2. China's credit system is not perfect, bank credit and POS card issuance are not strictly audited, and citizens' personal information is not protected enough, which leads to the intensification of credit card cashing crimes.
3. swiping a card is not like paying cash. When you brush, you don't feel anything A few figures lead to blind consumption and spend money like water.
Although the credit card has an interest-free period, it is only for credit card consumption. There is no interest-free period for cashing, and a handling fee is charged.
Extended data:
Many "benefits" of credit cards are actually hidden traps:
1, the short-term preferential interest rate is not worth the loss. A certain proportion of people will turn emergency financing into long-term debt. Therefore, don't be tempted by short-term low interest rates to make unnecessary loans.
2. Excessive personal credit line is not only evidence of good credit (repayment record is), but also a risk in the eyes of financiers, which may push up the loan interest rate.
3. The gifts of feedback plan often accumulate dust in the garage. Instead of spending money on gifts, it is better to save money directly and be more affordable.
Baidu encyclopedia-credit card