Suspected of cashing out and causing freezing;
Repeated overdue repayment;
Second-clearing POS code set and code skipping: At present, the market is full of second-clearing machines, and the consumption records of credit cards are in a state of chaos because some of them use the big merchant model.
For example, Zhang San lives in Beijing, and he spent 100 yuan in a store. The registration information of the Qing Er POS machine used by the other party in the bank may be in another city. Once Zhang San spends money on the second-clearing POS machines of other merchants' classes on the same day, if he encounters the same situation, he will have credit card records in several different cities within one day, which is very easy for the bank to monitor and seize.
Consequences of overdue credit card:
Liquidated damages are generally the minimum repayment amount, which is 5% of the unpaid part.
Interest is high, and it is rolling interest. When there are many debts, interest is scary.
Overdue will tarnish the credit record, resulting in the inability to handle financial needs such as buying a house and lending in the next two years.
Overdue for more than 3 months, the amount exceeds 1 0,000, and the bank has repeatedly reminded it to be unsuccessful. At that time, you will not only pay back the money, but also bear criminal responsibility.
: 20 16 In April, the People's Bank of China issued the Notice of the People's Bank of China on Credit Card Business, which came into effect on 20 17 1 year 10.
The Notice requires the upper and lower limits of credit card overdraft interest rates to be managed. The upper limit of overdraft interest rate is five ten thousandths of daily interest rate, and the lower limit of overdraft interest rate is 0.7 times of daily interest rate. Mainly based on the following considerations:
First, the gradual reform will help card issuers to further accumulate pricing data and experience during the transition period and guide them to improve the credit card interest rate pricing mechanism.
Second, the risk control ability and pricing ability of credit cards of various card issuers are uneven. Guiding the upper and lower interest rates will help prevent individual card issuers from blindly reducing prices and fighting price wars, which will lead to unfair competition and excessive borrowing by high-risk customers, thus increasing credit risk and causing local market chaos.
Third, under the circumstance that the information disclosure mechanism needs to be strengthened, setting an overdraft interest rate ceiling will help prevent individual card issuers from unreasonably charging excessive interest and protect the legitimate rights and interests of cardholders.
The Notice cancels the current unified standard of credit card overdraft interest rate, implements the upper and lower limit interval management of overdraft interest rate, and enhances the autonomy and flexibility of credit card interest rate pricing of card issuers. At the same time, card issuers can independently determine the settlement method of credit card overdraft interest and the interest standard of overpayment, further expanding the innovation space.
The Notice cancels the existing provisions on the maximum duration, minimum repayment amount and additional conditions of interest-free repayment period for overdraft consumption, which are determined by the card issuer independently based on commercial principles and the needs of cardholders;
Cancel the late payment fee, and the card issuer and the cardholder agree on liquidated damages; Cancel the over-limit fee and stipulate that the card issuer shall not charge interest on the service fee.
The Notice optimizes the management mechanism of cash advance business of credit cards, clearly defines the types of cash withdrawal, cash transfer and cash recharge of cash advance business, and formulates relevant requirements for improving services and standardizing management. The daily cumulative limit for cardholders to withdraw cash in advance through ATM is increased from 2,000 yuan to 654.38 yuan+0,000 yuan.
It is allowed to handle cash transfer and cash recharge to my bank settlement account and payment account, and the card issuer shall carry out related business on the principle of risk control and commercial sustainability.
In addition, the Notice emphasizes the authenticity, integrity and traceability of credit card transaction information, and strengthens the protection mechanism of cardholders' rights and interests from the aspects of clarifying the information disclosure responsibility of card issuers, improving the handling of non-personal transactions and compensation for cardholders' losses.
Credit card-Baidu encyclopedia entry