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Is credit card custody legal?

illegal. In fact, the way of credit card custody is to cash out by credit card, which is illegal and criminal. Providing cash-out channels to help others to cash out by credit card in violation of laws and regulations, if the circumstances are serious, will constitute the crime of illegal business operation.

You should know that the credit card custody should inform the credit card of all the information, and once this information is leaked, the credit card will be easily leaked. In addition, the cardholder leaked the information himself, and the bank will have to bear the losses after the credit card was stolen. In all likelihood, the bank will not take care of it. If the repayment is not made within the specified time, it will affect the credit investigation. Extended information

1. Many users use credit cards to spend money online, often set up lines, find someone to help with repayment or overdue, minimum repayment, over-limit, over-staging, etc. As for credit cards, they are under-rated, enter the bank's high-risk customer list or blacklist, or even be downgraded or blocked by banks, and can no longer have business dealings with other banks.

2. Many users have obvious demand for credit line, but the long-term improper use of the card or the comprehensive score of using the card can not meet the standard of raising the amount, so it is necessary to use the card like a car, maximize the value of the card and continuously improve the credit line.

3. Many users have multiple bank credit cards, but the total amount is not high. Small cards are not only inconvenient to manage, but also take up bank resources. Users with more than five cards are easily listed as high-risk customers by banks (many cards have more debts, poor repayment ability and easy to set up lines).

4. Many users want to have 1-2 large credit cards, and there is enough credit for them to use, so as to improve their personal level.

China News Network-"Credit Card Line Custody" is an illegal customer, so beware of being maliciously cashed out.