China Banking and Insurance Regulatory Commission: Do not rent out or hand over credit cards in your name to others. What may be the consequences of doing so?
Personal credit cards involve the security of personal funds. If you lend your credit card to others to engage in some financial illegal activities, you may be legally responsible.
What crime does renting a credit card constitute?
Leasing a bank card violates the legal system related to bank cards and is suspected of obstructing credit card management. The crime of obstructing credit card management refers to the act of violating national credit card management regulations, obstructing the state's management activities of credit cards, and disrupting the order of credit card management during the issuance and use of credit cards.
Legal basis:
Article 177 of the "Criminal Law of the People's Republic of China" Whoever, under any of the following circumstances, obstructs the management of credit cards shall be sentenced to not more than three years or Criminal detention, and concurrently or solely a fine of not less than 10,000 yuan but not more than 100,000 yuan, if the amount is huge or there are other serious circumstances, the sentence is not less than three years but not more than 10 years, and also a fine of not less than 20,000 yuan but not more than 200,000 yuan: (1) Knowingly Holding and transporting counterfeit credit cards, or holding and transporting blank credit cards knowing that they are counterfeit, if the number is relatively large (2) Illegally holding other people’s credit cards, and if the number is large (3) Using false identity certificates to defraud Those who receive credit cards (4) Sell, buy, or provide others with forged credit cards or credit cards fraudulently obtained with false identity certificates.
What are some tips on preventing the risks of renting credit cards? How to use credit card correctly?
We use credit cards as payment tools in our lives. This kind of bank card is completely different from our ordinary savings cards. Our ordinary savings cards generally require us to Only a certain amount of money in the memory can be used for consumption, but bank credit cards are completely different. People can withdraw the amount in the card in advance without depositing funds, but they need to pay attention when using it, and they must be on schedule. Otherwise, you will easily be included in the bank’s credit blacklist. Therefore, when using a credit card, we must guard against the risks of renting a credit card and protect the safe use of our credit cards.
For some criminals, they will charge some personal credit cards for malicious cash-out, but we rent out our credit cards to those telecom elements or other criminals for some small favors. We also need to bear joint and several liability, so for the sake of the safety of our credit cards, we must not rent our credit cards to others at will, especially the supplementary credit card. Some people will lend the supplementary card to others for use. If the amount used exceeds the limit, the main card user needs to pay off the balance in the card, which greatly increases the risk for the main card user.
When using a credit card, we need to pay attention to repaying the loan on time, because if the previous debt is not paid off according to the specified repayment date, it is very likely that it will be included in the tax bill. If you are on the list of overdue credit cards, you will have certain problems with your credit report in the past few years, and you will not be able to apply for loans or other credit-related businesses. In addition, when you use a credit card, you may be charged a certain annual fee. There are fees or card fees, so users must ask the bank staff in detail before using the credit card, so as to avoid verbal disputes caused by the bank charging card fees.
The China Banking and Insurance Regulatory Commission issued a risk warning: Do not rent out or hand over credit cards in your name to others. What will be the consequences?
With the development of the economy, many people have a credit card of their own, but it cannot be denied that some people will use these credit cards to earn a little pocket money for themselves. First of all, what do we know? Called "renting", "handing over" and other behaviors! Renting means using your credit card, etc. for your daily consumption. If there are any abnormalities during the use of your credit card, such as funds being stolen, non-payment of debts, etc., it means that you may have malicious overdraft behavior. So if you rent out the credit card in your name to others for overdraft, it can be considered as illegal possession; at the same time, it is also possible to maliciously defraud the loan by renting or handing it over to others. What impact will it have on you if you rent out or hand over a credit card in your name to others?
1. Illegal possession of a credit card.
If a person has a malicious overdraft, he will not return his credit card in this case, but some people want to obtain benefits in this way.
Some people use this behavior to take cards from banks or other financial institutions as their own or illegally possess them. This type of behavior is illegal possession of a credit card and is generally one of the elements of a credit card crime; if the credit card is used beyond the prescribed limit and still refuses to be returned after repayment within the prescribed time limit, then it is suspected of a credit card crime.
2. Harm personal credit record.
If someone applies for a credit card in his or her own name, the bank will not apply for the credit card. But if this card is used by others for consumption, it will cause harm to personal credit. Because you have a bank debit card and have bound the provident fund before this card is processed, then if any loan-related information occurs, it will be recorded and cannot be modified or deleted; and once it occurs, If other bad information is recorded in the credit reporting system, all your loans, credit cards and other related information will not be queried. Therefore, everyone can imagine it boldly! Such a card that cannot be used will be inherited and expanded by you just like a bad record such as failure to repay on time or late payment of utility bills! Of course, this is just that personal privacy information has not been leaked! But don’t forget that there is another situation that you need to pay attention to, that is, you already have a credit card and it is bound to an ID card and a household registration book. That is also a very dangerous signal!
3. Influence credit policy.
If you hand over a credit card in your name to someone else, you will be subject to strict review and approval by the bank if you want to apply for credit in the future. First of all, if your personal credit record is not good, your application for credit will be restricted; secondly, although banks can help you with loans, they still need to evaluate your previous credit before taking out a loan, such as credit history, income status, workplace, etc.; thirdly , if you rent out your credit card to others, the bank can directly reject your loan application. Secondly, never give your credit card to anyone else! At present, many banks implement real-name management of credit cards of cardholders, and if a person has multiple credit cards in his name, he will be restricted in bank loans.
So here’s a reminder: Don’t commit any illegal or criminal acts! If you have illegally used credit cards to make profits in your life, such as impersonating leaders, fake purchasing agents, false claims, and other illegal and criminal activities. Then it is possible to be punished by the public security organs. Because the quality of personal credit is often related to the spending power we have. If your credit is bad, then credit card spending will also be affected! Especially when we apply for a credit card and find that we don’t want to use the card to make purchases or we don’t know that we have violated the relevant credit card regulations! So if the bank doesn't handle it in time! The credit will no longer be eligible for further use!
That’s it for the introduction to credit card leasing.