Stop payment means that the credit card holder is temporarily unable to repay the debt after the deadline, and re-enter into an installment agreement with the bank; At the same time, the fixed amount and temporary amount in the card will be reorganized in two stages and repaid on time every month. Stop payment means that the credit card holder is temporarily unable to repay the debt after the deadline, and re-enter into an installment agreement with the bank; At the same time, the fixed amount and temporary amount in the card will be reorganized in two stages and repaid on time every month. The debtor stops paying interest and only repays the principal, which is very friendly and can apply for five years at the longest.

Legal basis:

Article 70 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks: Under special circumstances, if it is confirmed that the amount owed by the credit card exceeds the repayment ability of the cardholder and the cardholder is still willing to repay, the issuing bank may negotiate with the cardholder on an equal footing and reach a personalized installment repayment agreement. The maximum term of personalized installment repayment agreement shall not exceed 5 years. " Once the interest payment is stopped through negotiation with the bank, there will be no additional penalty interest and liquidated damages, and no longer be troubled by collection, as long as the agreed amount is repaid monthly. At the same time, after several years, the stain on credit information will disappear.