Nowadays, many people have high consumption and many debts. Once they don't repay, they will be overdue. After the deadline, they want to negotiate with the bank. Someone asked, what is the longest period for banks to negotiate repayment? Then let's briefly talk about this problem for everyone, hoping to find it helpful after reading it.

What's the longest repayment period negotiated by the bank?

According to the new regulations on negotiated repayment of credit cards, users who are willing to repay but unable to repay can negotiate with banks on an equal footing and formulate a personalized repayment plan, which can last up to 60 periods, that is, 5 years.

However, according to users' feedback, there are very few applications for five years, and in the process of application negotiation, the effect of directly contacting bank staff is different from that of directly contacting outsourcing collection personnel. Generally speaking, the business personnel directly under the bank have greater authority to apply for negotiation, and users can apply for an extension of time, and the regulations of each bank are different.

In addition, in the process of applying for repayment by agreement, you can provide proof of your non-malicious overdue or materials that are difficult to repay, such as proof of poverty. Moreover, negotiating repayment is a long process, and users need to communicate with bank staff repeatedly. If there is evidence that it is the other party's problem, then it may be easier to negotiate.

The above is the answer about "the longest repayment period negotiated by the bank". Generally speaking, according to the regulations, it can be divided into five years at the longest, depending on the final result after consultation between users and banks. After all, applying for repayment by agreement itself requires both parties to "negotiate" repeatedly.