Credit card advance repayment, also known as credit card repayment, generally refers to a situation where a credit card user cannot repay the entire amount in the current month, but wants to repay the amount in full to obtain interest-free or points. Or the user is unable to repay the money and delays the repayment time by paying monthly advance fees and other methods.

The specific process of credit card advance repayment is: the repayer takes your credit card and first goes to the bank where the repayment is due to make the repayment. After paying off the money, wait for about ten minutes, and then cash out all the money you just paid back on his POS machine. The credit card holder pays a handling fee (1%-3% of the repayment amount) to the repayer, and the bank determines that the credit card holder has repaid the loan in full and consumed it in full. Interest-free and the next bill will be sent.

Although credit card repayment solves the urgent needs of credit card users, there are also certain risks. After the credit card repayment agency repays the money on its behalf, if the repayment is not paid when the card is swiped, the customer will be asked to return it in cash. Of course, customers with risk-taking ability can still repay the money in time, but customers with poor risk-taking ability can still pay it back. Users should be careful when using credit card repayment services to prevent inconvenience to themselves.

It should be noted that there are some unscrupulous traders in the market who use the reputation of credit card repayment agents to attract merchants to them for repayment or credit card payment at low service prices, and steal credit card information. , forged credit cards for illegal cash out. Therefore, when you choose a credit card advance payment institution, you must choose a formal institution.