In the love apartment, Tang Youyou used credit cards to pay off each other's debts, and the method of maintaining balance was illegal.

Credit cards can be said to be both loved and hated. In times of difficulty, they can help us get through the immediate difficulties, but after that, we still need to make timely repayments. In the love apartment, Tang Youyou used credit cards to repay each other's debts. The way to keep the balance still is to have a rate of around 0.6. If things go on like this, there will definitely be a situation of being unable to make ends meet. I hope that everyone can spend rationally when using credit cards in life. Only in this way can their normal life be not affected.

1. Cashing out with a credit card is illegal.

According to my country's credit card usage regulations, Tang Youyou's approach is technically feasible, but if things continue like this, the relevant handling fees must be borne by law. As we all know, the interest-free period of a credit card is about 40 days, if Tang Youyou has two credit cards. Then he can cash out the other one during the interest-free period, but during the repayment process of the two credit cards, he also needs to pay an interest rate of 0.6, although this fee is said to have a lower interest rate than various cash loans. Some, but for ordinary people there is no need to operate it.

2. What matters need to be paid attention to when using credit cards.

In the process of using a credit card, if we cannot repay it in time, it will affect our personal credit score. Therefore, we must remember the final repayment date in our lives and strive to repay it when it is due. Pay off all the previous expenses before the date. If you cannot pay back in time, you must adopt installment payment or the minimum repayment method to ensure that our lives are not affected.

3. What are the serious consequences of overdue credit cards?

Generally speaking, if a credit card is not repaid overdue, it will incur liquidated damages, and it will also cause delays in credit records, so that financial needs such as house purchases and loans cannot be processed within the next two years, especially for bosses with business needs. He said that once a credit card is maliciously overdue, it is likely to bear criminal liability.