Is it possible to get a loan with a blank credit card? How to get a loan?

As the number of people applying for credit cards rises sharply, more and more people want to know more about credit card loans. Is it possible to get an empty credit card loan? How to get a loan? This is an issue that many people are concerned about but cannot figure out. Let me introduce it to you in detail below.

Is it possible to get a loan with a blank credit card?

You can get a loan with an empty credit card. For example, an installment loan with an empty credit card means you can apply for a shopping installment loan when your credit card limit is almost used up. You can choose 6-month or 12-month equal installments. The repayment method is free of bank interest and does not occupy the original credit card consumption limit. (The cardholder has no overdue repayment record in the past three months).

How to get a blank credit card loan

The blank credit card loan is processed in the same way as a conventional credit card loan. You can apply directly online or go to the counter.

What is empty credit card cash withdrawal?

Credit cards, I believe many people have more than one. Generally speaking, credit cards have a relatively fixed usage limit. As we all know, the credit limit of a credit card is approved by the bank. How can it be changed at any time? How can a credit card that has used up its limit withdraw cash that is higher than the limit?

Conventional means that the cardholder swipes the full amount of the credit card limit on your credit card through many cash withdrawals or other institutions, and then the party who swipes the card will give you cash immediately. This method of cash withdrawal requires A handling fee ranging from 1.5-3% is charged.

The "empty credit card cash withdrawal" method is to withdraw cash from your credit card when your credit card credit limit is used up. The amount obtained can be several times your credit limit. Credit card management loopholes have now become a tool for some people to make money.

The key to swiping credit cards is to exploit loopholes. It turns out that the middleman uses the installment payment limit given by the bank to the card owner (when the limit has been exhausted), creates false consumption through POS machines, and helps some people who are in urgent need of cash to transfer the installment payment limit in the credit card (usually 10,000 to 50,000 yuan). ) is quickly converted into cash, and a commission of up to 17%-25% is charged.

This kind of false consumption is because in the past, cash withdrawals were often overdrafted by integers. If the consumption data displayed on a POS machine is often in integers, it will be included in the suspect list. But today's middlemen are becoming more and more "smart" and rarely use round numbers, making it difficult for banks to detect them. It doesn't matter if you just swipe your card, you won't be able to withdraw money. These middlemen generally have inextricable connections with the financial and senior management personnel of large shopping malls, because only in this way can they successfully obtain bank loans.

In the past, this was mainly achieved by using false identities to "group-issue" credit cards. The intermediary created many fake positions for some wallets, applied for credit cards for a large number of people, and swiped the credit cards to withdraw cash to obtain liquidity in their hands.

For example: Suppose Man A and Man B agree to use a credit card with a limit of 8,000 yuan to withdraw 8,000 yuan in cash from a large chain electrical appliance supermarket in the city.

After entering the mall, Man B came to the counter of digital products with ease, directly selected three digital cameras with a total value of about 8,000 yuan, and asked the salesperson to fill in the bill as twelve Monthly installments. Because according to the regulations of the relevant banks, installment purchases can temporarily increase the credit limit by 2 times, and he took advantage of this to withdraw cash by swiping the card over the limit.

Through some operations in the supermarket, Man B finally used a credit card with a limit of 6,000 yuan to withdraw a total of more than 9,000 yuan in cash, but the cost was also staggering. In more than an hour, During this time, Man B collected a so-called handling fee of more than 2,000 yuan from Man A.

A credit card is essentially a small amount of credit loan, and the essence of empty credit card withdrawal is that intermediaries collude with cardholders to maliciously obtain a certain amount of loans from banks in the name of consumption. This is to some extent an alleged fictitious loan. If the withdrawal person refuses to repay the money, it will also violate the malicious overdraft provisions of China's Criminal Law, which may result in a maximum penalty of imprisonment.

According to an insider in the banking industry who wishes to remain anonymous, at present (2009), each domestic bank has tens of millions of personal consumer loan customers, and banks cannot handle so many customers one by one. Loan tracking, many installment amounts are automatically generated by the bank based on the customer's past credit record.

In order to increase the market share of credit cards, many banks do not strictly control the issuance of credit cards. As a result, some people who do not have the ability to repay have credit cards. These people are likely to become the "protagonists" of empty card withdrawals. The loopholes in the bank's management of credit cards and POS machines are the key reasons for this opportunity.

The staff of the China UnionPay Customer Service Center 95516 stated that "cash withdrawal with empty credit card" is an illegal act and hopes that cardholders can call the UnionPay customer service hotline to withdraw cash. UnionPay will cancel the qualification of the special merchant based on the investigation. .

It is understood that as early as April 2006, the People's Bank of China and the China Banking Regulatory Commission issued the "Notice on Issues Related to Preventing Credit Card Risks", which clearly stipulated that it is illegal for cardholders to withdraw cash and for merchants to provide cash withdrawal services. Financial institutions are required to cooperate with industrial and commercial and public security departments to crack down and deal with the problem.

It is understood that starting from January 2006, the central bank has officially launched the personal credit reporting system. If you fail to repay your credit card overdue or default on the annual fee, you will be recorded in your bad credit record, and the "stain" will never be removed.

What does it mean for a credit card (credit card) to be empty for a long time?

A long-term empty card for a credit card (credit card) means that the user uses less than 10% of the credit limit of a credit card (credit card) or uses it up every month. A long-term empty card is not good for credit cards (credit cards). (debit card) will increase the limit, and may cause the credit card (debit card) to be risk controlled. Users should avoid the situation of empty credit cards (credit cards). When using credit cards (credit cards), they should pay attention to retaining about 20% of the credit limit.

As for the occasional empty card, there is no harm. Only long-term empty cards will make the bank feel that there is a risk, so it will strictly monitor the user's card usage.

This is the end of the introduction to what is going on with empty credit card loans.