Since the advent of credit card, its issuance process has changed from focusing on quality to focusing on quantity now, and the total amount of card issuance has been rising, which is also evidence that people's consumption concept is more open now. In order to meet some of your consumption, the bank has set up a temporary quota to meet your consumption demand in a certain period of time. But you should know that the temporary credit line is good, but it is also "dangerous". If you don't use it well, it will not only destroy everyone's credit card, but also seriously destroy your credit information.

Do not abuse the temporary credit card limit.

Speaking of temporary credit line, I believe most cardholders have a good impression on it, because it gives everyone some financial support in their daily consumption, but in fact it is like a double-edged sword, which will hurt themselves if it is not used well.

A friend of mine got a temporary credit card limit from a bank some time before the Lunar New Year, which also made him very happy. After all, the expenses of the Chinese New Year are also large, and it is also a timely help for him to increase the temporary credit line at this time. However, he was dumbfounded when he paid back the money years later. He read more than 10000 bills, of which more than 8000 cannot be paid by installments. What can we do?

Talking to him about it now still makes him nervous. When he saw the bill, he felt so stressed. The bill is still overdue. What if it's overdue? Haven't bought a house yet. What if I can't get the loan in the future?

Finally, several friends clubbed together to let him pay the bill. It's actually his own fault. He was busy spending money, but ignored some credit card terms, which caused such a terrible situation.

What should I pay attention to when using the temporary limit?

Different from the fixed credit card line, the temporary credit card line is a time-limited line given by the bank, and there are generally some restrictions in the use of the temporary line.

1. Temporary lines cannot be staged. Just like my friend, I didn't notice this detail when I used the card, and I didn't realize it until I repaid it. Temporary line does not support bill installment. If people have no restraint, so they don't consider the problem of repayment when spending the temporary quota, then they will inevitably cause certain economic or mental pressure on themselves when repaying in the future.

2. Temporary quotas are time-limited. As the name implies, temporary restrictions are of course temporary. Generally speaking, the temporary limit of a credit card is not too long, usually one to two months. After this time, your card will return to the fixed limit. Of course, the specific time limit is subject to the issuance behavior of the card.

It is reported that the central bank launched a new version of the credit report in May this year. Compared with the old version, its content has changed dramatically. Especially in terms of credit information update and bad record time, it can be said that it is more strict.

Due to the long delay in updating the old version of credit information, everyone's performance may not be recorded so quickly, but the new version of credit information adopts T+ 1 submission system, which makes the information updated faster and shows more details. And if you go to the new version of the credit report because the temporary quota has not been returned, even if the overdue record is suspended, this stain may still be recorded for up to 5 years.

A good use of the temporary credit limit of a credit card can help you, but a bad use will "pit" yourself and affect your credit information. There are not a few cases where the temporary credit line is not repaid in time, resulting in the final card being blocked or even affecting the credit information. Especially after the new version of credit information is launched, it may not be so comfortable for everyone to swipe their credit cards in the future.