Recently, a friend reported that after paying off his credit card this month, he immediately received a text message from the bank. The credit card limit of 100,000 yuan was directly reduced to 500 yuan. The limit of more than 100,000 yuan has been accumulated over the years. , it was gone in an instant.

In his original words: This bank is really missing its key points, and it went far away when it was needed most. Based on what he did, this bank will probably be on his blacklist from now on.

Credit card limit reduction is a very scary thing for a generation that relies heavily on credit cards for survival. How terrible is it? To exaggerate, it is equivalent to murder and arson. Under normal circumstances, banks would not do such troublesome and thankless things easily. It seems that this time it is really serious.

According to the latest data released by the central bank, the number of debtors nationwide has reached 700 million, the total amount of overdue credit card repayments has reached 83.6 billion yuan, the overdue rate is 42%, and there are more than 5.7 million dishonest law enforcement officers, that is, It is said that one in every 250 people becomes a Lao Lai.

Why credit card overdues suddenly broke out? This has a lot to do with the fact that major banks used to issue cards desperately. In addition, the external catalytic factors of the sudden epidemic have led to today's situation.

How many people in China today do not use credit cards? According to the central bank report, as of the end of 2019, the total number of credit cards and all-in-one cards issued in my country reached 746 million. I believe that if you ask anyone on the street, you will get an answer of at least three credit cards.

In the past, in order to expand banking services and increase the lucrative income generated by credit card business, major banks, no matter who you are, where you come from, whether you have a job, what your family conditions are, or whether you have the ability to repay, in order to complete the tasks of your superiors If you meet the required indicators and tasks, we will find a way to apply for a credit card for you.

It is not difficult to understand why more and more people now rely on credit cards to live their lives, and not all of them are raised by banks themselves. However, in recent years, faced with an increasing number of overdue credit cards, banks seem to have realized that this wide-spread approach is unreliable, and have begun to slowly lower the rigid requirements for the amount of cards issued by major outlets in order to Reduce overdue rates.

But I never expected that the plan could not keep up with the changes. A sudden epidemic in 2020 broke all the initial process assumptions.

How can eggs be completed during the epidemic? Various types of companies have laid off employees and cut salaries to save themselves. Unfortunately, the employees who were laid off suddenly lost their source of funds and could only rely on credit cards to survive. However, everyone did not expect that during this critical period, banks would actually use their trump card.

Some people are curious, why is the credit card overdue crisis erupting now that major industries have begun to resume work and production in April?

This requires some time in advance of the state's requirements for banks. In order to alleviate everyone's life pressure, the state requires banks to give users a period for overdue transfers, plus there are still some savings at the beginning. It can be supported, so the outbreak time will be delayed.

It’s just that more and more people are overdue on their credit cards. Banks, as creditors, are also as anxious as ants on a hot pot. They must take measures to control the situation from deteriorating, so it is easy for banks to think of starting from the source. Control, the most stringent risk control in banking history began.

Major banks have begun to adjust credit card limits based on customers' credit reports, card usage behavior and assets. Generally speaking, for people with poor credit conditions, it is very likely that their credit limit will be reduced to zero. However, customers who have always maintained good credit do not need to worry too much. The bank has no intention to reduce the credit limit of these customers. It is said that, This time, the credit card limit of users with overdue repayment applications generally dropped significantly.

In my personal opinion, this bank reduction is a very good thing. In recent years, young people in China have largely learned from the lifestyle patterns of Western countries and have overdrafted their future income in pursuit of the so-called "exquisite life". Once this lifestyle encounters sudden situations, such as this epidemic, it will You will be beaten to the point of being helpless.

Some people complain that banks are not benevolent enough and do not help users who have not been able to create value in the most difficult moments.

Let me tell you, you really can’t blame the bank for this.

First of all, banks are institutions established for profit. Their initial mission is to make maximum profits within the legal scope. It is impossible to expect banks to provide help in times of need. An overdue credit card will have a huge impact on the bank. Real money cannot be recovered. If it were you, wouldn't you be anxious?

Secondly, although every credit card user is the god of the bank, it is true that everyone also gets real discounts when using credit cards. In other words, the cooperative relationship between the two parties has always been based on a win-win situation, and the bank is the icing on the cake. Now the situation has lost its balance. It is understandable that the bank has to make a choice. There is no mercy. Kind words.

In order to control risks, banks suddenly focus on reducing credit card limits in large quantities, which also allows everyone to passively accept the fact that their "income" has declined, and strive to change their habit of spending money lavishly, and re-establish a new consumption concept. In the long run, it's really good.

I don’t know if you have a credit card. Has your credit card been reduced? What do you think of the large-scale reduction in bank quotas? Welcome to leave a message.