If the credit card is frequently used and frequently maxed out, it will be more difficult to raise the credit card amount, because when inquiring about the cardholder's credit information, it is found that the cardholder's debt ratio is very high, and the bank will think that the cardholder is short of money, and his repayment ability is worrying, and he is unwilling to raise the amount, and may even be reduced. Credit cards must remember to repay on time. Many banks will have a grace period of 2-3 days for repayment. If you fail to repay in time on the repayment date, you should also strive to repay within the repayment grace period. This is not expired. Once overdue, they will have to pay a certain penalty or late fee, which will increase the repayment pressure. Repeated overdue may even lead to the direct freezing of credit cards.
credit card
Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.
The credit card stipulated in the relevant laws of our country (Interpretation of the Provisions of NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc. 20 17 12 1, the English translation and writing standard for public services was formally implemented, and the English names of credit cards were specified.
Credit card consumption is a non-cash transaction payment method, and there is no need to pay cash when spending, and repayment is made on the billing day.
Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.