Credit card asset preservation refers to a series of measures taken by banks to maintain the integrity of assets and prevent capital losses. When asset preservation occurs on a credit card, it is usually because the cardholder has overdue repayments. When a credit card becomes overdue and receives a call from the bank, the cardholder should explain the reason for the overdue repayment to the bank as soon as possible, and return the unpaid portion to the bank in a timely manner to avoid leaving traces on personal credit reports as much as possible. Bad records.

Can a credit card be used to repay a loan?

No. Credit cards cannot be used to repay loans, because this is an act of cashing out. Once such behavior is discovered, the card will be locked directly and will be blacklisted. It will be very difficult whether you want to apply for a card or get a loan in the future. However, banks allow users to withdraw the money from their credit cards directly, or to repay the money in their credit cards by transfer.