What are the requirements for personalized installment and what are the requirements for personalize

1. First of all, contact the bank, take the initiative to explain your situation, express your willingness to repay, and inform the bank to apply for personalized repayment. 2.Banks generally do not allow customers to handle this business, customers should contact the bank every few days to make it clear that they will insist, the bank will see the customer's insistence, and will also give opportunities.

3. The customer needs to prepare the materials required by the bank, and negotiate with the bank on the repayment period and the reduction amount.

4. Wait for review, generally this process is relatively long, and customers need to wait patiently. After approval, the customer can sign an electronic agreement and a paper agreement with the bank.

Further information: The conditions for personalized installment payment of credit cards are as follows: 1. The cardholder is willing to repay, so the applicant has carried out real-name authentication for the mobile phone number.

And the verified mobile phone number has been used for more than 6 months, and the applicant should also agree to read the mobile phone address book.

2.Cardholders have the ability to pay in installments.

3. Reach a personalized installment repayment agreement with the bank. Personalized credit card installment means that the credit card is overdue, and the overdue penalty interest is incurred, and the customer is unable to fulfill the repayment obligation, so the customer negotiates with the bank to reformulate the installment repayment agreement that suits his or her own economic situation. 4.

The applicant is at least 23 years old but under 60 years old, and is a person with full capacity for civil conduct.

4.Before preparing to apply, you need to figure out: how many credit cards you have, how much each card is limited, how much card debt you have, how much personal income you have, and how much you expect to spend on repayments each month; what is the overdue amount and timing of each bank, and how the bank reacts; A simple analysis, which bank can settle first and which should be negotiated in installments.

5.Who to apply for consultation, find the bank to supervise, the institution generally has the longest installment authority, find an outsourced third party to collect, the other party's authority can generally be divided into 6 installments, the four major banks are more difficult to apply than commercial banks, in case the other party loosens, prepare materials as required, such as poverty certificates. In the process of phased negotiation and approval, it is very likely that it will not be passed, mainly for the following reasons:

The bank suspects that you are unable to repay the loan, and you will overdue after the instalment; Banks are reluctant to do so due to reduced profits; I don't know my situation.

6.inability to meet requirements; Users who are not overdue should not attempt it. If the progress goes well, it is generally to apply for negotiated repayment, receive the information provided by the bank as required, and wait for the result of the notice from the bank for the second time.

Cardholders should be aware of the number of repayment terms, repayment amounts, and interest reductions in the new repayment plan, while making audio recordings, and signing electronic and paper agreements as required.

Personalized installment requires conditions such as willingness to repay, real difficulty in repayment, and evidence of ability to repay.

The long ones can be divided into 60 installments.

This will reduce a lot of repayment pressure.

Personalized installment conditions for credit cards: 1. The credit card has expired; 2. The cardholder is unable to repay; 3. The cardholder is willing to repay. According to 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.

1. To apply for personalized installment, the applicant must be over 23 years old and less than 60 years old, and the applicant should be a person with full civil capacity;

2. The applicant should have a stable job and income, stable economic conditions and sufficient repayment ability.

3. The cardholder has overdue payment, but still cannot settle it at one time;

4. If the applicant has carried out real-name authentication of the mobile phone number, and the verified mobile phone number has been used for more than six months, the applicant should also agree to read the mobile phone address book.

The bank's review of personalized installments will be particularly strict, and only users who really meet the conditions will be approved for application.

Personalized credit card installment means that the credit card is overdue, and the customer is unable to fulfill the repayment obligation, so he negotiates with the bank to reformulate the installment repayment agreement that is in line with his or her own economic situation. In order to be successful, the premise is that the customer does not have the ability to repay, and not deliberately fails to repay the loan. If the bank penalty interest customer still has the ability to repay the loan and deliberately fails to repay the arrears, it will naturally not agree to the customer's installment application.

In addition to this, customers should also have an active willingness to repay. If the bank fails to respond to repeated reminders after the deadline, or even cannot contact anyone, the bank is likely to sue the customer, let alone negotiate repayment.

And if the credit card has not expired, it is natural that you cannot apply for personalized installments. However, if you find that you are unable to pay off your bill in full and on time, you can apply for a bill instalment before the repayment date, so as to alleviate the repayment pressure (the instalment part will start to be repaid in installments from the next month), so as to avoid overdue and personal credit damage due to overdue.

1. The cardholder is willing to repay, so the applicant has carried out real-name authentication of the mobile phone number, and the verified mobile phone number has been used for more than six months, the applicant should also agree to read the mobile phone address book; 2. The cardholder has the ability to repay the loan in installments; 3. Reach a personalized installment repayment agreement with the bank. Personalized credit card installment means that the credit card is overdue, and the customer is unable to fulfill the repayment obligation, so he negotiates with the bank to reformulate the installment repayment agreement that is in line with his or her own economic situation. 4. The applicant is over 23 years old and less than 60 years old, and the applicant should be a person with full civil capacity.

Legal Analysis: Personalized installment is Article 70 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks.

Legal basis: Measures for the Supervision and Administration of Credit Card Business of Commercial Banks Article 70 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 card-issuing bank may negotiate with the cardholder on an equal footing to reach a personalized installment repayment agreement. The maximum term of a personalized installment agreement may not exceed 5 years.

The content of the personalized installment repayment agreement shall include, at a minimum: (1) the balance, structure, and currency of the arrears; (2) the periodicity, method, currency, date and amount of repayment in each installment; (3) Whether annual fees, interest and other fees are charged during the repayment period; (4) The cardholder shall not apply for a credit card from any bank before the relevant amount of the personalized installment repayment agreement has been fully settled; (5) the rights and obligations of both parties and the liability for breach of contract; (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 institution shall stop collecting the cardholder, except in the case where the cardholder fails to perform the installment repayment agreement.

If an oral repayment agreement is reached, the issuing bank must retain the audio recordings. The recording materials shall be retained for at least until the date of settlement of arrears.

Personalized staging needs to talk about the following:

1: How many credit cards do you have, how much limit and total liabilities do you have?

2: Personal situation at this stage: how much money do you have, and how much money will you repay each month in the future?

3: How long is the credit card overdue for each bank, and the overdue time processing steps and strategies are different?

4: Make an analysis, which credit card to repay first, which credit card to repay the principal, which credit card to negotiate installment repayment, and how many installments can be repaid?

According to 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 card-issuing bank may negotiate with the cardholder on an equal footing to reach a personalized installment repayment agreement. The maximum term of a personalized installment agreement may not exceed 5 years.

Extended information: The official definition of personalized repayment is that if the principal and interest of the loan are not repaid on time due to personal reasons in the subsequent repayment date, the bank has suspended the accounting processing of interest calculation on time for the needs of management, and posted the balance and interest of the outstanding amount to the account for later processing.

Usually, the suspension of interest has been carried out to indicate that it has gone through the collection link, and the reminder is fruitless, and the bank has no choice but to suspend the interest and hang the account, which often indicates your personal credit.

It has been affected, and may affect the borrower's subsequent loans, pretending to buy a car and a house, etc. We have to understand a truth, the bank does not have the business of stopping interest and hanging accounts, you call the bank customer service ** to apply for personalized installment, and you get the answer that there is definitely no such business.

Personalized Installment Repayment Process:

1: Apply for negotiated repayment.

2: Receive the bank**, and submit the information according to the bank's requirements.

3: Second wait**.

The bank informs whether the application is successfully negotiated for repayment, and then we need to know.

The number of repayment periods, the amount of repayment, interest reduction, and the recording of the record?

4: Sign a plan.

Recordings, electronic agreements, paper agreements.

Operating environment: Apple 12, iOS 14

1. Two premises.

The two prerequisites for personalized installment are: one is "special circumstances", and the other is "confirming that the cardholder has insufficient repayment ability and willingness to repay".

2. Negotiate on an equal footing with the bank, which is the bank's right, not obligation. The provisions of the Measures are not the only thing that forces banks to agree to negotiate, and the agreement between banks and cardholders is required to reach a personalized installment.

3. It is not necessary to divide 5 years into 5 years, which is the longest period that can be installed, rather than forcing the bank to agree that the period of installment must be 5 years, and if the bank agrees to installment, it has the right to choose between 2 and 60 installments.

4. The annual fee, interest and other fees charged during the period of interest-free repayment are determined by the bank and the cardholder through negotiation, that is, the so-called "interest-free account" is not required by the bank.

5. Priority shall be given to the application of the Civil Code and other laws.

The measures are departmental rules, and their legal rank is lower than that of laws and administrative regulations. If the cardholder is overdue, if the bank sues the court to demand the cardholder to repay the outstanding amount, it shall take precedence over the relevant provisions of the applicable law, including the provisions of the contract section of the Civil Code. If the Civil Code applies, then the cardholder should repay the loan in full, including the principal, interest, fees, liquidated damages, etc., and if the bank sues, the cardholder should also bear the legal costs.

The law is cold, the contract is enforced as it is agreed, and as long as the contract is not in question, the cardholder should perform the contract. The reduction of installments is to take care of the special circumstances of the cardholder, and the cardholder cannot take the reduction of installments for granted.

1.The cardholder is willing to repay; 2.The cardholder has the ability to repay the loan in installments; 3.

The cardholder is overdue and cannot settle it all at once. It should be noted that personalized installment is equivalent to stopping interest and liquidated damages, which is a loss for the bank. Therefore, the general bank will strictly review the financial status of the cardholder, and only users who really meet the criteria can apply through personalized installments.

Negotiate repayment with the bank first of all to prepare for a protracted war, that is to say, you must ensure that you have a stable income in the next few 3-5 years, and be able to repay the amount of each installment after negotiation every month, for example, the overdue principal and interest of your credit card is a total of 50,000 yuan, and it will be repaid in 60 installments after negotiation, which means that you have to change 834 yuan every month, and continue to repay for 60 months, that is, 5 years, and cannot be overdue. The bank will most likely sue you or report the fraud to the police.

Is there only one overdue credit card, and the installment time is not at the time you are satisfied with, just now we said that a credit card is divided into 60 periods, this is just an example, it may only give you 40 installments, or even shorter, and today's people's credit card is not one, or the overdue credit card is not one, the credit card in your hand is added up to stop repayment, can you bear the total amount of monthly repayment installments?

The supporting materials required by each bank for credit card installment are different, such as unemployment certificates, hospitalization documents, etc., do you really have these?

Personalized staging affects credit reporting:

1.Judging from the bank's regulations, personalized installment is actually a suspension of interest. In general, personalized installment will affect credit reporting.

The personalized instalment form is designed to allow the borrower to repay the loan as much as possible, but it does not change the nature of the overdue one, so the overdue record will continue to be recorded until the outstanding amount is paid off. It should be noted that the overdue credit card and loan are the factors that have the greatest impact on personal credit, and the overdue information will continue to be retained for 5 years after the overdue payment is paid off.

2.In general, overdue credit cards not only affect credit reporting, but also face collection and additional interest. Therefore, when you are unable to repay the loan, you can effectively reduce the impact of overdue installment by proposing personalized installment to the card issuing bank.

The required conditions are: 1. The credit card has expired. 2. The cardholder is unable to repay;

3. The cardholder is willing to repay. In the case of special knowledge, the cardholder can negotiate with the card-issuing bank on an equal footing to reach a personalized installment repayment agreement to confirm that the amount owed by the credit card exceeds the cardholder's ability to repay, and the cardholder is still willing to repay.

It should be noted that the personalized installment repayment agreement is not a specific business of the bank, but the result of negotiation with the bank when the credit card is overdue and unable to repay.

A personalized installment repayment agreement refers to an installment repayment agreement reached between the issuing bank and the cardholder if it is confirmed that the amount owed by the credit card exceeds the cardholder's ability to repay under special circumstances, and the cardholder is still willing to repay.

Finally, it is necessary to prepare a reasonable repayment plan, reasonably set the installment time limit according to the repayment ability, negotiate with the bank, and after the two parties reach an agreement and sign the installment repayment agreement, the cardholder only needs to repay according to the new repayment plan.