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What does deregulation mean? What does it do?

1. Lifting control means that banks use various measures to legally check that cardholders do not have any illegal transactions, cash out, etc. Removing control of credit cards can protect account security, protect the legitimate rights and interests of cardholders and the interests of the bank.

2. Credit card decontrol does not mean canceling the card, but means that after the credit card is controlled, the cardholder provides consumption vouchers for suspected transactions, such as receipts, POS machine signatures, invoices, etc., to the bank If it is proved that the consumption is genuine and the bank investigates and verifies that it is correct, it will release the control on the credit card and resume the use of the credit card. It should be noted that not all controlled credit cards can be released smoothly, so try to use credit cards for daily consumption to avoid being controlled by the bank.

3. The prerequisite for this operation of decontrolling credit cards is that the user's credit card has been restricted. If credit card holders were not restricted, there would naturally be no measure to decontrol credit cards. Credit card control is when a cardholder is frozen due to overdue or cash-out reasons. After submitting a non-cash-out certificate to the bank and paying off the balance, he or she actively calls the bank's credit card center to apply for the right to use the credit card. The control can be lifted after the bank's approval.

Solutions to credit card being controlled:

1. If your credit card is suspended, call the credit card customer service center as soon as possible to ask for the reason and solution. The credit card will solve the problem naturally. Just restore functionality.

2. If your credit record is good, your credit card is used reasonably, and you repay it on time, your credit card will usually not be suspended. Because you forget your password and enter the wrong password three times in a row (5 times in some banks), your credit card will be locked (to protect financial security). Under normal circumstances, it will be automatically unlocked the next day.

3. If there is any cash-out behavior or the bank thinks it is suspected of cash-out, illegal use, etc., it will be suspended, so call the customer service staff of the bank's credit card center, or go to the bank in person with your ID card and bank card to explain the situation. , to find a solution.

4. If your credit card is overdue for more than 3 months, repay it first, and then go to the bank in person with your ID card and bank card to explain the situation and seek solutions.