The policies for suspending interest rates and suspending accounts of major banks are as follows:

1. China Merchants Bank will not reduce or reduce the amount. The current arrears are divided into 36 to 48 installments and collection will be stopped;

2 , Shanghai Pudong Development Bank, part of the penalty interest liquidated damages will be exempted and can be divided into 36 to 60 installments;

3. Minsheng Bank, a down payment of RMB 10 is required, part or all of the penalty will be waived, and it can be divided into 48 to 60 installments;

4. China CITIC Bank requires a down payment of 5 to 10 yuan, no reduction, and can be divided into 48 to 60 installments;

5. China Guangfa Bank, no reduction, some handling fees, and can be divided into 24 to 36 installments ;

6. China Construction Bank, down payment of RMB 30, divided into 48 to 60 installments, no handling fee.

Legal basis: Article 70 of the "Regulations on the Supervision and Administration of Credit Card Business of Commercial Banks"

Under special circumstances, it is confirmed that the amount of credit card debt exceeds the cardholder's repayment ability and the credit card holder has If the cardholder is still willing to repay, the card-issuing bank can negotiate with the cardholder on an equal footing to reach a personalized installment repayment agreement. The maximum term of a personalized installment agreement shall not exceed 5 years.

The contents of the personalized installment repayment agreement should at least include:

(1) Arrears balance, structure, currency;

(2) Repayment Period, method, currency, date and repayment amount of each period;

(3) Whether annual fees, interest and other fees will be charged during the repayment period;

(4) Holding Cardholders shall not apply for a credit card commitment from any bank before all amounts related to the personalized installment agreement have been settled;

(5) Rights, obligations and liability for breach of contract by both parties;

(6) Other matters related to repayment.

If both parties reach an agreement and sign an installment repayment agreement, the card-issuing bank and its card-issuing business service agency shall stop collecting payments from the cardholder, unless the cardholder fails to fulfill the installment repayment agreement. If an oral repayment agreement is reached, the card-issuing bank must retain the recording materials. The recording data will be retained at least until the date of settlement of the debt.

What are the conditions for applying for suspension of interest payment?

1. The user has confirmed that the credit card debt exceeds his or her repayment ability;

2. The user has repayment Willingness to pay;

3. There needs to be a more appropriate reason.