Debt repayment joke

I really want to write an article about credit cards today. For us ordinary people, the addiction to credit cards is nothing more than everything. Credit card brings us not only the convenience of money consumption, but also the anxiety of debt repayment and the fear of being unable to repay in the future.

Each of us should not have more than five credit cards. Once credit is lacking, the distance between you and wealth will gradually drift away.

I have a friend who does physical business. When business is good, cash flow is abundant, and he never lacks money to spend. The account period for others is very long, three months, and life is very comfortable.

However, in recent years, business has been sluggish, sales have declined, and the payment has not been returned. Slowly, I have more credit cards. When money is tight at first, I can use my card for temporary turnover.

Gradually, I found that I couldn't do it, and the hole in funds was getting bigger and bigger. Began to borrow various online loans to continue living. Through borrowing, I found that online lending can't solve the problem. So I simply divided the credit card into stages and found that the bank no longer allowed him to divide the credit card into stages.

This financial situation has lasted for several years, and this year, it is completely overdue. The online loan is overdue, the credit card is overdue, the credit is spent, and the credit is completely abolished. There is basically no hope of getting a loan from the bank in the future.

My friend's debt started with a credit card, and he used it without restraint. He has never had a concept about the withdrawal fee, installment fee and annual fee of credit cards, and he has never calculated this economic account.

If careful people take stock, the cost of credit card, installment fee, annual fee, SMS notification fee and so on. , add up to more than 18% annualized, not less than online loan interest.

Online lending is also a high interest rate, which is a bomb to detonate the tension of the capital chain.

Now it is difficult for an entity enterprise to achieve the annualized income of 18%. The debt storm is mostly because the high interest cost can't cover the profits earned.

Here, I strongly appeal to all friends who use credit cards to consider the cost of using credit cards. You just need to repay the loan normally, and don't blindly accept the installment invitation from the bank. Once you earn more money in stages, the hole in the bank can't be filled.

If the bank reduces your quota, you should be grateful! This is a very good thing. It makes you aware of risks at any time, stop losses in time and control consumption. So many banks, you can always pay off, and then change to another bank and get a new card.

He is not good to you, you don't need to be dead set on him. In a sense, credit card is a product, a financial product that can be realized. Use it if you like, and sell it if you don't like it.

I also have a very young friend who works in a company with a low salary, but he has never been soft in using credit cards, and has really practiced the bank's consumption concept: credit cards are used for consumption.

Now, the credit card is completely overdue, even the borrowing function of a Fu Bao letter can't be used normally, and there is no default on the borrowed online loan.

Ordinary people, don't be influenced by the convenient consumption habits of credit cards. Each of us is weak in self-control, and can't resist the temptation of material things, resulting in an illusion that the money in the credit card is not our own money and needs not be returned now.

But have you ever thought that you don't need to pay back the borrowed money?

Interest-free period, isn't it a trap for banks to lure you to spend?

Don't you know how much money you earn?

Think clearly about this series of problems, distinguish the difference between investment and consumption, and then consider whether to consume.

Spend money for a while and return it to the crematorium for a while!

Now, young people after zero zero are living in an era of rich materials, without the pressure of mortgage, no shortage of houses at home, and no longer need to work, wrapping up a well-off life with no worries about food and clothing. Mobile phones and short videos are filled with all kinds of beautiful life, subverting the traditional values of thrift.

They can't feel the post-80s era of material poverty. While promoting national consumption in advance, credit cards are also quietly destroying some young people who have just entered the workplace.

Everyone knows the huge profits of installment and minimum repayment behind credit cards, but no one has ever questioned them.

The credit limit of a credit card is convenient for people to use. No matter what routine is used to use the money inside, as long as it is normal and reasonable repayment, it should be given due support.

On the one hand, banks encourage people to spend with credit cards, on the other hand, various conditions restrict the use of funds in cards. This is not only inconvenient for the people, but also forces people to bear too much capital cost, which increases the debt pressure of cardholders and accelerates the risk of overdue repayment.

If the credit card is really for the benefit of the people, I strongly recommend that the credit card reduce the installment fee rate in an all-round way and keep pace with the interest rates of mortgage and operating loans, so as to truly reduce the economic burden of the people and benefit them.

This reduces the installment interest rate of the credit card and reduces the cost. Who will take risks and cash out in disguise with a non-compliant machine?

We can't change the outside world. We should learn to change it ourselves.

I hope all card users can control their consumption desires and learn to consider the cost of using cards. When you can afford it, your world will be heaven. When you can't afford it, you can really feel the collection treatment from hell!