Credit card consumption has an obvious feature, that is, users are not sensitive to the amount of consumption when swiping their cards, because there is no need to pay cash when swiping cards, which has little impact on users' vision. If the user pays in cash, the sensitivity to the payment amount will be greatly increased, which will reduce the amount of consumption expenditure to a certain extent.
Young people have a characteristic in consumption, that is, they like to spend in advance. They don't care much about their future repayment ability, but want to enjoy it first. It is under the influence of this situation that young people do not care too much about whether their income and expenditure match when using credit cards, but only care whether they want to make such consumption, which leads to the mismatch between the consumption of many young people and their actual income.
When young people pay back their credit cards after spending, many people's own income can't meet the actual repayment amount. At this time, young people will borrow money from friends to repay their credit cards, and some people will repay their credit cards through small loans. In the end, the funding gap for young people will become larger and larger, which will cause more and more repayment pressure for themselves.
On the surface, many young people can repay their credit card debts on time. In fact, the credit card gap of young people is getting bigger and bigger, and there is a certain gap between excessive consumption and actual income, which leads to the continuous shortage of funds for young people. If this gap is allowed to widen, the economic situation of young people will eventually collapse.
Credit card is a good thing, but it also brings many negative effects. As a credit card user, you must spend on the basis of your own income, and don't overspend, otherwise it will bring you too much repayment pressure.