Credit card is a double-edged sword: it is a good thing for people who can use it. It can avoid the inconvenience of using cash or the urgent need of using money.

but for those who don't know about credit cards and don't refrain from spending, it may bring disastrous consequences! First of all, there are many credit card charges, and it is difficult for ordinary people to understand them all. It is a terrible late payment fee and interest collection.

once you are unable to repay after overdraft, your personal credit record will be affected first, and your future loans to buy a house and a car will be affected, and it is difficult to get rid of bad records.

In addition, you will face bank collection, especially legal sanctions! Article 196 of the Criminal Law has relevant provisions on credit cards!

therefore, you should be careful when handling cards!