The new credit card laws in 2023 include the following:
1. Late fees arising from overdue repayments will be replaced by liquidated damages;
2. Credit card The sentencing standard for overdue repayment or use of credit cards for fraudulent activities has been increased;
3. The minimum repayment amount may be less than 10;
4. Set upper and lower limits on overdraft interest rates;
5. The interest-free period may exceed 60 days;
6. The credit card cash withdrawal amount for the month will be included in the minimum repayment amount of this month's bill. There are also newly stipulated sentencing standards for credit card fraud.
The new credit card laws in 2023 include the following:
1. Late fees arising from overdue repayments will be replaced by liquidated damages;
2. Credit card The sentencing standard for overdue repayment or use of credit cards for fraudulent activities has been increased;
3. The minimum repayment amount may be less than 10;
4. Set upper and lower limits on overdraft interest rates;
5. The interest-free period may exceed 60 days;
6. The credit card cash withdrawal amount for the month will be included in the minimum repayment amount of this month's bill. There are also newly stipulated sentencing standards for credit card fraud.