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Is it illegal to repay each other with two credit cards?

Repaying each other with two credit cards is a cash out, which is illegal because the purpose of doing so is to avoid bank supervision and taxes, and it can easily cause certain financial risks. It is recommended that everyone understand the relevant laws and regulations of credit cards when using credit cards, choose a regular credit card institution, and use credit cards sensibly to avoid excessive consumption and high overdrafts.

Now is the era of credit. Once credit is stained, many things will be difficult to achieve. Online loans are the source of big data. Once the big data becomes chaotic, it will be classified as a high credit risk, thus affecting credit reporting and life restrictions. People who don't understand credit reporting and big data can check their credit data in "Blue Ice Data" to understand their credit data, loan records, risk status, etc. It is recommended that everyone pay attention to protecting their big data credit records.