suspended? There are three conditions for credit card installment. One is that the credit card status is normal, the other is that the installment amount reaches the standard, and the other is that the application is applied within the specified time. Only if all three are met at the same time can you have the opportunity to make an installment. After all, the installment can only be processed after the bank has approved it. If the credit card is suspended, it means that the credit card account is in a frozen state and the card cannot be used normally. Obviously the status is abnormal and the bank will not allow installment. However, you still have to find out the reason why your credit card was suspended, and then analyze the specific situation in detail.
Why are credit cards suspended? 1. Seriously overdue. If a cardholder fails to repay on time for more than 3 months, many banks will unilaterally terminate the use of the credit card. After the credit card is suspended, even if there is still a limit on the card, you will no longer be able to make purchases with the card, and the existing debt may be lost. The card is for installments, and the card is permanently suspended. The bank will not let you use the card again until the balance is paid off. 2. Risky transactions. After the credit card is approved, our card usage behavior will be monitored by the bank. The bank will conduct risk control on some behaviors that are not in line with daily consumption, and then control the risky credit card transactions, such as suspending the card. Unless we can provide consumption vouchers to dispel the bank's suspicion, Otherwise it cannot be lifted. 3. High debt ratio. If a cardholder currently has a lot of unpaid debts, no matter how good the level of income is, once the debt ratio reaches a certain critical point, even if it is not overdue, the card may be suspended due to high default risk.