To put it simply, the operation of credit card repayment is that the intermediary agency repays the overdraft limit that is about to expire, and then brushes out all the repayment amount not long ago in the form of credit card consumption. In fact, it is to return it first and then brush it out. Some customers may have questions, can the money returned to the credit card be brushed out at the first time? The answer is yes; According to the current credit card regulations of major banks, as long as the customer repays, that is, as long as the customer's card is normal, the credit card limit will be restored. We can refund the credit card money on behalf of our customers, and we can brush it out immediately. In this way, you not only have repayment records, but also consumption records, plus some small consumption, which can make you increase your credit limit faster. And you can enjoy the interest-free period forever!
The essence of credit card repayment is like credit card cashing. Because credit card repayment now belongs to this gray area, laws and regulations do not clearly stipulate that it is illegal.
Matters needing attention
1. Please bring your ID card and credit card.
2. No segmentation has been carried out.
3. There is no overdue repayment.
4. Temporary quota has not been increased.
5. Repay before the repayment date.
(Note: Credit card repayment by Bank of Communications, China CITIC Bank and China Bank is not supported).
Limit cash converts credit card limit into cash through credit card consumption, with points and immediate withdrawal.
If your credit card limit has been used up, we can cash out your credit card at the designated merchant by stages, and the cash-out limit is equal to the consumption limit of your credit card (65438+ 0.5-2 times +0-5 times of other banks' 65438), which can be completed immediately and settled on the spot. Safe and fast, the lowest charge in the city.
Card custody, repayment on behalf of the bank-If you can't repay temporarily due to lack of funds but don't want to pay the bank interest and late fees, you can entrust the relevant unit to repay on behalf of the bank, which not only avoids the pressure of the bank to calculate interest on a daily basis, but also maintains a good reputation and increases the quota.
Repayment risk
Although credit card repayment has solved the urgent needs of credit card users, it also has certain risks.
After the credit card repayment agency repays the loan on its behalf, it requires the customer to repay the loan in cash when swiping the card. Of course, customers with risk-taking ability can still repay in time, but users with poor risk-taking ability should use credit card repayment service carefully to prevent inconvenience to themselves.
In addition, there are some unscrupulous vendors in the market who use low service prices to attract merchants to repay or swipe their cards, steal credit card information, and forge credit cards to illegally cash out. Therefore, when choosing institutions, we should choose formal reading materials.
The above is the legal knowledge about "credit card return process" introduced by China Travel Service. Bian Xiao. I hope it helps you. From the above knowledge, we can see that credit card repayment also has corresponding risks, so we should learn to avoid them. At the same time, China Travel. Com also provides online consulting services for lawyers. You are welcome to have legal consultation.
Disclaimer: This work is the integration of the author's knowledge of laws and regulations, government official website and the Internet. If the content is wrong, please contact the report to delete it.
Online consultation on official certification of platform creditor's rights and debts lawyers group
I am a team of platform creditor's rights and debts lawyers, and I am good at creditor's rights and debts law. You can consult me online if you have any questions after reading the article.
Selected recommendations of the editor-in-chief of Extended Reading
recommend
What is credit card cashing?
hot
What is the standard for filing credit card crimes?
hot
The process of applying for a credit card online
Still wondering after reading the article? It is recommended to consult the following expert lawyers.
Invited answering lawyer
Platform creditor's rights and debts lawyer team
Official account quick response service guarantee
What is the process of returning the credit card in an average of 3 minutes? Ask questions right away.
Creditor's Rights and Debts Lawyers in Dongcheng District suggest stricter certification.
Lawyer Xue
Reply that you have helped 1K people to evaluate 5.0 comprehensively within one day.
Good reputation
clock dial
Online consultation
Lawyer Jerry Lee.
In response, 25 people have been helped to evaluate 5.0 in one day.
Good reputation
clock dial
Online consultation
Lawyer of Beijing Changyun Law Firm
Response has helped 9K people evaluate 5.0 comprehensively in one day.
Experienced, good reputation.
clock dial
Online consultation
Lawyer Sun Liwei
Within one day of reply, 14 people have been helped to comprehensively evaluate 5.0.
Experienced, good reputation.
clock dial
Online consultation
Lawyer Xu Jing.
Response has helped 67 people comprehensively evaluate 5.0 in one day.
Good reputation
clock dial
Online consultation
Online legal consultation
99% problem solving rate, in-depth communication, and efficient online solution by 27w lawyers.
Lawyer Ye Zhi.
Extremely fast reaction
privacy protection
Professional answer
1 minute quick questions. Expect to reply in 2 minutes.
1 minute ago, users in Taiwan Province Province-Tainan used the online consultation service.
40 seconds ago-Shannan users used online consulting service.
43 seconds ago, Aral users in Xinjiang used online consulting service.
5 1 sec ago, Shanxi-Xinzhou users used online consulting service.
1 minute ago, Shandong-Yantai users used online consulting service.
1 minute ago, users in Weinan, Shaanxi used online consulting service.
1 minute ago, users in Heilongjiang-Daxing 'anling used online consulting service.
1 minute ago, users in Taiwan Province Province-Tainan used the online consultation service.
40 seconds ago-Shannan users used online consulting service.
16059 lawyer online
Everyone is asking.
99% problem solving rate
Hello, I applied for a loan on the online loan. The person behind me said that it had been decentralized and I had to pay 798 to get the account.
In-depth communication for 28 times 1 min. Lawyer Wang Yi answered and helped 7K people.
My wife and I signed a loan for someone else, and the lender ran away, saying that we borrowed a guarantor. I don't know. We didn't see any money. The plaintiff sued us and didn't know what to do.
High-quality reply and in-depth communication for 32 times for 5 minutes. Lawyer Yin answered and helped 283 people.
Hello, as an investor, I need a fair mortgage contract.
High-quality reply and in-depth communication for 20 times 14 minutes. Lawyer Wang Yi answered questions and helped 7K people.
Friends don't pay back the money they owe, and now they don't return any information.
In-depth communication 2 1 time 14 minutes Li Yuanyuan lawyer answers and helps 98 1 person.
You may have consulted too much. After all, on Monday, I will briefly talk about my situation. I was sued by Haier Consumer Finance on March 25th, and there were ten defendants in one batch. Mine has passed the statute of limitations, but the other party has lost the right to win the case. However, Haier's bad debts are linked to the credit report. Although you can win the lawsuit, you don't have to pay back the money. However, bad debts cannot be cancelled and must be repaid.
Deep communication for 29 times and 6 minutes. Lawyer Luo answered and helped 5 10 people.
More recommendations
What is the process?
Bill management 158 people read 20 17.05.27
How about going back on our word after entrustment?
Trusteeship 1W read 20 16.03.28.
What is the process of third-party payment?
Internet financial crimes 1K people read 20 17.07.5438+07.
What is the audit of equity holding agreement?
654 people read 20 17.07.04 about the company's equity transfer.
Recommend the lawyer team of Dongcheng District Credit Information Professional Platform for online consultation.
Strict certification platform supervision of practicing lawyers
Platform creditor's rights and debts consulting lawyer
What is the effectiveness of the equity holding agreement?
The share transfer of this company is 158 people reading 20 17.06.30.
Online lawyer platform guarantee
Rapid response has provided legal solutions for more than 50 million people, and the problem resolution rate is 99%.
16059 lawyer's instant online consultation.
What is the social security payment process?
Common sense is read by 9 people.
What is the process?
Common sense 158 people read
What is the specific process of paying social security in Shanghai?
Common sense is read by 36 people
What is the personal social security payment process in Zhuhai?
Common sense 120 reading
What is the payment process of individual social security in Shanghai?
Common sense is read by 30 people.
What is the specific process of paying personal social security in Shanghai?
Common sense 3 1 person reading
What is the credit card application process?
Common sense is read by 3W people.
What is the process of issuing special VAT tickets?
Audio that people read 1W
What is the processing flow of credit card arrears?
Audio 2K people read
Recommend the lawyer team of Dongcheng District Credit Information Professional Platform for online consultation.
Strict certification platform supervision of practicing lawyers
Platform creditor's rights and debts consulting lawyer
What is the process of credit card arrears surrender?
Common sense 806 people read
The problem is urgent? It is recommended to consult a professional lawyer.
27W professional lawyers get a quick reply in an average of 3 minutes.
Quick consultation
Local lawyer
Find a lawyer according to the problem
Beijing lawyer
Changchun lawyer
Changsha lawyer
Chengdu lawyer
Chongqing lawyer
Fuzhou lawyer
Guangzhou lawyer
Guiyang lawyer
Harbin lawyer
Haikou lawyer
Hangzhou lawyer
Hefei lawyer
Hohhot lawyer
Jinan lawyer
Kunming lawyer
Lanzhou lawyer
lawyer
Nanchang lawyer
Nanjing lawyer
Nanning lawyer
Shanghai lawyer
Shenyang lawyer
Shijiazhuang lawyer
Taiyuan lawyer
Tianjin lawyer
Wuhan lawyer
lawyer
Xi' an lawyer
Xining lawyer
Yinchuan lawyer
Zhengzhou lawyer
Credit card arrears lawyer
Financial loan lawyer
Loan contract lawyer
Security interest lawyer
Real estate debt lawyer
Payment contract lawyer
Default contract lawyer
Credit card collection lawyer
Private debt lawyer
Corporate debt lawyer
Personal loan lawyer
Loan default lawyer
Loan economic lawyer
Loan lawyer
Mortgage contract lawyer
Credit card arrears lawyer
Professional creditor's rights and debts lawyer
Guarantee recovery lawyer
Asset management lawyer
Private lending lawyer
Personal finance lawyer
Engineering arrears lawyer
Loan contract lawyer
Debt lawyer
China travel. Com to process the text of financial service credit information of through train
Login registration
Lawyer Ye Zhi.
Extremely fast reaction
privacy protection
Professional answer
Find a lawyer. Find a lawyer to learn knowledge
Report on Relocation of Harmful Information by Online Customer Service Privacy Protocol
20 14-2022 Hualvwangshu ICPNo.110/4096
home page
Find a lawyer
be online
What are the risks of credit card repayment?
Although credit card repayment has solved the urgent needs of credit card users, it also has certain risks [1]. After the credit card repayment agency repays the loan on its behalf, it requires the customer to repay the loan in cash when swiping the card. Of course, customers with risk-taking ability can still repay in time, but users with poor risk-taking ability should use credit card repayment service carefully to prevent inconvenience to themselves. In addition, some unscrupulous traders in the market use low service prices to attract merchants to repay or swipe their cards, steal credit card information, and forge credit cards for illegal cashing. Therefore, when choosing institutions, we should choose formal ones.
Is it risky to return a friend's credit card?
1, changing a credit card is still risky, and cardholders will face a large amount of credit card repayment, so it is easy to repay by credit card. When money is tight and it is difficult to repay on time, many people choose to pay back their credit cards.
2. As the name implies, paying back a credit card is to find someone else to pay back the loan and then brush out the amount, that is, pay it back first and then brush it. Paying back the credit card can not only avoid the bad credit record and the high interest generated by the minimum repayment amount, but also generate an additional transaction, which is helpful to increase the credit limit.
In fact, this is not allowed according to the bank's method, but because the law does not clearly stipulate that this practice is illegal, credit card repayment is currently in a gray area.
What effect does credit card substitution have on credit cards?
Frequently looking for credit card repayment agencies will affect the promotion amount of credit cards. Generally, when a credit card is used for repayment, the returned money will be directly brushed out after it arrives, and the entry and exit of funds will attract the attention of banks in a short time. If this happens frequently, the credit card may be frozen.
Credit card generation may also affect personal credit information. The deterioration of credit information has a wide range of influence, and the most direct impact is that banks will refuse to handle subsequent loans. Moreover, bad records will be kept for at least 5 years, and will disappear automatically after 5 years, and credit card agents may be delayed, resulting in overdue credit cards.
Credit card repayment must use formal channels and try to avoid using repayment agencies. You can borrow money from friends around you when you can't repay on time, but you should return it to your friends in time when you have money. You can't always borrow money to pay back your credit card, otherwise it will have a bad influence.
In fact, when individuals can't repay on time, users can use installment repayment or minimum repayment amount. Both repayment methods need to pay a certain fee, but the credit card will not be affected. It should be noted that the credit card agent also needs the cardholder to pay a certain fee. The more the agent pays back, the more the user pays.
Is it a crime to lend money to others to return credit cards?
1. Is it illegal to return credit cards for others?
It is not illegal to return a credit card. To the extent permitted by law, it is not a crime to return a credit card through normal procedures. It is a crime to help others repay their credit cards, but to achieve the purpose of repaying loans through illegal means. We should also pay attention to the laws and regulations of the country.
It is not a crime to return the credit card to others. This is a legal civil compensation act. Because returning someone else's credit card is a civil legal act negotiated by the parties, it does not belong to attribution, so it generally does not constitute a crime. If you engage in credit card activities, it will constitute a crime and be sentenced.
However, credit card repayment also has certain risks, because cardholders always have to pay more interest and handling fees, especially some credit card repayment platforms, which have higher handling fees, which will increase the repayment pressure of cardholders and lead to the inability to repay. At present, it is not illegal to return credit cards on behalf of others. Credit card repayment is a gray area, and laws and regulations do not clearly stipulate that it is illegal.
It is not illegal to repay by credit card. Credit card repayment institutions require customers to pay back the money in cash when they swipe their cards after paying by credit card. Of course, customers with risk-taking ability can still repay in time, but users with poor risk-taking ability should use credit card repayment service carefully to prevent inconvenience to themselves.
2. What is the method of credit card repayment?
1, the cardholder should find an agent or individual to pay the bill before it expires.
2. Then, the handling fee for reimbursement agreed by both parties is generally about 65438+ 0% of the reimbursement amount.
3. After the handling fee is agreed, the institution or individual will help the cardholder pay off the credit card bill.
4. Then brush out the same amount through the pos machine provided by the other party.
5. Finally, the cardholder pays the reimbursement fee to the reimbursement agent.
Credit card agency still has certain risks, so you must find a formal agency to avoid being defrauded of personal information and property.
It is not illegal to return the credit card, and the perpetrators will not be investigated for criminal responsibility. If the cardholder fails to pay off the arrears in the credit card, he needs to communicate with the issuing bank, explain the reasons for the overdue, show his financial situation, and go through the installment repayment procedures. If he can't do it, he can apply to the bank to change the billing date of the credit card and extend the repayment time.
Is it illegal to return the credit card?
It is legal, but it is a crime to operate a credit card illegally.
Because credit card repayment involves cashing and credit card repayment, cashing involves credit card consumption. In violation of the relevant provisions of the state, using point-of-sale terminal equipment (POS machines) and other methods to directly pay cash to credit card holders by fictitious transactions, false pricing, cash return, etc. If the circumstances are serious, it shall be convicted and punished for the crime of illegal business operation.
More relevant
The essence of credit card repayment is like credit card cashing. Because credit card repayment now belongs to this gray area, laws and regulations do not clearly stipulate that it is illegal.
Although credit card repayment has solved the urgent needs of credit card users, it also has certain risks.
After the credit card repayment agency repays the loan on its behalf, it requires the customer to repay the loan in cash when swiping the card. Of course, customers with risk-taking ability can still repay in time, but users with poor risk-taking ability should use credit card repayment service carefully to prevent inconvenience to themselves.
What are the risks of credit card handling and helping customers return their credit cards? Is it illegal? This concludes our introduction. I wonder if you found the information you need from it?