In view of the hot spots and misunderstandings about credit card business, the Consumer Protection Committee of China Banking Regulatory Commission recently issued a risk warning to remind consumers to use credit cards correctly and rationally.

First, don't repay the loan with a loan.

Loan repayment refers to the behavior of the borrower to repay the loan to another bank.

Second, don't raise cards with cards.

Raising a card with a card means using multiple credit cards to repay each other, temporarily alleviating the repayment pressure.

Third, don't borrow short and use long.

The main function of credit card is to meet the daily, high-frequency and small consumption needs of financial consumers. Long-term use of credit card for short-term loans is unsustainable.

Fourth, don't use it illegally.

Illegal use of credit card loans in non-consumption areas, such as real estate, securities, funds, wealth management, etc. , magnified the leverage of funds, resulting in unsustainable personal or family finances.