If someone else pays off your credit card for you, do you still have to transfer money to him every month?

Definitely.

You should first advance the money and pay off the credit card debt, because no matter what, in the eyes of the bank, it is a consumption on your credit card, and it should be repaid when it is due.

Even if you have not returned it to your friend, if it is overdue, the impact will be on your personal credit and will not change because of this situation. Therefore, you should first keep your credit. Personal credit is like lending money to your friend. In fact, lending your card to him is equivalent to lending him money.

What does credit card agency mean?

This is to find a guy who specializes in cashing out and ask him to withdraw the money for you, and then you can pay it back yourself or he can help you pay it back. The handling fee is certain. The specific underground organization fees in each place range from 3 to 5% of the repayment amount. In some areas, it may be higher. It is difficult to get it without spending the handling fee, and they do not open charities. of. I suggest that if you want to pay back the money, go to your relatives, friends, colleagues and family members. If they buy big items, they can use your card to swipe the money, and then give you the money. Make a few copies and you will be able to pay back the money. Next time If you don't have enough money every month, and so on, you will definitely save on handling fees. In addition, the designated cash-out POS machine of the guy who cashes out is generally likely to be blocked by various banks. Sometimes the cash-out repayment may be in danger of card blocking. I hope the poster will consider it carefully and hope to help you.

To put it simply, the operation of credit card repayment is that the intermediary agency first repays the overdraft limit that is about to expire, and then uses the card to spend all the repayment amount not long ago. In fact, just pay it back first and then brush it out. Some customers may have questions, can the money put into the credit card be withdrawn immediately? The answer is yes; according to the current credit card regulations of major banks, the credit card limit will be restored as soon as the customer repays the loan, that is, as long as the customer's card is normal. We can repay the money to the credit card on behalf of the customer and the money can be withdrawn immediately. In this way, you not only have a repayment record, but also a consumption record. Together with some small purchases, you can increase your credit limit faster. And you can enjoy the interest-free period forever!

Notes

1. Please bring your ID card and credit card to apply in person

2. There is no installment payment.

3. There has been no overdue repayment.

4. There is no increase in the temporary limit

5. Repayment before the repayment date

(Note: Bank of Communications, CITIC Bank and Bank of China are not supported Credit card repayment)

What will happen if Lakala pays the overdue payment for you?

Many friends will use Lakala to pay back the credit card for you. Forgot or don’t want to pay the loan back for you. But, is this really okay? What else would happen if I did it for you? Let’s take a look below to see if there are any consequences.

For you, Lakala provides users with short-term bill reimbursement services to help you pay off your credit cards. Lakala will evaluate and review the application information, and then transfer the money to your designated credit card, with a limit between 1,000 and 10,000. Users must repay the money for you on time, otherwise there will be consequences similar to non-payment of a credit card.

So, what will happen if you don’t repay the loan?

1. Impact on personal credit: Kaola credit score is connected to you. Failure to repay credit assets overdue will seriously affect your credit score and even leave an ugly mark on the People's Bank of China credit report. One stroke.

2. Being hindered from handling other business: Paying the future for you may even involve scenes in daily life that require credit assessment, such as taking high-speed trains, airplanes, or applying for jobs, etc., which will be affected.

3. Threaten repayment by phone: Some netizens reported that they would call you if you are ten days overdue and say that if you do not repay the debt within two days, you will directly hand over the information to the police for processing and demand payment. People's attitudes are generally very bad, and there are all kinds of threats.

Although I can still repay the credit card for you, it is not a vegetarian. The interest rate is extremely high. The interest rate is calculated on a weekly basis. Compared with the monthly interest rate calculated by a credit card, it is much more expensive. Not recommended for everyone to use.

How are the credit card repayment fees charged? How much is the handling fee for 5,000 yuan?

The handling fee is often charged in the form of interest, and the handling fee is 500 yuan for 5,000 yuan. This is actually a short-term loan.

1. Repay it for you

Based on the overdraft amount of 10,000 yuan, it takes one week to apply and the handling fee is 200 yuan; 2 The weekly handling fee is 300 yuan; the 3-week handling fee is 400 yuan; the 4-week handling fee is 600 yuan. Cardholders can freely choose the repayment time, which is more flexible for those cardholders who are in urgent need of repayment but whose wages have not yet been paid.

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The process of credit card repayment and advance is as follows 1. Process

Find the entity or object who can repay the loan for you. (The credit card repayer can be an individual, an organization or an intermediary agency. If you want to choose a credit card repayment method for repayment, it is recommended that cardholders choose a more professional and more trustworthy institution on the market to prevent being cheated. Liar.) Prove to the reimbursement agent that the credit card can still withdraw money. The repayer is afraid that after helping the cardholder repay the card, the card will still be frozen and cannot be used out, and he will not be able to obtain the repayment amount. Cardholders can choose to temporarily deposit a small amount to the card to prove its availability to the payer. The repayer transfers money to the cardholder's credit card, and the cardholder immediately withdraws the money after repayment. This is the most important step in the credit card repayment process, that is, after the cardholder regains the credit limit, the money will be returned to the repayer through consumption immediately. According to the agreement, a certain handling fee is paid to the repayer, usually 1 to 1.5.

2. Bank of Communications Credit Card

The Bank of Communications Credit Card cash withdrawal fee is 1% of the cash withdrawal amount, with a minimum of 10 yuan/transaction. For withdrawals of 5K, the handling fee is 50 yuan; 2. Cash withdrawal interest is calculated on a daily basis Calculated as 0.05%, 50000.05 = 2.5 yuan/day, 75 yuan/month, 65-day interest = 162.5 yuan. 3. If you choose to repay in 3 installments, the installment fee for each installment is 50000.72 = 37.17 yuan, and the total procedure for 3 installments The fee is =111.51 yuan. It is recommended to choose installment repayment which is more cost-effective.

How much is the handling fee for credit card repayment?

The credit card repayment fee depends on which platform you apply for the credit card repayment service. Different platforms charge different credit card repayment fees:

1. Lakala will repay it for you: If you apply for a 10,000 yuan credit card repayment at Lakala, the handling fee standard is: 200 yuan for 1 week, 300 yuan for 2 weeks, 400 yuan for 3 weeks, and so on;

2. Shengbei: According to the official statement of Shengbei, the processing fee is 30% of the minimum credit card repayment interest. The annual interest rate of the minimum credit card repayment is generally 18, so the Shengbei fee should be 12.6 ( Year).

Extended information:

Is the credit card repayment business legal?

The credit card repayment business is legal. There will be no sentencing. It is not illegal to repay a loan on your behalf. However, credit card advances also involve cashing out after repayment, and credit card cashing out is clearly stipulated in the law, and cashing out is illegal. The law stipulates that in violation of national regulations, point-of-sale terminals, POS machines and other methods are used to directly pay cash to credit card holders through fictitious transactions, false prices, cash returns, etc. If the circumstances are serious, the person shall be punished in accordance with the provisions of the Criminal Law. Punishment for illegal business crimes. Anyone who commits a crime must be held accountable in accordance with the law. Credit card agency also involves the legal relationship of entrustment, and a power of attorney should be issued to clarify the authority of the entrustment.

Is credit card refund software reliable? Be careful not to get scammed when using it

According to surveys, as of 2017, the number of credit card customers nationwide has reached approximately 700 million, and Hunan’s credit card customers have There are 120 million credit card customers, and about 40 to 60 percent of credit card customers cannot repay as scheduled and have overdue problems. The widespread use of credit cards has promoted economic development and created many new industries, such as POS. machine, return to the company, etc.

Recently, a new wave of new repayment APPs have become popular, which are a bit technologically innovative. They leave a principal of 10 in the card, automatically pay back the money by swiping the card, and cycle the repayment and withdrawal. It combines the advantages of MPOS channel and mobile APP, making it more intelligent. This kind of APP has a certain degree of advancement, and it is much better than the APP that provides online loans to others under the guise of repayment, at least it will not cost a credit check.

Repayment on behalf of someone else, as the name suggests, repays the loan on your behalf. Many repayment APPs are just like loan supermarkets. When you ask them to repay you, they will first check your credit report, APP list, text messages, and contacts, and then give you a credit limit. It’s not certain that this amount can really be borrowed. Whether it can be borrowed depends on the mood of the cooperative bank. You used a credit card, and you became a card slave. A "good Samaritan" came and I paid it off for you, but the result was that the credit card owner asked the credit card owner to check the credit report. The last "loan approval" was not paid off for you at all. I gave it to you. When he handled a loan, he took a commission. It's fine if you have a credit limit, but if you don't have one, it's a waste of inquiry. A good credit report is like a blank sheet of paper that has been stepped on for no reason.

The interest rate is normally very low. It is the lowest in the industry. The monthly interest rate is 0.6, which is lower than the credit card installment. It will attract you. When you borrow money and pay off your credit card, you will find that this thing is much more difficult to use than a credit card. When you pay off the money every month, the limit will be released. If you want to get it out again, sorry, you have to check your credit report once more and the lending institution will lend one more time. It's okay that it's a banking institution. If the partner has changed, they will re-grant you credit, take a video, shake your head to see if it's you, sesame authorization, contact authorization, call records, communication records, telecom operator service password. . . . Pay attention, when you renew the loan, has the interest rate increased quietly? 1.8 monthly interest, 36 annualized, step on the government's red line, go to the credit report, no, it's not enough, it's written in black and white, who calls you Should you ask him to repay it on your behalf?

Xiaocai’s opinion: Even if you are absolutely not allowed to do it occasionally, do not renew the loan. If you repay too much on your behalf, it will be difficult to apply for a credit card with a higher credit limit. I would rather go through the bank channel, wealth money, universal money, dream money are better than this kind of money. Most people's debts are not actually that high, but they just don't know how to open the valve for credit beyond the limit. There are actually rules to follow. This year, credit card repayment software is popular all over the world and is loved by everyone! With a certain small amount and a deposit, the software background can automatically pay off the current bill. It not only relieves the financial pressure of cardholders, but also avoids the problem of overdue repayment!

Finally, I would like to introduce to you the principle of repayment software:

After the credit card bill is issued , the period from the final repayment date to the final repayment date usually lasts about 20 days. During this period, as long as the total amount repaid is greater than the bill amount, the bank will consider the holder to have paid off the current bill. Based on this principle, the repayment software collects a part of the deposit, and then uses part of the amount to achieve the purpose of repayment based on the bank's repayment requirements.

This is the end of the introduction about paying off a credit card for you and someone paying off a credit card for me. Did you find the information you need?