Of course I won’t apply for a credit card:

1. There is a risk of overdue when applying for a credit card. Cardholders need to repay on time after using a credit card, but many people forget to repay. If the credit card is overdue, they will face adverse consequences such as collection, penalty interest, and credit reporting;

2. Apply for a credit card There is a risk of excessive overdraft. Some cardholders may overspend. If cardholders overspend, they may be unable to repay.

3. Causes blind consumption. Credit card consumption does not require consumers to pay immediately. Second, there is a consumption limit, which can be directly deducted to obtain the goods you want to buy, and the consumption will be completed after the bill date and before the repayment date. If the limit is increased, this will give consumers the illusion that they can obtain the goods without spending money, which will lead to blind consumption.

4. Multiple installments generate high handling fees. Credit cards can apply for installments. When the consumption limit is too high and you do not have enough ability to repay it, you can choose installments. Cardholders can still afford one or two installments. , if the number of installments is large, not only the principal must be repaid, but also the handling fees incurred. The repayment pressure will also be very high, and there will be an additional fee.