1. First of all, the credit card itself is overdue. If you do what he says, your hole will get bigger and bigger. Pay more interest according to the minimum repayment amount, such as100000 yuan, and the remaining 90000 yuan will be calculated at five ten thousandths of interest every day, that is, 45 yuan every day. According to the collection form, another person will continue to collect you after this time.
2. If you do, you will be suspected of being cashed out by the bank.
As we all know, credit card cashing means that the cardholder does not withdraw cash through normal legal procedures (ATM or counter), but takes away the funds in the credit line of the card in cash by other means. Credit card cashing is illegal, and this behavior can be investigated for criminal responsibility according to the crime of credit card fraud caused by malicious overdraft. However, in life, many card friends are unable to repay their credit cards after overdraft, so they want to get the repayment of funds by cashing out. So for some card friends, the purpose of cashing out is to pay back the credit card.