1. What if the credit card interest is too high?
Because credit cards are very convenient, you can swipe your card directly outside and pay it back after consumption, so many people will apply for credit cards, but if you can't pay them back because of blind consumption, the consequences will be more serious. If the credit card fails to repay for a long time, if it is maliciously owed, it does not rule out that the bank will take judicial proceedings. The specific trial result depends on your arrears. If you are really unable to repay, it is recommended to negotiate with the bank to show your willingness to repay, and then the bank will evaluate how to postpone the repayment according to your situation. If you don't negotiate repayment with the bank, there may be a penalty interest, and the penalty interest will be higher and higher. To put it bluntly, it is a rolling interest model. You must get in touch with the bank quickly and don't dawdle.
Second, the credit card processing conditions
The credit card processing conditions of major banks are similar. First of all, you must meet the basic age limit. Date 18 years old or older. If you are a minor, you can't apply for a credit card, and you must have full civil capacity as an adult. Otherwise, the cardholder who can't apply must have a stable salary income, which proves that you have financial resources, can repay the loan and have no bad credit record. If there is something wrong with your credit, the credit card will definitely not let you handle it, because the credit card pays the bill with your credit. You should provide your personal work certificate and financial status to the bank to prove your repayment ability.
To sum up, credit cards should not owe too much debt. Once a credit card owes a lot of debts, it may be unclear. Because the interest on credit cards is relatively high, you should use the credit card limit according to your own ability. Don't spend blindly, it will lead to repayment and affect your credit history.