It is generally not illegal. It is legal to give the credit card to others with the consent of the cardholder. It is illegal to swipe the credit card only or steal the cardholder's credit card without the cardholder's consent, and you need to bear the corresponding criminal responsibility according to law.
(a) using a forged credit card, or using a credit card fraudulently obtained with a false identity certificate;
(2) Using an invalid credit card;
(3) Fraudulent use of another person's credit card;
(4) malicious overdraft. The term "malicious overdraft" as mentioned in the preceding paragraph refers to the behavior that the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and refuses to return it after being urged by the issuing bank. Anyone who uses a credit card at the same time shall be convicted and punished in accordance with the provisions of Article 264 of this Law.
It is illegal to cancel a credit card. Reversing a credit card, that is, cashing in a POS machine, can constitute a credit card crime or an illegal business operation crime.
If the circumstances are particularly serious, the criminal suspect will be sentenced to fixed-term imprisonment of more than five years by the people, with a fine of more than one time and less than five times the illegal income or confiscation of property.
Entering the vicious circle of debt, "reverse card" is a repayment method of robbing Peter to pay Paul. Generally, most friends have enough debts, and they don't handle one or two credit cards, but several "reverse cards" together. Finally, the capital chain broke and went straight into the disgusting debt cycle.
The debt ratio is getting bigger and bigger. In the process of "reverse card", from the first one or two credit cards to the later "reverse card" of multiple cards, this operation process is very complicated. In order to ensure the normal repayment of each card, cardholders don't have to "rob Peter to pay Paul" all the time, which is easy to be overdue, thus increasing their debt ratio and possibly generating a lot of overdue interest.
Legal basis: Article 196 of the Criminal Law of People's Republic of China (PRC), anyone who engages in credit card activities in any of the following circumstances, with a relatively large amount, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan;
How to withdraw cash from a credit card with a mobile phone
1, mobile banking app to withdraw cash. The cardholder can download the mobile banking app of the issuing bank, log in to the personal account, bind the credit card related information to the savings card, and then withdraw cash from the credit card to the savings card.
2. The cost of withdrawing cash from bank cards is generally high. In addition to some handling fees, there are also some interest charges. The daily interest is generally calculated at 5%, that is, the interest of ten thousand yuan a day is five yuan. In this way, if you use it, remember to repay it in time.
How to cash a credit card
I believe everyone has heard of credit card cashing, but malicious overdraft cashing will not only be blacklisted, but also bear legal responsibility. But it can still be legally cashed out now.
1, consumption, help friends pay the bill, and let friends give themselves money. This kind of use should ensure that friends can give themselves money.
2. Return cash. If a person uses a credit card to spend money and needs to return it if there is a problem, he will return it to the credit card normally, but this process is very long and takes 15~20 days. If you negotiate with the merchant to request cash back, the general merchant will agree, but the consumer will be required to bear the credit card handling fee.
3. Cash in the POS machine, find a familiar friend or personal product, swipe a credit card, and the merchant will give you cash, but the handling fee will be borne by yourself.
4. Network cashing. For example, if the credit card is transferred to Alipay, then Alipay is transferred to Alipay B, and Alipay B is transferred back, the money can be withdrawn.
How to use three credit cards backwards?
How to use three credit cards backwards?
How to use three credit cards backwards? Now many people have their own credit cards, and their mobile phones can be overdrawn. Many times you need to swipe your credit card to save your life, and you have to pay it back after you swipe it. If it doesn't have a great impact on us, how can we use three credit cards backwards?
How to use three credit cards in reverse 1
You'd better not pour three credit cards. Reverse card is illegal and may belong to credit card (set).
First, it depends on whether credit card reversal is illegal.
There are generally two ways to realize credit card reversal. One is to use the point-of-sale terminal equipment (POS machine) and other methods to brush out the credit card money through false transactions, which is also commonly known as (cashing out); One is to withdraw the money from the credit card by withdrawing cash.
The former is obviously illegal because the purpose of issuing credit cards by banks is to promote consumption. Although the use of cash is also supported, it is required that cash must be withdrawn through ATM machines or counters. It is absolutely not supported to withdraw funds from the credit line in the card by other means such as cash.
Second, what happens when the credit card is reversed?
No matter how to reverse the card, it is a kind of robbing Peter to pay Paul, which can't solve the problem from the root, and the money owed to the credit card will still exist.
If you reverse the card by withdrawing cash, it will cause more and more arrears. In addition to the principal, it will also generate interest and handling fees for withdrawing cash, which is quite uneconomical.
And if the credit card (set) is now vulnerable to bank risk control, after all, the bank has its own anti-fraud department and risk identification system, which can identify risky transactions by manually checking big data. If the bank determines that you are cash, it will reduce the amount of the card and then pursue your legal responsibility.
Third, the meaning of credit card (set)
Credit card (set) now refers to the behavior that the cardholder withdraws the funds in the credit line of the card in cash by other means, without paying the bank withdrawal fee, and without going through normal legal procedures (ATM or counter).
Regarding the increasingly serious problem of credit cards (sets) in recent years, the Shanghai headquarters of the central bank said on July 26th that credit cards (sets) are illegal now, and the central bank is studying to record cardholders (sets) in the personal credit information system, which will directly affect their personal credit records.
Because credit card users have a 56-day "interest-free consumption" period, once the cardholder cashes out, he can use the bank loan without paying interest during this "interest-free period". Therefore, the current credit card (set) allows the cardholder to get cash while avoiding the high withdrawal fee of the bank, which is equivalent to obtaining an interest-free loan, which is very attractive.
How to use 2 backwards for three credit cards
The skills of credit card revolving repayment are as follows:
The repayment amount and the credit card amount cannot be similar or the same.
Every time you swipe your card, it is best to have an interval of more than 2 hours.
Credit card on the same day and repayment on the next day.
Credit card limits can be recycled. As long as there is repayment, the credit card available amount will be restored in real time. After the billing date, you can pay off the credit card bill by circulating credit card repayment. However, it is necessary to pay attention to the skills of credit card recycling, otherwise it will easily lead to bank risk control and lead to credit card downgrade and card closure.
Tip 1: The repayment amount and the credit card amount cannot be similar or the same.
When many people reverse their cards, they always have to wait until the final repayment date. So at this time, time is tight. If you don't pay off the credit card bill in time, it is very likely that high interest will be generated because of the minimum repayment amount, and there is even the risk of overdue. Therefore, when the final repayment date is approaching, many card friends will pay back a sum, brush a sum, pay back a sum, and brush another sum.
Then this repayment method is the most vulnerable to bank risk control. In this way of operation, banks can easily mistake you for "cash". After a long time, it will cause risk control. When you reverse the card again, you will find that although the money has entered, it cannot be swiped out. As soon as you check, you will know that the original credit card has been downgraded.
Therefore, in the process of card withdrawal, the repayment amount and the credit card amount cannot be similar or the same.
Tip 2: Every time you swipe your card, it is best to have an interval of more than 2 hours.
As we all know, after credit card reverse repayment, it is necessary to draw more funds. The skill of raising cards is called a small number of moves, but because it is upside down, it is naturally not small. But pay attention to the time interval of swiping the card. If the time of swiping the card twice is very close, it will also cause the risk control of the bank.
Especially when credit card merchants appear in other places. For example, your first credit card merchant address is in city A, and a few minutes later, the credit card merchant address is in city B, and the two cities are hundreds of kilometers apart. Then how do you explain that the bank can believe it? Therefore, every time you swipe your card, it is best to have an interval of more than two hours.
Tip 3: swipe your card on the same day and repay it the next day.
For example, the bill amount is 20000, and the available amount 1000. On that day, I divided it into four strokes and drew 10000. If 1 10,000 is returned to the bank on the same day, it is likely to cause bank risk control. At the same time, because your savings card funds are fast-forward and fast-out, it is very likely that the bank will restrict "over-the-counter transactions". Therefore, whether it is a credit card or a savings card, it is best to swipe the card on the same day and repay it the next day.
In addition to the above skills, you also need to avoid large credit cards and fast forward and fast out. At the same time, we also need to pay attention to whether the merchants of credit cards are preferential merchants. The consumption of each credit card, whether there is a record of points, etc.
To sum up: the skill of credit card revolving repayment is: 1, and the repayment amount and credit card amount cannot be similar or the same. 2. Every time you swipe your card, it is best to have an interval of more than two hours. 3, swipe the card on the same day, it is best to repay the next day. Do the above, then the probability of credit card being controlled by the wind will be very small.
How to use three credit cards backwards?
I. Multi-card revolving credit card repayment
For example, Zhang San has two credit cards, both of which have a limit of 5000 yuan. This month, I have almost swiped the first card, but I haven't swiped the second card yet. So when the first card needs to be repaid, Zhang San only needs to take out the money from the second card and return it to the first card, so that the bill can be paid off as soon as the card is swiped.
However, the bill of card 2 has not expired, so you can take the card 1 return the card 2 when the bill of card 2 expires, so that you can repay it circularly without worrying about running out of money.
Pay attention to this method when paying back the money. It is best not to withdraw money directly from ATM, which will generate high interest. When withdrawing cash, it is best to use pos machines. Some businesses can be asked to pay some handling fees to withdraw money. Generally speaking, this handling fee of 10 thousand will cost about 40-70 yuan, but it is also less than direct ATM withdrawal.
Second, single card revolving credit card repayment
In this way, we don't need two credit cards, but only one card for repayment. We also use Zhang San's example to analyze the operation process.
Zhang San has a credit card with a line of 1 10,000 yuan. He has spent 5000 yuan, and it has not been paid by the repayment date. Then Zhang San takes out the remaining 5,000 yuan before the repayment date, so that the 5,000 yuan taken out will not be paid back until next month, and Zhang San will pay it back the next day, so that this month's bill will be paid off.
Credit card repayment skills: credit card multi-card single card cycle repayment method
Doing so can prevent us from overdue repayment, maintain good credit information, and repay in full every month without any handling fee. The most important thing is that we don't need to repay when we have no money, which can relieve our pressure to the greatest extent.
However, when using this method, we must be cautious. First, don't explode the card, so you can't repay the loan with a single card cycle. Second, don't use it frequently, only occasionally when you are in trouble, so as not to be discovered by the bank's risk control department.
Credit card repayment skills: credit card multi-card single card cycle repayment method
Finally, I remind you that even if we use the above two methods to pay back the credit card, you will have to pay back the principal sooner or later. Don't take any chances, it is harmless occasionally, and frequent use is likely to be controlled by the wind. Remember this.
From now on, the credit card "reverse card" behavior will be hit! Do you know the harm of "reverse card"?
From now on, the credit card "reverse card" behavior will be hit! Do you know the harm of "reverse card"? There are generally two ways to reverse the credit card, and the cost of each way is different. If it is a virtual transaction form based on POS or online payment, the alias TX is legal. If the adverse effects are minor, it can be considered as an overdraft credit card, and if it constitutes a crime of overdraft credit card, it should bear legal responsibility; The other is to withdraw money from the credit card according to the withdrawal, which often leads to interest repayment fees.
Credit card swiping is quite popular. Many friends have multiple credit cards in their hands, because they are afraid that loans overdue will be included in the credit report and cannot pay off their debts. They can only use credit cards to repay each other in reverse, pay the money from this credit card to another credit card, and then pay the money from the other card to this card. In the vicious circle of debt, "reverse card" is a way to repay loans. In the process of "reverse card", a cash withdrawal service fee is paid every time, and this fee is increasing day by day, which leads to the extremely high cost of "reverse card" until these holes cannot be made up.
Debt ratio is increasing day by day. In the process of "reversing cards", from the first one or two credit cards to the last few, this operation process is very complicated. In order to ensure the normal repayment of each card, the cardholder needs to constantly "make up for the east", so this personal behavior of "reversing the card" is very easy to loans overdue, thus enhancing his debt ratio and possibly spending a lot of extra penalty interest.
Many small partners will choose the POS machine to "reverse the card". If they encounter illegal POS machines, private information is likely to be stolen, which will easily lead to the risk of their own credit cards being stolen or fraudulently used. It may also be found that credit cards and bank credit cards are overdrawn, which constitutes the crime of overdraft credit cards and will bear legal responsibility.
So much for the introduction of credit card cashback.