You cannot not pay off your credit card. If a user fails to repay the credit card after using the credit card, the overdue record will always be retained in the credit report, which will cause a stain on the credit report. With credit stains, users will not be able to apply for credit services, and even their future job hunting and civil service examinations will be affected. If you cannot repay the credit card in full, you can make the minimum payment or repay it in installments.

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The disadvantages of credit cards are: annual fees are required. Credit cards basically have annual fees, but they basically have annual fee-free policies. For example, CCB only needs to pay three times a year. It can be waived; however, if you do not swipe the card the number of times specified by the bank in a year, an annual fee will be charged. By default, fraudulent credit card purchases are made without a password. This makes it easy for someone else to use the credit card when it is lost or stolen, causing unnecessary trouble or losses. However, in fact, credit cards can also be used for purchases with a password - This depends on how you manage your credit card. Of course, many people, due to lack of experience in this area, cancel their credit card but do not cancel the account. Some criminals re-apply for a credit card overdraft, resulting in a wasted loss, which is not worth it. Long-term malicious arrears will naturally affect your personal credit record and even be blacklisted by the bank. If you want to borrow money from the bank to buy a house or a car in the future, you may be rejected by the bank.

Cancellation Trouble CCTV once reported that a cardholder had paid off all the outstanding balances and still received bank statements several months after canceling his credit card. What happened after that made him miserable. Although the credit card had There is an interest-free period, but it only applies to card purchases. There is no interest-free period for cashing out, and handling fees are also charged. The application method is generally by filling in a credit card application form. The content of the application form generally includes the name of the applicant, basic information, economic status or source of income, guarantor and his/her basic information, etc. And submit certain copies of documents and certificates to the card issuing bank. After the customer fills in the application form truthfully according to the content, the customer must also submit the relevant credit certificate while submitting the completed application form. The application form is accompanied by a credit card use contract. The applicant authorizes the card-issuing bank or relevant departments to investigate its relevant information, and submits a statement of the authenticity of the information, the card-issuing bank's privacy protection policy, etc., and must have the applicant's signature. After receiving the application form and relevant materials from the applicant, the card-issuing bank will review the applicant's creditworthiness. The content of the review mainly includes whether the content of the application form is true. For the applicant, the creditworthiness of the applicant must be assessed. For individuals, the relevant circumstances of the guarantor must also be reviewed.