Online entrusted negotiation repayment is mostly fake. There has been a lot of information on the internet under the slogan of "professional intermediary, professional negotiation and repayment, and professional handling of overdue loans". When the credit card bill is overdue, many users will find these intermediaries with luck and ask if it is possible to help users negotiate repayment by installments with the bank. In fact, nine times out of ten such information is false. Banks do have personalized installment repayment service, but this is based on the premise that users have certain repayment ability, and there are force majeure factors during the overdue period, such as bankruptcy, early deposit and serious illness. The above is the content of online entrusted negotiation repayment.

The meaning of negotiated repayment

Agreement repayment means that when an individual is unable to repay the loan from a bank or financial institution, he needs to negotiate with the bank or financial institution to repay the loan in installments. Many banks negotiate repayment by installments, and many banks can only repay the principal, exempt from all interest and liquidated damages, and can repay the principal in 60 installments at most, that is, in five years. Negotiate repayment for five years according to the provisions of Article 70 of the Measures for the Supervision of Credit Card Business of Commercial Banks. Under special circumstances, if it is determined that the amount owed by the Bank's credit card exceeds the cardholder's repayment ability, and the cardholder still has repayment intention, the issuing bank can reach a humanized installment repayment agreement through fair negotiation with the cardholder, with the longest period not exceeding five years.

Does the agreed repayment have an impact on credit reporting?

If the user asks the bank to negotiate overdue repayment, the previous overdue bad credit record has already occurred and cannot be revoked, which will have a negative impact on personal credit information; If the user explicitly asks the bank to negotiate the repayment demand and settle the arrears before the deadline, it will not have a negative impact on personal credit information. However, even if the arrears are settled through negotiation, the user is still an untrustworthy customer for the bank, and the approval will be stricter when applying for loans in the later stage, and the probability of next repayment will be reduced. This paper is mainly about online entrusted negotiation repayment. Really? The content is for reference only.