If the bank is still unwilling to communicate, we can follow Article 70 of the Measures for the Supervision and Administration of Credit Cards of Commercial Banks. According to the latest policy, debtors can pay in up to 60 installments. Even if 60 installments are not paid, they can still get it. Repayment plan of 24 and 36 installments. This can also reduce the burden on debtors.

First of all, the user needs to figure out the reason why the other party disagrees, and whether the two parties failed to reach an agreement on the solution.

For example, some users hope that they can directly repay only the principal, and all other interest, liquidated damages, handling fees, etc. will be exempted. However, many banks will not agree to this request.

1. The impact of overdue credit card:

1. If the credit card is not repaid on time, liquidated damages will be incurred, which is usually 5% of the minimum repayment amount and the unpaid part.

2. If the credit card is not repaid on time, high interest will be generated, and the interest will be compounded. If the debt is large, the interest will be a lot.

3. Overdue credit records will be stained, resulting in the inability to handle financial needs such as house purchases and loans within the next two years.

4. If the payment is overdue for more than 3 months, and the amount exceeds RMB 10,000, and the bank has failed to pay multiple reminders, you will not only have to bear the repayment, but may also bear criminal liability.

2. Precautions for overdue credit cards:

Cardholders should pay special attention to the last repayment date of their credit card, which is the last day of the interest-free repayment period. Here Previous repayments were interest-free. If overdue, all consumption payments will no longer enjoy the interest-free repayment treatment. The bank will calculate interest on a daily basis based on the consumption amount as the principal from the day of consumption. The daily interest rate is 0.05%, calculated on a monthly basis. Compound interest will be charged and late payment fees will be charged.

Credit card late payment fees refer to the situation where the cardholder’s actual repayment amount is lower than the minimum repayment amount on the due date of the credit card, and the cardholder must pay late payment fees for the unpaid portion of the minimum repayment amount, which is generally the minimum payment amount. 5 of the unpaid portion of the repayment amount, but due to different policies of each bank, the minimum amount set is also different.

People without financial income, such as students, should not apply for a credit card easily. Even if they do not use the credit card, they still have to bear the annual fee and other items. People who hold credit cards should give up using their credit cards and go through the card refund procedures in a timely manner. Otherwise, various credit card fees and subsequent interest, late payment fees, etc. will lead to personal economic losses and reduced credit, which will affect mortgages, car loans, etc.

Credit card repayment information will be recorded by the central bank's credit reporting system on a rolling basis for 24 months. That is to say, bad credit records caused by overdue credit card repayments will be kept in the credit reporting system for two years. If terminated with a card, the corresponding records will no longer

scroll, but will be saved for a long time. Therefore, after overdue repayment of a credit card, it is best not to cancel the credit card immediately after paying off the debt. Instead, you should insist on using the card for more than two years and keep your credit in good condition during the period. In this way, you can rely on rolling records to remove bad records from your credit report. Remove it from the system.