In order to compete for users, major banks have continuously introduced various credit cards. Many card friends have a psychological desire, because there are many credit cards on the market now. As a result, many credit cards were processed unconsciously, even more than 10. So, what happens when the credit card exceeds 10?

What are the consequences of credit card exceeding 10?

1, which is not conducive to management. There are too many credit cards to handle, which is very troublesome to manage. Whether it's credit card or repayment, it's easy to forget the repayment date if the number of cards exceeds 10. Therefore, there will be a situation in which the credit card that should be returned is not returned, which will bring bad negative effects.

2. Affect personal credit. Because the date of credit card repayment is confusing, the credit card that should be repaid has not yet expired, and at this time it will be overdue. The consequences of overdue will not only charge a high penalty interest, but also affect the cardholder's credit history. Even if the debt is paid off, the bad credit record will be retained for 5 years before it can be eliminated.

The credit application was rejected. The credit card application platform sets a maximum credit line for everyone, and the credit line of each credit card occasionally occupies the total credit line. If the user's remaining credit limit is insufficient, the bank will refuse to approve the application for credit card or loan product on the grounds that the credit card limit is too high.

4, easy to be stolen. When the number of credit cards exceeds 10, there will be certain security risks, especially if the cards are accidentally lost and picked up by criminals, it is possible to steal information and make fake cards. At this time, even if the user reports the loss in time, the bank will lose the card protection, but it may not be able to fully compensate the user for the loss.

Therefore, if the number of credit cards exceeds the limit, it will bring many adverse effects, and the main consequences are the above-mentioned situations. Therefore, users must consider their own needs and repayment ability when issuing cards, and submit credit card applications within the scope of economic permission to avoid excessive consumption of credit cards, resulting in overdue and other adverse consequences. In addition, when users use credit card products, they must repay in full and on time, and maintain good card use behavior in order to use credit card products for a long time.