According to Article 41 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks, the issuing bank shall conduct a credit investigation on the credit card applicant, fully verify and completely record the applicant's valid identity, financial status, consumption and credit records, and confirm that the applicant has a fixed job, a stable income source or a reliable repayment guarantee.
Article 42 The issuing bank shall determine the required (optional) elements of the credit card application materials according to the requirements of comprehensive risk management, and shall not issue credit cards if the required information or options are omitted, others act as agents (except business travel cards and business shopping cards handled by the unit and supplementary cards handled by the main cardholder), others sign on their behalf, and the application materials are unsigned.
If there is suspicious information in the credit card application materials, the audit opinions are missing, the auditors at all levels have not signed (signed, entered the work code) or the system audit records are missing, the credit card may not be issued.
Extended data:
Measures for the supervision and administration of credit card business of commercial banks Article 57 The issuing bank shall clearly stipulate in the credit card collection contract (agreement) the specific operating procedures for repaying credit card loans with the relevant assets of the cardholder, and shall not directly offset the credit card receivables with the assets of the cardholder without the authorization of the cardholder. Unless otherwise stipulated by national laws and regulations.
When the issuing bank receives the repayment from the cardholder, it will repay all the debts in its credit card account in the following order: if it is overdue for 1-90 days (inclusive), it will repay the interest or expenses first and then the principal; If the overdue period exceeds 9 1 day, the principal shall be repaid first, and then the interest or various expenses shall be repaid.
Baidu Encyclopedia-Measures for the Supervision and Administration of Credit Card Business of Commercial Banks