1. There are many similar payment products, and you can use more convenient and convenient products such as Huabei and Baitiao.

When I applied for a credit card in the past, I wanted to be able to pay faster and at the same time solve the problem of being tight and having no money. But now mobile payment is developing rapidly, and many things can be paid by mobile payment. It is much more convenient to carry a mobile phone with you for mobile payment than to carry a credit card with you.

In addition, all major e-commerce platforms have corresponding credit payment tools that can be used by consumers, such as Huabei on the Alipay platform, Weilidai on the WeChat platform, Baitiao on JD.com, etc. The emergence of these things, They can be used instead of credit cards, and the procedures for applying for such products are much more convenient than applying for credit cards, and they are also easy to use. Naturally, more people will prefer such products and reject credit cards. 2. There are many credit card frauds and the security is relatively low.

Credit card frauds that have appeared in news reports in recent years are common. The card is obviously in your hand, but it has been stolen by others. It is very difficult to defend your rights. You can only attract attention through media exposure. Only in this way can we safeguard our rights more smoothly. On the other hand, electronic loan and credit payment tools, although there are mobile payment traps and telecommunications fraud, there are rarely any problems with the payment tools themselves, and their security is much better than credit cards.

In addition, unlike credit card fraud, which is difficult to defend, even if there is a problem with the mobile payment tool itself, they have an insurance compensation mechanism that can compensate within the limit. The compensation limit of 500,000 can already protect most people. It is in the interests of people, so people naturally reject credit cards with poor security and use mobile payment tools with strong security and compensation. 3. There are many credit card schemes and the rules are relatively complicated.

Is there an annual fee for a credit card? How much is the annual fee? If it is not activated, will it be charged? After a certain number of purchases, the annual fee and management fee will be waived. What kind of point discounts are there after using it? Banks all have different rules for using credit cards, and for ordinary users, these rules are too cumbersome and complicated. On the surface, they seem to have many benefits, but most people don’t have the patience to study these details, and it is difficult to remember them. detail.

So although some people have used credit cards, they do not use them after a period of time. However, even though the debt has been paid off, the relevant annual fees, management fees and other fees are still calculated as usual, leading to the emergence of credit card arrears, and some people have been blacklisted by credit reports because of this?

< p> On the other hand, with loan payment tools, you can check your bills at any time. As long as you pay off the balance, there are no other fees. You will be reminded every month how much you owe and pay it in a timely manner, thus avoiding some records of dishonesty. The fees are almost all free. In comparison, it is natural to choose these electronic payment tools instead of credit cards.

In fact, whether it is a credit card or a loan-type electronic payment tool, when we use it, we need to repay it in time and pay attention to personal credit information, so that we can consume better without affecting the Personal credit report and normal life.