As a senior card user, let me tell you how I got through it. There are usually two types of people who use cards to maintain their cards: one is people who use their cards to make money. They usually use their credit limit to invest and earn income, exchange points for income, and earn income by helping others pay back their cards. . The other kind is that they simply have no money to pay back, so they can only transfer credit cards back and forth and pay each other back. They usually have several cards, some find someone to swipe them (paying a relatively high handling fee), and some apply for a POS machine by themselves, and then transfer them to The money from card A is collected and paid back on the due date of card B, and then transferred from card C to card D, and card D to card A.

Let’s not talk about the first type above, but let’s talk about the second type. I have a friend whose sister is a typical card-based professional household. She belongs to the second type I just mentioned. The couple Neither of them has a formal job. Because they had good credit before, they applied for several large credit cards and paid them off back and forth. Life was really good in the past few years, and they were able to live freely with their credit card money for a while. But now they live very frugally, and everyone I'm very nervous when the repayment date comes, because if I don't make it up, the balance will be reduced, the card will be blocked, etc. If this happens, it will be more troublesome. Let me tell you about the current situation. My parents' pension has basically disappeared, and the house left at home has been sold, and now I rent a house. This is a living example of using cards to support cards. Especially when people with no source of income use credit cards to maintain their credit cards, they are looking for trouble, and may be involved in lawsuits later.

Credit cards are indeed very convenient. Application and approval are very simple, and there are points that can be earned and exchanged for things. However, as someone who has experienced it, I still don’t recommend that you use credit cards unless you are very self-disciplined and can control yourself from spending in advance and repay the money in a timely manner. I have seen many people who use loans to support loans and cards to support cards. The final outcome is not very good. You still have to spend the money you can afford. Don’t spend money you shouldn’t spend, otherwise you will be very uncomfortable later. .

There are so many things that you can’t figure out. If you live another 10,000 years, there will still be many things that you can’t figure out