What are the disadvantages of filling in the application for credit card waiver?

if other people can't repay their credit cards, they should indicate the reasons on the application form and fill in the compensators. With the consent of the compensatory person, as long as the repayment is made in accordance with the obligations of the compensatory person, it will not cause harm to the compensatory person.

: Credit card compensation refers to paying off the credit card account of Bank B with the credit card of Bank A under the condition of low interest rate. At present, only Huaxia Bank has launched it in China, and Shengbai is the first product in China to successfully implement credit card balance compensation.

Balance transfer, also known as inter-agency installment payment of credit card bills, refers to the process that credit card holders settle their credit card bills in a third-party institution by applying for a loan with a lower interest rate (lower than the installment rate of credit card bills) when repaying credit card bills to the issuing bank, and then repay them to financial institutions in installments.

Credit card balance compensation actually provides short-term and medium-term liquidity for consumers, who replace the balance of high-interest credit card loans with low-interest compensatory loans. This can not only reduce the pressure of repayment and interest payment, but also improve consumption power. In fact, to put it simply, when your credit card runs out and you have no money to repay it, you can borrow money from a third-party financial institution at a lower interest rate to repay the credit card, and then repay it to a third-party platform in installments.

when registering a product applying for balance compensation, it needs to be reviewed. As long as there is nothing wrong with your credit, they can basically be reviewed and passed. Generally speaking, the amount is between thousands and tens of thousands, and the annualized interest rate of 18.25% is much lower. It is especially reminded here that if the interest rate is higher than 18.25, it cannot be regarded as compensation. Credit card debt belongs to personal debt. Only when the debt is used for family expenses can the husband and wife be regarded as the same debt, otherwise the spouse has no obligation to pay compensation. If you want to persuade your spouse to pay compensation, you need to see if the relationship between husband and wife is harmonious. The following methods are for reference only, and are not responsible for the consequences:

1. If the relationship is harmonious, you can transfer the other spouse to compensate for the debt on the premise of applying for reducing or exempting the criminal responsibility of one spouse.

2. If the relationship between husband and wife is not harmonious, and one spouse uses the debt for eating, drinking, whoring and gambling, and works irregularly, it seems unnecessary and unreasonable to persuade the other spouse to make compensation. From another point of view, everyone should bear his own responsibilities, such as taking care of the family and raising the elderly and children. One person should not blame personal debts on another person or the next generation; From a legal point of view, personal debts must be repaid by individuals, and it is not allowed to harass others for any reason unless the person wants to.

the credit card payment has been paid off, so the bank asked me to write an application for compensation?

If all the money in your credit card has been paid off, you must never write any compensation application again, because you have nothing to do with their bank.

what does the application for compensatory relief mean?

If others are unable to repay the credit card, it is necessary to indicate the reasons in the application form and fill in the compensation. With the consent of the compensation, it will not be harmful to the compensation as long as the repayment is made according to the obligations of the compensation.

the credit card payment has been paid off, so the bank asked me to write an application for compensation? A friend of mine has paid off his credit card, and the bank asked him to sign a compensation book saying that the interest would be reduced. Can he sign it?

If it is reduced and settled, then sign a compensation book with him. This is no problem. The bank staff helped the application to reduce the interest, and it is also necessary to submit the information.

This is the end of the introduction about the application for credit card compensation and whether the application for credit card compensation has legal effect. I wonder if you found the information you need from it?