In any case, the credit card can only be used by the cardholder himself. If someone asks you to borrow a credit card, please refuse it. Don't put yourself at risk of heavy losses because of face problems. So, what are the consequences of borrowing a credit card? although the credit card with malicious overdraft has certain interest-free overdraft rights, it is still necessary to repay the account when it is the final repayment period. If someone borrows a credit card from you, but you can't monitor his use of the card, once he uses it to cash out or maliciously overdraw a large amount of credit and refuses to accept it, then you will be in trouble. In this case, it is more difficult to defend rights.

relevant legal basis: article 36 of the measures for the administration of credit card business stipulates that the cardholder's credit card is limited to the legitimate cardholder's own use, and the cardholder may not rent or lend the credit card and its account. In the credit card contract or credit card charter of each bank, it will also be clearly stated that "the credit card is only used by the cardholder himself, and all consequences arising from renting, transferring or lending the credit card shall be borne by the cardholder."

Precautions for Credit Card Lending 1. People in intimate circles who are very familiar with their own situation often know a lot of personal information about you, and may even steal your ID card and mobile phone and other credit card payment verification information, and it is more likely to steal the card. The so-called eating acquaintances is such a situation. 2. We don't know much about colleagues, netizens in the same city, casual friends and other objects that may disappear at any time. Once they disappear, they will have endless troubles. Don't borrow such people. 3. If it's an emergency in the Jianghu, you have to look at people, preferably your trusted relatives and friends. When lending a credit card, you should check your credit card bill with the borrower, keep evidence records, and agree on the payment of interest generated by using the card to prevent the other party from defaulting. Summary: I believe everyone knows the consequences of borrowing a credit card. In fact, a bank has stated in the agreement on the credit card application form that the card must be used in person. All debts arising from lending to others shall be borne by the cardholder, and the bank has the right to freeze the credit card account at any time. If there is a demand for a credit card, it is better to let him do it himself, which is more convenient and will not cause disputes. Credit card application entrance