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What will happen to your existing credit cards after you are deemed a criminal?

1. Financial management accounts are frozen;

2. Loans and credit cards cannot be applied for in financial institutions;

3. Loans that have been applied for will be frozen and cannot be Use;

4. Cannot leave the country;

5. Cannot spend money in star-rated hotels or hotels;

6. Cannot take planes, high-speed rails, or board High speed;

7. Pensions will be frozen and deducted. Extended information

Since the card is sent by mail after the credit card application is approved, there is no guarantee that the recipient is the applicant. In order to protect applicants and banks from fraud losses, the credit card has set up a card opening procedure before it is officially launched. Card opening is mainly done by phone or online. The relevant personal information provided during the application is checked. Once the information is met, the card opening process is completed.

At this point the applicant becomes the card holder and can officially start using it after signing on the back of the card. After opening a credit card, you generally need to set up a password for the card. After accepting a credit card, a credit card merchant or bank must review the validity of the credit card and the identity of the cardholder.

Baidu Encyclopedia-Credit Card