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What does credit card reduction mean?
Financial assistance provided by credit card issuers to help borrowers. According to Article 14 of the Regulations on Unemployment Insurance, relief money refers to a kind of social security that workers get material help from the state and society while waiting for employment after temporarily losing their jobs and labor income. Credit card assistance refers to a kind of financial assistance provided by credit card issuers, financial institutions or related organizations to help borrowers alleviate the financial pressure caused by credit card debt. Usually, the credit card rescue fund is a temporary relief for borrowers who are in trouble and temporarily unable to repay their credit card debts.