Sharing experience in using credit cards for more than 10 years

#creditcard达人show# I first opened a credit card around 2008, and the first card I applied for was the "He" card from China Merchants Bank Later, I switched to a Ctrip card, because I applied for it with an employee card, and the limit was only 3,000. The purpose of applying for the card was not for information, but because I like the beauty of the card (I like to collect all kinds of beautiful cards). Therefore, the credit card is seldom swiped and the limit is always very low. After that, I applied for CITIC card, Ping An card, China Construction Bank card, etc.

At that time, there was a craze for card applications in Shenzhen. On the streets, at subway entrances, and in residential areas, salespeople came to apply for cards. I heard a credit card salesman say that he could get tens of thousands in commission for applying for a card. , it’s so good, many of them are freshly graduated college students, and they have made their first pot of gold inadvertently. This also reflects the popularity of applying for cards at that time. As long as you provide social security or a work card, you can apply for a card, but the amount varies.

Such a frenzy to apply for cards means that many people are short of money. Many people around me apply for credit cards. Those with high limits are used to buy houses, pay off bank debts, and those with smaller limits are used to buy cars. For large items, the credit limit is small, and the card is used for daily expenses.

There are many people swiping their cards, and there are a lot of people who are still not able to recharge their cards. There was a case where my card was not repaid. I was still working as a business manager at China Life Insurance at that time, and I recruited a business person at that time. I just came to Shenzhen not long ago. I almost ran out of money and couldn't find a job, so I went to work at an insurance company. After he joined the company, he also applied for a card. When he applied for the card and filled in the information, he secretly used me as a guarantor. The person filled it in, and most importantly, he also filled in my phone number, which caused me a lot of trouble later. This guy stayed at the company for less than a month, and all his credit cards were maxed out. He left the company not long ago. , I received a phone call from the bank asking for repayment. It turned out that he never paid back the credit card after swiping it, and his contact number was also changed. The bank couldn’t find anyone to call for debt, so they came to me and kept calling and threatening me if I didn’t. If I cooperate, I will get a lawyer's letter. Although I know that his threats will have no effect on me, his constant harassment is annoying. Later, I blocked the phone directly, and then I don't know whether the bank has recovered the money.

< p>I would like to remind everyone not to be a guarantor easily to avoid unnecessary trouble. If you swipe your card, you should pay it back on time to avoid becoming a dishonest person and being blacklisted by the bank.

Based on my more than 10 years of card use experience, I summarize the following card use experience: 1. Use cards rationally and consume rationally; 2. When you need money urgently, applying for a credit card can solve your urgent need; 3. Card swiping procedures Pay back the money on time and don't be a dishonest person, otherwise it will cause trouble in your future life. 4. China Merchants Bank’s credit scores are very valuable. If you have high scores, you can exchange them for many good gifts.

That’s it for my sharing. Thank you everyone for reading and paying attention. If you think the writing is good, please give me a thumbs up [shake hands] [show appreciation] [applause]

Why do I do this? It is not good to have too many credit cards. I already have 8 credit cards. Let me tell you about my experience.

Why do I have too many credit cards? Why do I have too many credit cards? I already have 8 credit cards. Let me tell you about my experience. My experience with credit cards is not good. I already have 8 credit cards. Let me tell you about my experience.

I have been playing with credit cards for several years. From being a credit card novice, I now have a credit limit of more than 200,000, plus a reserve fund of over 1 million. .

Actually, I have eight cards, which is not too many. I often see people with more than a dozen credit cards. I don’t know why. They like to apply for so many credit cards. Some people say that More is money, more is a good thing, but I don’t think so.

Actually, I think if you are not a professional credit card player, you should basically have two or three credit cards, because even if you have a credit limit of 20,000 on one card, you can basically have two or three credit cards. A limit of 50,000 to 60,000. With this quota of 50,000 to 60,000 yuan, you basically can't spend that much in a month. Generally speaking, if you do, you can spend 4,000 to 5,000 yuan in a month, which is already great.

If you have too many cards, it will be difficult to control your shopping desire. Whenever you go shopping or go online and see something you like, you will be tempted to buy it, because everyone who uses credit cards has the same feeling. , it’s as if the money is not his own, and he can no longer control his desire to shop. If all of us pay in cash, we will feel a little hesitant when paying. This is why people who use credit cards can easily become the source of debt.

Some people say that if you have more cards, you can participate in some bank activities and get gifts.

In fact, I have participated in such activities, but many of these activities have conditions or time limits. I often go to grab movie tickets or Starbucks coffee coupons, but I have never been able to grab them. Therefore, most people apply for too many cards because they want to use them to get gifts, but I personally don’t recommend this.

And from the perspective of card maintenance, it is not easy to maintain if you have too many cards, and too many bank credit accounts are displayed on your credit report, which is also detrimental to future loans.

If you only have one or two credit cards to spend money on, you can choose one of the two to diversify your consumption. It is also very easy to increase the limit of these two cards.

And if you have too many cards, you won’t know which card to use when you go to consume, and you won’t be able to diversify your consumption, so it’s harder to maintain more cards than fewer cards. This is the reason why it is difficult to raise the limit despite having many cards.

So if you are really going to spend money as an individual, it is not recommended to have too many credit cards for you. Two or three will be enough.

I wonder how many credit lines you have applied for without knowing it?

The real experience of online credit card loan repayment, dedicated to those friends who are still confused

Credit card

1 quantity

Don’t have too many, three is enough. Too many will be troublesome in accounting, and you should pay attention when applying for a card. Many of them have US dollars and other accounts. Blind application will lead to many different account numbers on the credit report. I reached 63 accounts without paying attention before

2 quota

The quota applied by ordinary users is basically not high. Slowly using it will increase the quota. Be sure to pay attention to the use of temporary quotas. , because many banks’ temporary quotas cannot be repaid in installments after being used. If the temporary quota is exceeded, it will cause repayment difficulties

3. Repayment and overdue payment

a. Credit cards basically have a three-day repayment period. Remember Just make the repayment within the repayment period

bIf you forget to repay, as long as you repay before the next credit card bill date, it will only incur interest and liquidated damages, and will not be reported to your credit report

c If interest and liquidated damages accrue, remember to call customer service to apply for a refund after repayment. Generally, it will be refunded. If you don’t call, it will definitely not be refunded to you

d. Don’t worry too much about repeatedly swiping your card and paying back again. Banks such as Shanghai, Minsheng, and ICBC are very durable. For some shady banks, don’t pay it all at once. For example, if the bill is 100 yuan, you pay 99.9 yuan first. This can avoid the immediate reduction after the payment. (Guangfa, Ping An, and CITIC like to do these things the most, everyone must pay attention)

After the e is overdue, you must at least be willing to pay it back a little bit every month, and express your attitude and determination. It's not that I won't pay it back, it's If you don’t have the money, you can’t afford it

Selection of credit card machines

a It’s best to have two card machines and use them interchangeably. The bank will know that you are cashing out, and as long as you don’t go overboard, there will be no problem< /p>

b Try to choose a big-name credit card machine, and prepare a facial payment software for temporary use. I now use two big machines, one for facial payment, and the limit has never been reduced in several years

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Online Loan

1 The kind of 7.14-day loan on the Internet clearly tells you that you don’t have to repay it at all. From my own experience, the most people can call is your address book. Think about it, It's worth it for a platform to pay you three to five thousand yuan and just call your address book. No matter what he says, don't go and meet him. You will win. After you experience it, you will find that kind of platform. It’s too little for you to use

2 larger online platforms

The money on these platforms is not like 7.14. You basically can’t rely on it, but you can apply for repayment at the interest rate stipulated by the state. If you don’t agree with the payment, you won’t pay it back. Naturally, someone will come to negotiate with you

In the next issue, I will share how to deal with debt collection

That’s it for the introduction of credit card experience.