Current location - Plastic Surgery and Aesthetics Network - Wedding planning company - I handled the installment pass at CCB. I want to find a merchant to brush it out with a pos machine, but we are not familiar with it. How should I go through the formalities?
I handled the installment pass at CCB. I want to find a merchant to brush it out with a pos machine, but we are not familiar with it. How should I go through the formalities?
1. Installment credit line can be used to buy large durable consumer goods, weddings, child care, home (rental, property, heating costs, etc. ), pay taxes (vehicle purchase tax, etc. ), health and other purposes. In other words, CCB installment credit cards can be used for consumption on the POS machines of merchants in the above-mentioned consumer application fields. Find the POS machines of the merchants that meet the requirements and negotiate the handling fees of the merchants. However, if your credit card is abnormal, the bank can find it. This is not recommended. It is illegal to cash out. Don't step on this tightrope.

Second, credit card cashing refers to the behavior that the cardholder withdraws the funds in the credit line of the card in cash by other means rather than through normal legal procedures (ATM or counter), and at the same time does not pay the bank withdrawal fee. Credit card cashing is illegal, and the central bank is studying to record the cardholder's cashing behavior in the personal credit information system, which directly affects his personal credit record.

Third, the social harm of credit card cashing

1. First of all, cashing in credit cards has increased the instability of China's financial order. China has a strict access system for financial institutions and a series of strict regulations to monitor the inflow and outflow of funds from financial institutions. Those lawless elements, in conjunction with merchants, swipe their cards through virtual POS machines and engage in unreal transactions such as cash withdrawal by credit cards in disguise, but they are outside the legal framework, which violates the national legal provisions on financial business franchising and deviates from the relevant provisions of the People's Bank of China on cash management, and may also provide convenient conditions for illegal activities such as "",which undoubtedly lays an unstable factor for China's overall financial order.

2. In addition, the increase of bank risks and the formation of a large number of non-performing loans will also destroy the social credit environment and hinder the healthy development of the credit card industry.

3. Secondly, the harm of illegal cash withdrawal to the issuing bank is enormous. Most credit cards are unsecured lending instruments. As long as the cardholder makes a consumption, the bank will bear the repayment risk. Therefore, in general, banks guard against overdraft risk through high overdraft interest or cash withdrawal fees. The act of cashing in credit cards just circumvents the high cash withdrawal fee set by banks and crosses the bank's prevention threshold. In particular, some loan intermediaries help cardholders forge identity materials and constantly increase the credit card quota, which greatly interferes with the normal business of banks and brings great risks. Because of holding a large amount of cash, the cardholder is tantamount to obtaining an interest-free and unsecured personal loan. However, the issuing bank cannot know the purpose of these funds, and it is difficult to identify and track them effectively. In fact, the credit risk of credit card has evolved into the credit risk of investment or speculation. Once the cardholder can't repay the cash amount, the bank loses not only the loan interest, but also a lot of assets.

4. Finally, for the cardholder personally, the credit card cashing behavior also brings great risks to himself. On the surface, cardholders get cash by cashing out, which reduces interest expenses, but in essence, cardholders need to repay after all. If the cardholder can't repay the loan on time, he must bear the overdue repayment interest higher than the overdraft interest, which may cause a bad credit record. It will be very difficult to borrow money from the bank in the future, and even bear the legal risk of personal credit loss.