"You can bind a credit card (debit card) to import a credit card (debit card) bill through the APP, and the APP can simulate the way merchants spend money, consume it and then return it." A staff member of a compensation platform said that in this way, this month's bill can be postponed until next month.
in addition to the security problem of credit card (debit card) information, the above operation is already a very obvious illegal cash withdrawal behavior of credit card (debit card). Once the "cash withdrawal" is confirmed by the bank, the cardholder may face the consequences of reducing the credit line, and may even violate the criminal law seriously.
It is not uncommon to withdraw cash first and then return the card
It is not necessary to pay off the credit card (debit card) with third-party funds. Most of them claim that the bill can be repaid as long as there is more than 5% of the total funds left in the credit card (debit card), and the fee charged to users is about .8%.
For example, an APP promotion article named "Self-willed Smart Housekeeper" wrote that users only need to reserve 6% of the bill amount (the minimum 7 yuan), and realize the full repayment of the bill through the "consumption+repayment" mode between the billing date and the repayment date, without pos machines, passwords and cards of users' credit cards, operating on the whole line, without peripherals, and ensuring the safety of funds by landing merchants. Another APP called "Snail Smart Butler" claims that it can help you pay off your credit card (debit card) bill in full with only 5% of the funds, and repay the handling fee of 1, yuan to 85 yuan.
national business daily reporter saw on a credit card (debit card) compensation APP called Pay-It-You-Go. After registering the compensation platform, you must first run identity authentication, photo authentication and settlement card authentication. After uploading and submitting, you can add a credit card (debit card) with information including cardholder, validity period, CVV code, billing date and repayment date. Finally, after importing the bill, you can generate a repayment plan.
"We don't touch the funds here, and the repayment is based on the credit card (debit card). As long as you have 5% of the funds left in your credit card (debit card), you can realize the full refund." The staff who paid the credit card (debit card) told the reporter of national business daily, "Usually, after we consume the credit card (credit card), we return the money through the savings card. Through our APP, we can simulate the consumption of merchants, consume the money, and then return it. We have landed merchants here." He also explained that after the money in the user's credit card (credit card) was set out, it went to the registered APP account, but it was only spent once in the form of simulating business consumption.
The above staff said that the handling fee of the platform is also the 85 yuan for repayment of 1, yuan, and each additional payment will be increased by one yuan, and the rate of gold medal members is .76%, and that of diamond members is .7%. "If you don't use it often, ordinary ones will do. Gold members have to pay 98 yuan, and diamond members have to pay 6,8 yuan."
after I know the repayment process in detail, I found that the platform actually moves this month's bill to the next month by recycling cash withdrawal and repayment during the interest-free period. For example, a credit card (debit card) currently has a bill of 1, yuan. According to the rules of the compensation platform, at least 5 yuan must be left in the credit card (debit card). According to the repayment plan automatically generated by the platform, it needs to be paid off 24 times based on 5 yuan, and the total handling fee is 94.77 yuan. The amount of single deduction and repayment is between 4 yuan and 5 yuan, and the difference between each deduction time and repayment time is about half an hour. The repayment plan,
the balance of credit payable and the total amount of credit granted by credit cards in China at the end of 212-22
Information security risks can not be ignored
The National Internet Finance Security Technical Expert Committee (hereinafter referred to as "the National Mutual Fund Special Committee") pointed out in the risk inspection announcement of new Internet finance formats released in May this year that the National Internet Finance Risk Analysis Technical Platform (hereinafter referred to as "the Technical Platform") found compensation. The technical platform has monitored more than 14 compensation platforms. Among them, there are more than 7 related website platforms, and there are more than 8 operating apps.
The National Mutual Fund Committee has also pointed out the routine of the cash compensation platform. The compensation platform uses the time difference between the billing date and the repayment date of the credit card (all the consumption after the billing date is the repayment amount of the next bill, and all the deposits before the repayment date are counted as the current repayment). Users only need to deposit a small amount of funds in the credit card (credit card), and the compensation platform will recycle the funds and return them to the users, thus achieving the purpose of full repayment. Specifically, the user needs to set the repayment period, repayment times, repayment amount and other information before using it, and deposit some cash in the credit card (debit card) in advance. The compensation platform will run the credit card (debit card)-cashback cycle operation setting according to the user's setting, collect the user's consumption amount, and use it to pay the current credit card (debit card) bill, and transfer the current bill to next month. The platform will charge a certain fee (bill amount) in the process.
"If you take out the money and return it, the money you owe will never be paid off. It just means that the bank will not collect it, and there will be no accident in the credit record. Only when you use your own funds to pay back the money owed by the credit card (debit card) will you be paid off." Dong Zheng, a senior researcher in the credit card market, said. In addition, he said that using credit cards (debit cards) to compensate for business, we should pay more attention to the leakage of credit card (credit card) information. If the loan platform requires the personal identity information of the compensated person, as well as the card number, CVV code and password of the compensated credit card (debit card), it should be used with caution, otherwise it will bring immeasurable losses.
in addition to the security of personal identity information, the risks of cash withdrawal have been clearly notified. According to the Notice issued by the General Office of China Banking Regulatory Commission in 28, credit card (debit card) holders who have been confirmed to take cash withdrawal have the right to take measures such as reducing the credit line, stopping payment, and inputting relevant information into the credit information system and the established fraud information database between banks.
In addition, people in the legal profession also told the reporter of national business daily that organizations that "help" cardholders to get cash for profit are suspected of violating the criminal law. In fact, it is not uncommon for similar acts to be convicted and punished for the crime of illegal business operation.
Article 7 of the Supreme People's Court and the Supreme People's Procuratorate's "Interpretation on Several Issues Concerning the Specific Application of Laws in Handling Criminal Cases of Impairment of Credit Card (Debit Card) Management" clearly stipulates that: in violation of state regulations, using point-of-sale terminal equipment (POS machines) and other methods to directly pay cash to credit card (Debit Card) holders by fictitious transactions, false pricing, cash return, etc., if the circumstances are serious, it shall be based on the provisions of Article 225 of the Criminal Law.
this article also stipulates that if a cardholder maliciously overdraws in the above way for the purpose of illegal possession and should be investigated for criminal responsibility, he shall be convicted and punished for the crime of credit card (debit card) fraud in accordance with the provisions of Article 196 of the Criminal Law. The above-mentioned people in the legal profession said that the cash withdrawal by credit card (debit card) has great harm to the credit of the cardholder. Although there is generally no criminal responsibility, if it is a malicious overdraft, it may constitute the crime of credit card (debit card) fraud.