Credit cards can be used for overdraft consumption. This consumption method provides people with more convenience, so many young people apply for credit cards. Many people still use their credit cards in life. If the credit card is lent to others and the credit card is used up, who will bear the consequences?

According to the regulations of the International Credit Card Organization and the People's Bank of China, credit cards can only be used by the credit card holder approved by the card issuer. Therefore, according to the regulations, credit card holders cannot lend their credit cards to others. of. If a credit card user provides his or her credit card to others for use, it violates the bank's credit card usage regulations. In this case, any liability caused will be borne by the cardholder personally. In other words, if you lend your credit card to others, and if the other person's malicious overdraft causes your credit card to be in debt, the bank will ask the cardholder for collection and make the cardholder bear the repayment obligation.

In addition, if you lend your credit card to them and the credit card is lost or stolen during the lending period, you will not be able to enjoy the bank's card loss protection and other services.

A credit card is a personal consumption credit tool provided by the bank to the handler. The credit card limit issued by the bank is also determined based on the personal comprehensive qualification evaluation of the credit card applicant. Therefore, the credit card cannot be transferred to others for use at will. If the cardholder is overdue after lending his credit card to others, the cardholder himself will face the following adverse consequences:

1. Overdue fees will be incurred. Credit cards can only enjoy the interest-free period if they are repaid on time within the period specified by the bank. Once overdue behavior occurs, overdue interest and late payment fees will occur. The longer the time, the more overdue fees will be incurred.

2. Personal credit is damaged. After a credit card is overdue, the bank will upload the cardholder's overdue record to the central bank's credit reporting system. Personal credit reporting is equivalent to our economic ID card. Once there is a stain on the credit reporting, future loans or credit card applications will be affected.

3. When the credit card is overdue, the bank will collect it from the cardholder. Various collection calls may affect the normal life of the cardholder.

4. Being sued. If the credit card is overdue for serious reasons, the bank may sue the cardholder. Generally, there are two types of banks that banks may sue overdue users. One is if the overdue amount is long, and the other is if the overdue amount is large. According to relevant laws and regulations, if a credit card user's overdue amount reaches 50,000 yuan and the bank still fails to repay the payment after two collections by the bank, the bank can sue the cardholder for malicious overdraft. If the malicious overdraft behavior is true, the cardholder must also Possible jail time for credit cards.