Consumers can make purchases in advance through credit cards, and can also participate in store promotions and enjoy the "weekly half price" activities. They can also accumulate points through shopping and use them to redeem their favorite items in the points mall. products, as well as conveniences such as credit card consumption when traveling abroad.
However, some consumers “dare not” apply for a credit card. It’s not that they are not qualified to apply for a credit card, but they are worried that they will not be able to repay the debt after using the credit card, and they do not want to cause themselves to be in trouble due to the pattern of early consumption. The situation of making ends meet. Riding the Bull and Watching the Bear believes that such consumers are a very rational group of people, but they should also analyze based on their actual consumption situation. Maybe everything will be different after having a credit card.
When consumers apply for a credit card, commercial banks will conduct a review of the applicant's qualifications and assess the applicant's qualifications through various aspects such as work unit, salary, bank flow, fixed assets, etc. This is actually a review of the individual's qualifications. An assessment of the economic situation was carried out. If the applicant does not meet the application conditions or the personal debt ratio is too high, it will be difficult to pass the credit card approval. Even if the applicant barely passes, the credit card limit will often be lower, so this point explains the application for a high-limit credit card. People already have good repayment ability.
When using a credit card, cardholders can spend a fixed monthly amount, just like paying by mobile phone or cash. Riding Bulls and Watching Bears believes that there is no need to deliberately consider the extra credit limit on a credit card, just treat it as "nothing", but when you use a credit card to pay for daily consumption, you will find after a few months that except for the full amount of the credit card once a month In terms of repayment operations, basically the expenditures have not changed much.
After using the card for a period of time, cardholders will also find that some stores can use credit cards to get discounts, and they can enjoy "three people traveling together for free", "Friday half price", "double points accumulated on consumption" ” and other activities, you can also spend cashless when traveling abroad. Even if you travel to multiple countries, you don’t have to worry about consumption payment problems caused by currency inconsistencies. Riding the Bull and Watching the Bear has found that some savvy cardholders will also invite good friends to dine at stores with designated promotions on their credit cards during normal dinner parties, which can also save a lot of daily expenses.
If the cardholder is afraid that the actual consumption amount will continue to increase after using the credit card every month, he may consider using the accounting function. Every consumption is recorded in the mobile APP account book, so that you can compare it with the consumption situation of the previous month, and you will not worry about being unable to repay due to excessive consumption. Riding the Bull and Watching the Bear believes that this can not only ensure the monthly increase in income and expenditure reduction plan, but also avoid the situation of being unable to make ends meet.
Even during the process of use, there were expenses for purchasing home appliances, decoration and other large items, which led to the inability to repay the full amount in the short term. Credit card repayments also include installment repayments and minimum repayments. Two delay functions. Cardholders can delay repayment through this function, and achieve rational capital turnover while reasonably managing their living income and expenses. This is also a better way to use the "gap" for daily consumption.
Some consumers are still worried that their consumption amount will gradually increase as their credit card limit increases. At this time, they can also proactively call the credit card customer service center and ask customer service personnel to help reduce the amount. Credit card limit. Riding the Bull and Seeing the Bear believes that the amount can be reduced to the range that one can afford, so that he can feel more confident when making subsequent purchases and his worries will disappear.