First of all, credit cards are not a product that benefits the people. It is a powerful means for Western developed countries to promote the economy. The technical term is financial derivatives. It has been the cause of many world financial crises. In the early years, my country's banking industry vigorously promoted credit cards, mainly for commercial purposes, with ulterior interests hidden behind them. I've been against it since it was first launched. In fact, credit cards have deceived many people, especially those who have no spending power and parasitic consumer groups, such as students, who are the main targets. I would like to ask, you can get a bank overdraft card with just a photocopied ID card. In the usual style of our banking industry where the purpose is to make money and the people are the tools, why are they so generous? There must be an invisible black hole in it. Now that the country has stopped it, banks no longer dare to be so public. Credit cards are a symbol of true civilization and order. However, our country's financial industry is not open and has not been improved. There is no credit mechanism. There is no ground for credit cards to be opened in China today, and it cannot be done.

In addition, let me give you an example. Our banking industry has to pay tens or even hundreds of millions in compensation to foreign banks every year. It is because of foreign credit cards that are used by illegal persons in China. If you are thorough, you will have to pay compensation wherever the money was taken. This is the perfection of credit in foreign countries. They have not set a payment password at all, and they are not worried about who will maliciously overdraft their account, because there is an agreement that stipulates that where the money is defrauded, who will bear the responsibility; it is you who do not control and supervise well. As for where the money in domestic credit card accounts goes, you can't find the responsible party and hold them accountable. If you cherish yourself, please don't use a credit card. If you are willing to degenerate, there are many banks. One person can apply for several cards, and then go back to his hometown. No one knows who is who, no one knows who is sad, and no one can find who. .

Nowadays, there are many such payments in banks that cannot be collected, and the state has to make up for the mistakes. Now in China, even the household registration is not clear! (*^__^*) Hee hee...