What should I do if I lend my credit card to a friend and use it but he has no money?
If a credit card holder gives the credit card to someone else and the other person does not repay the credit card after swiping the card, the cardholder shall bear the responsibility. , the bank will pursue the credit card debt from the cardholder. Cardholders who overdraft beyond the stipulated period and refuse to repay it after being called upon by the card-issuing bank. Cardholders who use counterfeit credit cards, etc., if the amount is relatively large, will be subject to a sentence of not more than five years or short-term imprisonment, and a fine of not less than 20,000 yuan. A fine of not more than 200,000 yuan. If the amount is particularly huge or the circumstances are particularly serious, the offender shall be sentenced to not less than ten years or, in addition, a fine of not less than 50,000 yuan but not more than 500,000 yuan, or property confiscation. Article 69 of the "Measures for the Supervision and Administration of Credit Card Business of Commercial Banks" Credit card collection letters shall fully disclose the following basic information to the cardholder: cardholder's name and balance of debt, reasons for collection and relevant laws and regulations, and relevant rights and obligations of the cardholder , ways to check account status, repayment, raise objections and provide relevant evidence, contact information of the card-issuing bank, relevant business seals, and other content specified by regulatory agencies. When a card-issuing bank receives a cardholder's objection to credit card collection, it shall promptly make a note on the relevant credit card account and carry out verification and processing. Article 70 Under special circumstances, if it is confirmed that the amount owed by a credit card exceeds the cardholder's repayment ability and the cardholder is still willing to repay, the card-issuing bank may negotiate with the cardholder on an equal footing to reach a personalized installment repayment agreement. . The maximum period of a personalized installment agreement shall not exceed 5 years. The content of the personalized installment repayment agreement should at least include: (1) the balance, structure, and currency of the debt; (2) the repayment cycle, method, currency, date, and amount of each installment; (3) the repayment period Whether annual fees, interest and other fees will be charged; (4) The cardholder shall not apply for a credit card from any bank before all the amounts related to the personalized installment agreement have been settled; (5) The rights and obligations of both parties and Liability for breach of contract; (6) Other matters related to repayment. If both parties reach an agreement and sign an installment repayment agreement, the card-issuing bank and its card-issuing business service agency shall stop collections from the cardholder, unless the cardholder fails to fulfill the installment repayment agreement. If an oral repayment agreement is reached, the card-issuing bank must retain the recording materials. The recording data will be retained at least until the date of settlement of the debt.
What should I do if my credit card is swiped by someone else and I don’t want to pay it back? You have to bear the blame.
We all know that credit cards are only for personal use, but there are still many people who are loyal and will lend their credit cards to others and then ask them to repay them. In real life, people often swipe someone else's card and fail to pay it back, so the blame falls on the cardholder. For this reason, it is best not to lend out credit cards.
What should I do if my credit card is swiped by someone else and I don’t want to pay it back?
After all, if you swipe a credit card, you must repay it. This is an express rule of the bank. Regardless of whether the cardholder swiped the card himself or was swiped by someone else, the bank will only hold the cardholder responsible. Therefore, from the moment the cardholder lends his credit card to others, he will be held responsible for the entire matter. It’s entirely up to the cardholder.
That is to say, no matter who swiped the credit card, the cardholder must repay it in time, otherwise he will bear the consequences of the overdue credit card, such as interest, liquidated damages, etc. , which will also affect your credit.
In addition, other people's credit card swiping behavior will also have an impact on the cardholder. If someone else cashes out your credit card and then invests the money, then the consequences will be more serious. Firstly, credit cards can only be used for overdraft consumption and cannot be used for other purposes. Secondly, cashing out is illegal and will be suspected if the circumstances are serious. Especially if the circumstances are serious, the overdraft principal is more than 50,000, and the repayment is not repaid for more than 90 days, the bank 2 If the first effective collection fails, the cardholder will be directly contacted. The cardholder may be imprisoned for five years and be fined double.
Although many cardholders will choose the other party after they fail to repay their overdraft credit card, but even if they successfully win the lawsuit and can let the other party repay the overdue interest, the bad credit caused by the overdue credit card will still remain. It will not be revoked. It will follow you for two years, and you must use the card within these two years and cover it with the consumption records generated. The bad credit will not be officially eliminated until 5 years later.
After seeing this, do you still dare to lend your credit card to others for consumption? ~
How to repay other people’s credit cards
The methods of repaying other people’s credit cards are:
1. Transfer repayment. You can transfer credit card repayments through online banking, mobile banking, etc.;
2. Alipay repayment. On Alipay's credit card repayment page, add the credit card and enter the repayment amount to repay;
3. WeChat repayment. In WeChat Pay, select the credit card repayment function and add the credit card to repay.