This is because:

1. Lending a credit card to a friend violates the bank's regulations on the use of credit cards. Once discovered by the bank, the card may be frozen by the bank at any time and be required to pay all the arrears immediately. Even if it is not discovered, you have a credit loan relationship with the bank. Although the party who swiped the card is a friend, according to the principle of relativity of contract, Mr. Li is still obliged to pay off the loan from the bank. If it is overdue, he will have to pay high interest and late fees, and may also bear criminal responsibility. The criminal law specifically stipulates two charges of credit card crime, namely, the crime of obstructing credit card management and the crime of credit card fraud. If the crime is serious, the maximum sentence is life imprisonment. According to the latest judicial interpretation, if a bank refuses to repay after two reminders, it may be investigated for criminal responsibility for credit card fraud.

2. Lend your credit card to others, but the civil act of borrowing by both parties still has legal effect, and you have the right to ask your friend to repay according to the contract. Therefore, after urging your friend to repay the loan is invalid, you can file a civil lawsuit according to law and apply to the court for property preservation measures. But in order to avoid the risk of being investigated for criminal responsibility, you should pay off the debts of the bank before suing, and then let your friends repay you directly.

3. You can consider using credit card overdraft to lend money to your friends.

You can lend money to your friends.

The best way is to lend money to a friend and ask him to provide property guarantee.

Credit card use is risky, so you must be cautious in lending! Lending is also risky and must be highly vigilant.