1. 1. Before contacting the bank for negotiation, you must prepare the following information: overdue days, overdraft amount, credit card limit and temporary limit.
2. Secondly, call the credit card customer service of China Merchants Bank to explain your situation and express your willingness to repay by installments. You can simply explain the reasons for overdue, such as emergencies and income changes.
3. Third, communicate with customer service and ask if there is an option to repay by installment. At the same time, you can ask about the interest rate, handling fee and installment period of installment repayment.
4. If the bank agrees to repay the loan in installments, the customer service will inform the specific process and the required documents. You need to submit the application as required, and provide relevant supporting documents, such as bank flow and income certificate.
5. Ensure that the application and required materials are submitted on time, so that the bank can handle it in time, and repay the loan in the way stipulated by the bank before the installment repayment agreement is reached, so as to avoid further legal disputes.
Summary: China Merchants Bank can negotiate installment repayment with the bank if the credit card is overdue for more than 90 days, but be prepared for the overdue situation, contact customer service to consult the installment repayment option, and submit the application and required materials in time according to the requirements of the bank.
Extended data:
Banks may have slightly different policies on installment repayment, such as interest rate, handling fee and minimum installment amount. Knowing your bank's installment repayment policy in advance is helpful to better negotiate and choose the appropriate repayment method. At the same time, timely repayment and maintaining a good credit record are also important measures to avoid overdue.
Note: The above answers are for reference only. Please refer to the actual situation, consult the bank according to your specific situation, and get the most accurate information and suggestions.