Use credit cards well, and you can make money. It will cost you money if you don't make good use of it. So, how do you define yourself as a slave? What does credit card slave mean?

Card slave, also known as the card debt family, refers to the person who overdraws with a credit card and bears a high card debt. The monthly salary or income can't share this part of the expenditure equally, so he can only pay a part of the amount in the down payment, and then he needs to pay cyclic interest, liquidated damages, handling fees, etc. Financial institutions, his personal financial turnover is not working.

Kanu characteristics:

1, too many credit cards. The number of cards exceeds 6.

2. The consumption and credit limit of each card are very high. The average monthly consumption exceeds 60% of the credit card limit.

3, the overdraft limit is very high, robbing Peter to pay Paul, barely paying the credit card debt according to the minimum repayment amount.

Kanu classification:

1, active card slave: credit card as a financing tool, such as doing business, buying a house, and trading stocks.

2, passive card slave: there is a certain income, credit cards are mainly used for consumption, and liabilities are mainly impulsive consumption.

Viewpoint:

1. In order to prevent the "card slave" from advancing wave after wave, the Shanghai Banking Regulatory Commission requires banks to strictly control excessive credit granting, and impose excessive credit on family members of Shanghai card slave, and impose a fine of 2.4 million yuan on them. I believe this regulation will soon promote the whole credit card industry.

2. Be sure to use the card rationally and stay away from the card slave.