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How to use CITIC's cash card? What are the consequences of overdue repayment?
Citic Borrowing is a short-term cash installment business of CITIC Bank, and the CITIC Borrowing Electronic Cash Card is a credit card specially issued by the bank after the applicant successfully applied for CITIC Borrowing, and the bank can provide small consumer loan services to cardholders by relying on this card. Then, how to use CITIC's electronic cash card? What will happen if the repayment is overdue? how to use the electronic cash card of CITIC's loan? Because CITIC Loan is a large-scale "short-term turnover, daily billing" cash transfer service for qualified CITIC quality cardholders. As a special card issued by the bank for the loan, CITIC Cash Card can be used for handling the loan business, repayment, transfer and so on. The main purpose of this card is to repay, that is, people can use this card to repay after using the loan. However, it should be noted that this card cannot be used for online consumption and cash withdrawal. Because this card is only used for the loan business.

what are the consequences of overdue repayment with CITIC's electronic cash card? 1. If you use CITIC's electronic cash card and don't repay it in time, you will be charged a penalty interest, and the penalty interest of CITIC's electronic cash card is very high. If you don't pay back on time, the bank will call for it, which will also have a certain impact on life. Therefore, when using this card to repay, you must remember to repay on time. 3. As long as you are overdue, you will definitely have a bad credit record. Moreover, if CITIC is overdue with the loan, it will collect the credit at the meeting, and then leave an overdue record on your personal credit report, which will hinder future loans and card handling. The above is a summary of the ways to use CITIC Cash Card. It is only used for the cash card business, and the most important thing is to repay. When you use this electronic cash card to repay, you must remember to repay on time, so as not to be overdue.