Hangzhou credit card repayment agency

“Get rid of credit card debt” and “provide various repayment services to help you get on board easily”? A reporter from Beijing Business Daily recently investigated and found that there are many credit card repayment agencies. There are also "middlemen" who charge high fees to provide credit card repayment services to cardholders under the guise of "relieving debt pressure." There are also some "middlemen" who encourage aspiring "newbies" to use their credit cards for repayment. Cash out, provide services to customers, and step by step pull investors and cardholders into the debt trap of "loan to repay loan".

The fee for credit card repayment of 10,000 yuan is 400-800 yuan

Affected by the epidemic, many credit card holders have difficulty repaying their loans. What if they don’t want to have their credit report affected by overdue issues? manage? Some credit card repayment "middlemen" roam on social platforms and software, constantly tempting cardholders to participate by saying "if you don't have money to pay off the credit card bill, we can clear the bill" and "safe and risk-free".

“There is a large amount of money that needs to be paid back. If you can handle it, please send me a private message!” After a Beijing Business Daily reporter posted the relevant content on the social platform, nearly 20 people came to pay back their credit cards in just one hour.” "Middlemen" added the reporter's contact information.

Credit card repayment is also called credit card advance repayment. In terms of the specific process, the credit card repayment "middleman" first provides the cardholder with the funds that need to be repaid, and the cardholder waits for the funds to be used for repayment. After repayment, the funds are withdrawn by cashing out and returned to the credit card repayment "middleman". After this operation, the cardholder will be relieved of the pressure of overdue payment after the billing date expires.

Although short-term repayment pressure has been solved, repayment is not a free business. During the investigation, reporters from Beijing Business Daily found that credit card repayment “middlemen” often have to charge cardholders A lot of handling fees are charged. "Provide various types of return services for cardholders, but charge a fee in advance to prevent cardholders from 'running away', and only support face-to-face operations." A credit card repayment "middleman" gave an example, "Repaying 10,000 yuan 5 of the total amount of repayment is charged, which is 500 yuan. Those with large amounts of funds can get a discount, which is 4 of the total amount of repayment. ”

The charge of 5 is only a relatively low level. Credit card repayment "middlemen" charge higher handling fees. One "middleman" told a Beijing Business Daily reporter, "Charging in advance is to avoid losing contact with the cardholder after repaying the money. Take the repayment of 10,000 yuan as an example. , 8% of the total amount of the refund will be collected, which is 800 yuan. Customers from other places can also apply, but they need to send their ID cards in advance and let me keep them for safekeeping, and then send the ID cards back after the refund operation is completed. ”

In fact, compared with bank credit card processing fees, the rates charged by credit card repayment intermediaries are not cheap, so why do cardholders still need to use this channel to relieve their repayment pressure? In this regard, some analysts said that for cardholders who have taken minimum repayments, applied for installments, or whose bills contain over-limit amounts, seeking help from "middlemen" for repayment is also a last resort.

Su Xiaorui, a senior analyst in the financial industry at Analysys, said that there are two main reasons why this type of personal repayment behavior has returned. From the demand side, the demand for credit card repayments continues to exist, and due to the recent epidemic, The requirements of lockdown have caused such demand to be on the rise; from the supply side, the agency business has existed for a long time and has formed some relatively mature chains. They have professional skills and operating procedures, and use social channels, etc. Obtaining customers through covert methods is difficult to detect through system monitoring beforehand.

From the operational process point of view, although this type of credit card repayment model solves an urgent need, the risks involved are self-evident. When a reporter from the Beijing Business Daily asked if the credit card was reduced or blocked after the repayment and the amount could not be used to repay, many credit card repayment “middlemen” said: “You can cash out from other credit cards or get cash back. ”

The “monthly income of over 10,000” trick deceives “newbies” into the game

Credit card agents have existed in the industry for a long time. There are two main models: one is the cash-out model; the other is the cash-out model; The class is the platform return mode.

A reporter from Beijing Business Daily found that using professional words to attract cardholders to make repayments or cash out is a common practice of credit card repayment “middlemen”, and the repayment “middlemen” who travel in this industry chain Most of them are individuals.

In an unannounced interview conducted by a reporter from Beijing Business Daily on the grounds that they wanted to participate in agency repayment and earn extra money, there were repayment agency "middlemen" who actively contacted and provided contacts for "newbies" who wanted to do it. and resources to expand the team.

“The demand is huge, and it’s no problem to earn tens of thousands a month!” Li Jianle (pseudonym) told a Beijing Business Daily reporter, “You can do it if you have three credit cards on hand, and you can use your own credit card to cash out on behalf of the customer. , the POS machine used for cashing out is provided by me for free. The points charged to the customer for a repayment are usually 4-8 of the total repayment amount, which can be randomly determined according to the situation. I provide resources, and you need to pay me additional fees for each transaction. 2 of the total repayment amount. "If we take the repayment of 10,000 yuan as an example, the cardholder will need to pay an additional handling fee of 400-800 yuan to the credit card holder, and the cardholder will need to repay it to the higher-level credit card "middleman". Pay 200 yuan. The operating procedures of other credit card repayment "middlemen" who recruit credit card repayments are also similar. Some credit card repayment "middlemen" said, "If you can get the repayment business resources yourself, no additional fees will be charged."

During the investigation, a reporter from Beijing Business Daily found that since most of the transactions were personal behaviors, there was no relevant contract signed between the credit card holder and the credit card repayment "middleman" that bound the cardholder. If a person is unable to repay the funds to the "middleman", all the capital losses will be borne by the person. When a reporter asked how to ensure the safety of investors' funds, a credit card repayment "middleman" gave the answer that "we are not responsible if any problems arise."

In this regard, Wang Deyue, a lawyer at Beijing Xunzhen Law Firm, said that in order to implement the return operation, the return "middlemen" usually need to collect the cardholder's personal identity information, even including the credit card CVN2 and CVV code. and other core information. Once personally identifiable information is leaked, the first thing it brings are common risks such as privacy and infringement. Secondly, the leakage of core information such as credit card CVN2 and CVV codes can easily lead to theft of credit cards, causing large economic losses to cardholders.

In actual cases, some repayment "middlemen" block cardholders after charging a handling fee. Not only are the cardholders unable to make repayments, but they also have to lose another handling fee. Adding insult to injury. Wang Deyue further pointed out that from the perspective of credit card repayment users, whether it is "using a card to maintain a card", "paying off a loan" or "cash out", it is illegal. Once discovered, the issuing bank will take measures against the cardholder. Measures including but not limited to warnings, reductions, or even deactivation of cards may even affect their personal credit records.

A joint-stock bank credit risk expert said that the relevant "means" adopted by this type of model seem to be to postpone the cardholder's credit card debt, solving the urgent need of "not paying back the money". In fact, not only do cardholders have to pay high fees, but they may also cause personal information to be illegally used, and personal credit records to be "laden with" bad records, etc. It can be said that the gain outweighs the loss.

Avoid falling into the debt trap of “paying back a loan with a loan”

Credit card repayment behavior is not protected by law and may seriously damage the legitimate rights and interests of consumers. According to Wang Pengbo, a senior analyst in the financial industry of Broadcom Analysis, credit card repayment is inherently an illegal act, and once discovered, it will definitely have an impact on the credit of the cardholder. Not only will cardholders face a high fee burden, this part of the bill will eventually need to be returned. In addition, cardholders also face the risk of their own information and data being leaked, and cardholders must increase their awareness of the corresponding risks.

Compared with online or street credit card repayment advertisements, banks are still the safest and most formal repayment channel. A reporter from Beijing Business Daily found that many banks have launched credit card deferred repayment services, which mainly include delayed repayment periods. If fees and interest are incurred during this period, credit card customers can contact their branch to apply for exemption, which will not affect their credit report. .

Some banks also said that for credit card customers in areas severely affected by the epidemic who are overdue for the first time, they will arrange to actively stop collections; for other overdue credit card customers, they will proactively weaken collections, and customers can apply to stop collections, etc.

“Major banks generally have their own exclusive Apps and WeChat public accounts, and you can choose any platform to log in to your personal account to repay.” The credit risk expert of the above-mentioned joint-stock bank pointed out that if you feel that the repayment pressure is high, you can Negotiate with the bank for installment repayment. If you have an overdue bill problem, you can also negotiate with your bank. Generally speaking, regulated formal financial institutions have targeted solutions to related problems.

Su Xiaorui advises cardholders to be wary of so-called small advertisements for repayment. If they do have repayment difficulties due to the impact of the epidemic, they can consult the bank and be prepared to provide corresponding information to avoid falling into the "loan to repay" situation. "loan" debt trap.

How are the credit card repayment fees charged? How much is the handling fee for 5,000 yuan?

The handling fee is often charged in the form of interest, and the handling fee is 500 yuan for 5,000 yuan. This is actually a short-term loan.

1. Repay it for you

Based on the overdraft amount of 10,000 yuan, it takes one week to apply and the handling fee is 200 yuan; 2 The weekly handling fee is 300 yuan; the 3-week handling fee is 400 yuan; the 4-week handling fee is 600 yuan. Cardholders can freely choose the repayment time, which is more flexible for those cardholders who are in urgent need of repayment but whose wages have not yet been paid.

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The process of credit card repayment and advance is as follows 1. Process

Find the entity or object who can repay the loan for you. (The credit card repayer can be an individual, an organization or an intermediary agency. If you want to choose a credit card repayment method for repayment, it is recommended that cardholders choose a more professional and more trustworthy institution on the market to prevent being cheated. Liar.) Prove to the reimbursement agent that the credit card can still withdraw money. The repayer is afraid that after helping the cardholder repay the card, the card will still be frozen and cannot be used out, and he will not be able to obtain the repayment amount. Cardholders can choose to temporarily deposit a small amount to the card to prove its availability to the payer. The repayer transfers money to the cardholder's credit card, and the cardholder immediately withdraws the money after repayment. This is the most important step in the credit card repayment process, that is, after the cardholder regains the credit limit, the money will be returned to the repayer through consumption immediately. According to the agreement, a certain handling fee is paid to the repayer, usually 1 to 1.5.

2. Bank of Communications Credit Card

The Bank of Communications Credit Card cash withdrawal fee is 1% of the cash withdrawal amount, with a minimum of 10 yuan/transaction. For withdrawals of 5K, the handling fee is 50 yuan; 2. Cash withdrawal interest is calculated on a daily basis Calculated as 0.05%, 50000.05 = 2.5 yuan/day, 75 yuan/month, 65-day interest = 162.5 yuan. 3. If you choose to repay in 3 installments, the installment fee for each installment is 50000.72 = 37.17 yuan, and the total procedure for 3 installments The fee is =111.51 yuan. It is recommended to choose installment repayment which is more cost-effective.

Kunming credit card repayment

Generally speaking, the handling fee for repaying a credit card depends on the regulations of the institution that repays the credit card. If you have a dedicated person to repay the credit card on your behalf, this procedure will The fee is generally around 1-3. If you are paying back your credit card on some platform, it depends on the handling fee of the platform you are paying on. Because different platforms have different credit card repayment fees, it may be higher, or it may be lower than 1. For example, the fee for deferred repayment of a bill on WeChat's "Jababy" is 0.55 yuan, and the fee for deferred payment of a credit card debt bill of 10,000 yuan is 55 yuan. After using "Bill Extension", there will no longer be any interest and handling fees within the month. It is similar to paying off the credit card debt in full. Long-term stable consumption and repayment will help to evaluate personal financial data and credit card debt. Increase the amount.

The principle of credit card "bill extension" repayment

If your credit card debt bill this month is 10,000 yuan, and the remaining available limit on the credit card is 500 yuan, you can automatically After turning over the remaining credit limit 20 times, the credit card debt bill for the current month will be automatically extended to the next month. By the credit card repayment date of the next month, if you still don’t have the money to pay off the credit card debt in full, you can still choose to continue. Use "Bill Deferment" to relieve the pressure of credit card repayments. After using the "Bill Delay" payment method, your credit card will not incur any interest and other handling fees within the month.

It is worth mentioning that compared with the two conventional repayment methods of "bill installment" and "minimum repayment", the credit card repayment method using "bill extension" for repayment requires more time. Save more money. Take a credit card debt of 10,000 yuan as an example. If you use the "Bill Installment" repayment method in three installments, the interest and handling fees required are 210 yuan. If you use Jabaobei [User Registration Invitation Code: 7777777] to defer the bill payment, The repayment method only requires a handling fee of 55 yuan, and the interest and handling fees required for using the "minimum repayment" repayment method are 160 yuan.

The repayment method that is particularly not recommended is the "minimum repayment" repayment method. If you do not pay off all remaining credit card balances, the fees and interest you need to pay will only increase. Long-term use of the "minimum payment" repayment method of credit cards will affect your personal financial data evaluation, and even reduce your balance. Risk of card suspension. Because in the eyes of banks, the financial status of such credit card holders is very unstable and they are considered risky customers.

What are the modes of credit card repayment?

The current market price for reimbursement fees outside is generally 5% of the bill amount. This is the source of profit for the merchants. Those who specialize in this industry are doing this type of business. And whether it is a repayment agency or a repayment platform, there is no need to occupy funds, it is a pure intermediary service, and commission is taken. And with the large-scale issuance of credit cards, the demand is now particularly strong. Even if it is a small store, the funds transferred there may be tens of millions. It has to be said that the market space for this agency market is very huge.

As mentioned earlier, if your credit card repayment agency is different and the platform is different, the handling fees charged will be relatively different. Just like if you repay 10,000 yuan in credit card through a dedicated person, Then the required handling fee may be roughly around 600 yuan. If you are repaying your credit card on a platform with relatively low interest rates, the charging rate of credit card bill deferred repayment platforms such as Jabaobao is 0.55, and the handling fee for deferred repayment of a credit card debt of 10,000 yuan is 55 yuan. . At present, most credit card repayment business platforms have moved online, which is safer and more convenient than traditional methods of repayment, and it is also more economical for credit card holders.

80,000 credit card repayment fee

This depends on the bank.

Credit card cash advances will charge handling fees and interest (including our or other banks' ATMs, counters, online banking and telephone cash advances) handling fees: Domestic RMB is calculated at 1% for each transaction, with a minimum Each transaction is charged 10 yuan, and overseas (including Hong Kong, Macao, and Taiwan) are calculated as 3% per transaction, with a minimum charge of 30 yuan per transaction or 3 yuan per transaction (the minimum charge for AE Platinum and Black Gold overseas is 5 yuan per transaction). Interest: Cash advances do not enjoy interest-free repayment. Interest will be charged at a daily interest rate of 5/10,000 from the transaction date to the repayment date, and compound interest will be charged on a monthly basis. Warm reminder: 1. Only handling fees will be charged for withdrawing multiple deposits from your credit card. 2. There is no charge for only activating the cash advance function. 3. The first cash advance in each calendar month is free of charge (interest will be charged as normal) for the Youth Edition of YOUNG Card, GQ Co-branded Credit Card, Weibo Master Card and City Theme Series Gold Card. 4. Cash withdrawals can be made in the same city or in different places, and no inter-bank handling fees are charged.

How much is the handling fee for credit card repayment?

The credit card repayment fee depends on which platform you apply for the credit card repayment service. Different platforms charge different credit card repayment fees:

1. Lakala will repay it for you: If you apply for a 10,000 yuan credit card repayment at Lakala, the handling fee standard is: 200 yuan for 1 week, 300 yuan for 2 weeks, 400 yuan for 3 weeks, and so on;

2. Shengbei: According to the official statement of Shengbei, the processing fee is 30% of the minimum credit card repayment interest. The annual interest rate of the minimum credit card repayment is generally 18, so the Shengbei fee should be 12.6 ( Year).

Extended information:

Is the credit card repayment business legal?

The credit card repayment business is legal. There will be no sentencing. It is not illegal to repay a loan on your behalf. However, credit card advances also involve cashing out after repayment, and credit card cashing out is clearly stipulated in the law, and cashing out is illegal. The law stipulates that in violation of national regulations, point-of-sale terminals, POS machines and other methods are used to directly pay cash to credit card holders through fictitious transactions, false prices, cash returns, etc. If the circumstances are serious, the person shall be punished in accordance with the provisions of the Criminal Law. Punishment for illegal business crimes. Anyone who commits a crime must be held accountable in accordance with the law. Credit card agency also involves the legal relationship of entrustment, and a power of attorney should be issued to clarify the authority of the entrustment.

How much is the handling fee for repaying 72,000 with Minsheng Credit Card?

The handling fee for repaying 72,000 with Minsheng Credit Card is 1 to 3. According to the query related information: Minsheng Credit Card repayment loan amount is between 5 yuan and 100,000 yuan, the loan period ranges from 6 months to 24 months, and the handling fee is between 1 and 3. The system will make a one-time payment to the loan amount. deduct. Credit card repayment means finding a third party to repay the money on your behalf. The third party here refers to the intermediary agency. Credit card repayment is actually a third-party financial institution that provides repayment services, and the institution charges a certain handling fee. The cardholder then returns the repaid amount to the repayment agency by swiping the card for consumption.

That’s it for the introduction of how to charge for credit card repayment.