The so-called "personalized installment" actually means that the amount owed by the credit card exceeds the customer's repayment ability.

If the customer is still willing to repay, he can negotiate with the issuing bank and reach an agreement on installment repayment.

If the customer's personalized installment application is rejected by the bank,

This may be due to the following reasons:

1. The customer intends to pay back less every month, and the installment time is too long, but the credit card debt is too much, and it will take a long time to pay back.

The Measures for the Supervision and Administration of Credit Card Business of Commercial Banks clearly stipulates that the term of personalized installment repayment agreement shall not exceed 5 years at the longest.

2. The bank examines the customer's actual repayment ability. The credit card has just expired and the amount owed is not very large. Customers just don't want to pay off at one time, and think that the pressure of paying off at one time is too great to plan personalized staging.

It is recommended that customers prepare more supporting materials during the negotiation to prove that they are really unable to repay, and they did not deliberately fail to repay. Customers with repayment ability should repay on time according to the agreed repayment period.

If you don't want to repay in full, you can apply for the installment or minimum repayment amount of the bill before the repayment date to avoid overdue.

Extended data:

Bank loan refers to an economic behavior that banks lend funds to people in need of funds at a certain interest rate according to national policies and return them within the agreed time limit.

Generally, you need a guarantee, a house mortgage, proof of income and good personal credit information before you can apply.

Moreover, in different countries and different development periods of a country, the types of loans classified according to various standards are also different.

For example, industrial and commercial loans in the United States mainly include ordinary loan limits, working capital loans, standby loan commitments, and project loans. In Britain, industrial and commercial loans mostly take the form of bill discount, credit account and overdraft account.

Now more and more post-80s and post-90s loans buy houses and cars. For a time, the loan business provided by banks has become the "new darling" of the times.

However, it is still a bit difficult to get a loan successfully in a bank, and it is even more difficult to get a loan at a certain time.

Here are some tips for successful loans, hoping to help more people get successful loans.

1. Reasons for borrowing: In the process of applying for a loan, the borrower should be frank and clear, and write down the purpose of the loan and the advantages of personal repayment in detail. Such as a good personal credit record.

2. Loan amount: The loan amount applied by the borrower in the bank should not be too high, because the larger the amount, the higher the possibility of failure. However, this is not what lenders want. Of course, they don't want their loan funds to see the movement of lending within half a month.

If the loan amount applied by the lender is large, I suggest you reduce the loan amount appropriately, so the hope of passing the bank audit will be greatly increased.

3. Loan Description: Fill in the application materials, loan purpose, personal credit record, income source, repayment ability and family income in detail.

Make sure that your loan can be repaid on time no matter when, where or how.

4. Loan repayment: After a successful loan application, the borrower must repay the loan within the specified time. Don't take chances and delay the repayment time, thus causing a bad personal credit record. In addition, the relevant departments will try their best to recover the loans in arrears.

Installment loan refers to the provision of a certain amount of principal to the borrower, and the borrower must repay a fixed amount of loan in installments (monthly, quarterly and yearly) until a certain year.

Classification:

1. Full installment repayment means to pay the principal and interest of the loan regularly according to a certain amount, instead of paying the principal and interest in one lump sum on the maturity date; It can make the lender reduce the risk caused by the borrower's inability to repay the loan at maturity.

Two, the partial installment repayment method refers to the equal installment repayment of part of the loan, the rest of the loan installment payment, one-time payment.

What if the bank doesn't agree to repay the loan in installments?

If the bank doesn't agree, then you can only repay according to the bank's regulations or requirements. If your overdue amount is relatively large, the bank will decide whether to approve your installment application according to your personal credit status. If your overdue amount is relatively small, the bank will reject your installment application and let you repay directly. According to Article 70 of China's Measures for the Supervision and Administration of Credit Card Business of Commercial Banks, the amount of credit card arrears exceeds the cardholder's repayment ability. However, if the cardholder is still willing to repay, the issuing bank can reach a personalized installment repayment agreement with the cardholder through equal consultation. Precautions for credit card installment repayment 1. There is a handling fee for the installment of the bill. The more installments, the lower the installment interest rate, and the installment fee is different from bank to bank. Regardless of whether there is a bill or not, the installment fee is calculated according to the installment interest rate. The bank encourages cardholders to pay by installments. If there is no economic pressure, it is best to repay in full. 2. Prepaid fees should be charged correctly. Most banks stipulate that once the credit card bill is divided into installments, if you pay the installment fee on a monthly basis, even if you repay it in advance, you still need to pay the fees for the remaining months.

How can Jiangsu Bank sue if it disagrees with personalized installment repayment?

If Jiangsu Bank does not agree to personalized installment repayment, you can bring a lawsuit to the local court and ask Jiangsu Bank to provide personalized installment repayment service according to your requirements. Before filing a lawsuit, you can file a written complaint with Jiangsu Bank and ask it to provide personalized installment repayment service according to your requirements. If Jiangsu Bank still disagrees, you can bring a lawsuit to the local court and ask Jiangsu Bank to provide personalized installment repayment service according to your requirements.