How to handle the suspension of interest and how to stop the account

As long as the user calls the bank's customer service** and directly applies for interest-free accounting. However, the interest suspension account can only be applied for if the credit card is overdue, and cannot be applied for before it is overdue. If the credit card is not overdue and the user can avoid the overdue minimum payment, then it is best to choose the minimum payment as it will not affect personal credit.

Apply for interest suspension is to take the initiative to contact the bank after the overdue, and take the initiative to explain their own situation, they want to handle this business, but the general bank will not pay attention to everyone, and will inform everyone that there is no business, at this time everyone has to insist, every two days and then hit **, if there is still no satisfactory reply, then you will have to complain, the content of the complaint and the content of your own bank is basically the same, after the complaint will generally be within a few days the bank will contact you, but generally the same reply, At this time, we must show our attitude, and make it clear that they will insist, many banks may not be able to stand the compromise, but some will insist, you can continue to complain, and finally there are many things after the bank compromise, the first is to negotiate the details and other issues, the general time will be relatively long, we need to be patient enough, generally a few months or even half a year. It should be noted that even if the application for interest suspension is successful, the credit card has already generated an overdue record, which will lead to poor personal credit and will not be able to handle other credit business in the future. Extended Information What does it mean to suspend interest on credit cards Credit card interest suspension actually means that after the credit card is overdue, the cardholder can negotiate with the bank to make the arrears no longer generate revolving interest.

The original interest will not be eliminated, and will still be linked to the cardholder's account together with the principal of the arrears, and the cardholder needs to negotiate with the bank on how to repay the principal and interest of the arrears. If the cardholder feels that the amount owed by the credit card is beyond the scope of his or her ability to repay, he or she can contact the bank to apply for interest suspension. If the bank agrees, the cardholder can negotiate a new repayment plan with the bank, and then pay off the outstanding amount of the card according to the new repayment plan.

1. Call the bank's official customer service** to make an appointment for repayment; 2. Make an appointment at a bank branch to apply for interest suspension; 3. Negotiate the suspension of interest at bank outlets, emphasizing their willingness to repay and the current predicament; 4. After the negotiation, sign a new repayment agreement, and you can get the operation of the bank to suspend interest and hang the account; 5. If the negotiation fails, apply through legal channels.

Obviously, the bank will not easily agree to the debtor's interest suspension, but how can you know if you don't do a lot of things? Call the bank more often to negotiate and entrust a third-party institution to negotiate, but the premise is that we need to show sincerity, and it is possible to apply for a successful interest suspension account.

First, in the face of collection can not escape, between the cardholder and the bank collection between the ** are recorded, if the cardholder itself during the collection, bad language, lying, loss of contact, etc., then then you apply for interest suspension The probability of hanging the account is greatly reduced.

Second, explain the actual situation, don't let the bank not collect from you, you should take the initiative to contact the bank, explain your current economic situation, unemployment status, family difficulties, etc. Let the bank also really feel the difficulties of cardholders.

Third, take the initiative to contact the bank, put forward the demand for interest suspension and installment, and clearly tell the bank how much you earn, how long you can start repaying, how much you can repay, how many installments you want, remember not to open your mouth and say some unrealistic words, such as you owe 10,000 yuan, you say you want to repay it in 60 installments, which is unrealistic, and the bank is also disgusted.

Suspension of interest means that the borrower fails to repay the principal and interest of the loan on time for some reason, and the bank suspends the accounting of interest on schedule, and the balance of the loan and interest owed are left on the books (i.e., hanging on the account) for later processing.

The legal basis for the suspension of interest and hanging accounts is in accordance with 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 cardholder's ability to repay, and the cardholder is still willing to repay, the issuing bank may negotiate with the cardholder on an equal footing to reach a personalized installment repayment agreement.

Even if the application for interest suspension is successful, the credit card has already generated an overdue record, which will lead to poor personal credit and will not be able to handle other credit business in the future.

Question: If you can't repay the loan, can you only change the principal without interest?

Answer the most appropriate method, you can negotiate with the customer to repay, whether the negotiation is successful depends on yourself, if you do not repay, it will affect your personal credit, in serious cases, they will sue the bank and freeze your bank card.

Throughout, the economic impact of the pandemic is one of the issues that we cannot ignore, and it is one of the problems that the country has always wanted to solve. Since the outbreak of the pandemic, the overdue rate of credit cards and loans has been rising. In order to reduce the rate of bad debts, banks allow credit card interest-free installments.

So, how to handle the credit card interest-free installment.

How to handle the interest-free installment of credit card interest-free account.

Cardholders who want to apply for a credit card interest-free installment need to take the initiative to contact the card issuing bank. Inform yourself that you want to repay the credit card debt, but due to force majeure factors, you are currently unable to repay, so you can only apply for a credit card interest-free installment. The cardholder then needs to provide the bank with a suitable explanation that the credit card bill cannot be repaid due to certain external factors.

For example, the cardholder suddenly lost his job, or suffered a serious illness.

In general, this method of suspending interest is best for many debtors whose credit cards are overdue and temporarily unable to repay. At present, most banks will handle the credit card bill for cardholders who are really beyond the cardholder's ability to repay.

The user needs to meet the conditions for interest suspension, such as financial difficulties that lead to inability to repay on time, but the user is still willing to repay, and the user has a good attitude and does not avoid collection, then the user can apply for interest suspension. The suspension of interest here is actually the user's application for negotiated repayment and signing a personalized installment repayment agreement with the bank.

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To handle interest-free accounting, as long as the following four points are met.

The method is as follows: 1. Show your willingness to repay, and apply for interest suspension is often your willingness to repay, but you have no ability to repay in the near future, and you don't want your credit card to be overdue, so you will apply to the bank for interest suspension. There will be no penalty interest after applying for interest suspension, and you can negotiate a new repayment plan with the bank's customer service staff to pay off all the arrears.

The cardholder must take the initiative to contact the bank's credit card customer service, express his willingness to repay, inform the other party that he is in financial difficulties and cannot afford to repay the credit card, and apply for interest suspension.

2. Usually, after receiving the debtor's **, the customer service will reject the debtor's application for interest suspension, and it often takes multiple calls to negotiate a new repayment plan. For banks, if the debtor does not repay the loan for a long time, then the funds owed may become bad debts of the bank, and corresponding policies will be formulated, and customers who meet the conditions can apply for interest suspension.

3. After many calls between the debtor and the bank credit card customer service staff, the customer service staff will help the debtor apply and negotiate the latest repayment plan. For example, if the overdue amount of the credit card is repaid in 12 installments, and the handling fee generated by the installment can be waived, then the debtor only needs to repay the principal, so that the amount of repayment per month is reduced and the repayment pressure is small.

4. Finally, the debtor needs to repay the loan according to the latest repayment plan negotiated by the suspension of interest and hanging accounts, and must not be overdue, which will directly affect personal credit reporting, and will also charge high penalty interest.

Application conditions for interest-free accounting:

1. The user has confirmed that the credit card debt exceeds his ability to repay;

2. The user is willing to repay;

3. There needs to be a more appropriate reason.

The benefits of interest-free account hanging are:

1. Reduction or exemption of penalty interest.

If the user applies for interest suspension through active communication with the post-loan customer service of the lending institution after the user is overdue, part or even all of the penalty interest can be reduced, which can reduce the user's repayment pressure to a large extent.

2. Stop. After applying for interest-suspension, the remaining principal of the user's outstanding will no longer generate interest, and the user only needs to repay the remaining principal of the loan, and no interest will be generated outside the payment, which can help the user reduce the repayment pressure and pay off the arrears as soon as possible.

3. No longer collected.

As long as the loan is repaid on time, the collectors of the lending institution will no longer urge the user to repay the arrears by playing ** and other methods, which can also reduce the mental pressure of the user.

4. Will not be prosecuted.

If the user communicates with the customer service of the lending institution in a timely manner after discovering that he is overdue, explaining that he is overdue because of the problem of capital turnover, and does not deliberately fail to repay the money, so that the two parties reach an agreement to suspend interest and hang the account, and then repay the loan on time, the user will not be sued by the lending institution because of the overdue. <>

Personal interest-free accounts need to call the bank's customer service center first.

Be sure to distinguish between the bank's call center and third-party collection, many people don't pay much attention to this.

Third-party collection has only one purpose, to find ways to make you repay and maximize its profits, so don't believe any promise of third-party collection.

Therefore, don't find the wrong main unit for negotiation and repayment, the main unit is wrong, then the negotiation is an empty word, and it is not pleasing to contribute.

To the credit card customer service center **, there should be skills and ideas, you also need to scrutinize the language many times, of course, the idea is more important than the language.

How to apply for interest-free account is as follows:

There are four main steps: (take the iPhone 8 phone as an example, based on the iOS 12 operating system).

1. Apply for negotiation: Call the bank's customer service** to learn the details of the repayment you need to repay, such as the repayment amount, principal, interest and other fees. According to these contents, combined with their current repayment ability, they can apply to the bank for interest suspension and negotiation, and negotiate the specific details, it is understood that the cardholder can divide the arrears into up to 60 installments.

Generally, it is not more than 3 billing days to negotiate, if it is more than 3 months, it will be more difficult to negotiate.

2. Wait for the return visit and submit the information: After submitting the application, you need to wait for the bank to return to the bank, the waiting time is long and short, and submit the information according to the requirements of the bank, we can prepare the relevant certificates in advance according to the reasons for their overdue such as unemployment, illness, etc., so as to save time.

3. Wait for the second return visit: After the review, the bank will inform you whether the application is successfully negotiated for repayment. If the application is successful, we need to understand the number of repayment periods, repayment amount, interest waiver, etc., and make a good recording.

4. Signing plan: The main ways to sign the interest-free account are recording, electronic agreement or paper agreement. Generally, commercial banks are in the form of recordings, Ping An Bank generally uses electronic agreements, and China Industry and Agricultural Construction Post generally adopts paper agreements, but they are also very flexible, both online and offline.

You also need to consult the bank's customer service for specific situations.

The relevant staff said that they would convey it to Tan Qiao.