Credit card consumption view

What are the advantages and disadvantages of using credit cards?

Advantages of credit card: it can suspend economic pressure; Online consumption is convenient and fast; You can accumulate personal credit records. Using a credit card and repaying the loan on time can increase the credit limit.

This can save money. Many banks' credit cards cooperate with merchants. For example, there will be cash back discounts for swiping cards, and there will be discounts for eating, watching movies, shopping in supermarkets, refueling and car washing. In addition, credit card points can be exchanged for some gifts in daily life and even some lottery activities, and points can be used as money.

Suspend economic pressure. Sometimes it is urgent to use money and pay a large amount of consumption at one time, which will have certain economic pressure. If you have a credit card, you can use it to pay in installments and enjoy your favorite items in advance. The money left in hand can also be used for daily expenses and turnover.

Online consumption is convenient and fast. Many online shopping malls or Taobao shops have opened credit card payment methods, catering to consumers' psychology of spending with credit cards. Although credit card online consumption has no points, its convenient and fast payment method is liked by many people.

Accumulate personal credit records. Even if there is no big turnover demand, it usually costs money. If you use more credit cards and repay on time, you can improve your credit limit and credit rating. You will have a good credit record in the personal credit database of the People's Bank of China, and it will be much easier to approve loans to buy a house and a car in the future.

Credit card overdraft is getting worse and worse. Is there a deviation in people's consumption concept or is the bank bad?

With the economic progress of society, it is gradually in line with international standards and closer. The concept of advanced consumption in western countries has been accepted by people. Live in the present and enjoy the future. In fact, while you are leading in consumption, you are using your own credit rating, which is the so-called real credit rating. If your credit rating is poor, there may be no financial institution willing to lend you money in advance. If you have a certain ability to make money, under the right conditions. It is ok to spend in advance, because the money you should spend is saved for investment or other living expenses, which is a "Qian Shengqian" model.

Advanced consumption is a double-edged sword. If used well, you will coordinate funds in your life. If you don't use your strength well, it will be a boulder on your shoulder. Riding a bull to see a bear thinks that only by rational consumption, the fact that you can "borrow" a high-level quota within your own power and repay it will make you enjoy preferential treatment and will not be troubled by future repayment. You can use credit card as a financial tool. If your cash is invested, as mentioned in the last article, your consumption is swiped again, which is equivalent to using cash without interest, and you can also get financial interest on cash. Of course, if you use a credit card, you must repay it on time, otherwise the cost of default is high and it is not worthwhile to default.

Credit card consumption is the demand preference of some consumer groups, and it is also a consumption habit. With the development of economy and the change of social environment, electronicization is becoming more and more popular, and people have gradually separated from the behavior habit of cash payment. Just kidding, now you don't even have a chance to pick up money in the street, which also shows the current situation of social development. Advance consumption is only a derivative of the popularity of credit cards, and credit cards themselves are not responsible. In fact, the emergence of credit cards has also eased some people's economic pressure and temporary difficulties. What we need to guide is the concept of rational use of credit cards, rather than putting the cart before the horse to guide and publicize the concept of advanced consumption.

The mainstream users of credit cards become young people by stages, spending more and more money and changing their consumption concepts.

Credit card installment payment has become an important business of bank consumer finance. Credit card installment is easy to say, that is, the cardholder repays the bank's funds in installments after completing the consumption through the credit card. Similar to personal mortgage loans, there are often 3, 6, 12, 18, 24 and other options, which usually include bill installment and consumption installment. Bill installment belongs to the mainstream mode of current user preference.

Cai Xiao learned from the bank that the biggest advantage of credit card installment payment is that it can reduce the pressure on cardholders to repay credit card fees in one lump sum. Accordingly, you have to pay bank charges. Even if the repayment is made in advance, the fees paid will basically not be refunded, which objectively increases the cost of the cardholder.

Users who prefer staging are concentrated in the age group of 22-35, "mainly young people with strong willingness to consume". Relevant persons in charge of banks told Cai Xiao that their expenditures were mainly in supermarkets, department stores, home appliances, car purchases, decoration and other fields. Although the user has to bear a certain handling fee, this staging method reduces the repayment pressure of the holder in a short period of time and will not lead to credit damage due to overdue. They are willing to pay more costs, and the bank gives them actual handling fees, which strengthens their confidence in choosing this consumption method.

Mr. Y, a small financial guest officer, said that he had recently received a short message from the bank about the discount of bill installment: 20% discount on the handling fee rate of bill installment; You can enjoy a 30% discount on the benchmark handling fee rate for cash installment with a single amount of more than 5,000 yuan (inclusive) and more than 6 installments (inclusive).

Some banks also indicated that they can handle bill installment through pocket banking, online banking, SMS, WeChat and other channels, with a minimum handling fee rate of 7.5%. You can enjoy a 7.5% discount on the benchmark handling fee rate by handling cash installment through pocket banks, online banking, outlets and customer service centers.

How to use credit card installment payment is the most useful?

1, installment payment after bill date:

If you consume bills in the future, you can not only have the longest interest-free period, but also repay them in installments after the account is issued, and you can also extend the repayment date. It is best to pay by installment at this time.

2. Look for good opportunities in stages:

Generally speaking, the success rate of applying for staging after holidays is the highest. You can concentrate on credit card spending within a period of time, brush the credit card limit to more than 70%, and then repay it in installments and apply to the bank for an increase in the limit. The success rate is the highest at this time.

3. Bill installment and cash installment

We all know that installment is beneficial to increase the quota, but there will always be people who confuse bill installment with cash installment. The so-called bill installment is the preferred installment operation when you send the bill to the bank after consumption, while the cash installment is a cash loan that the bank sends you separately for cash withdrawal. Comparatively speaking, bill installment is more conducive to increasing the quota than cash installment.

Many people use credit cards to spend in advance. How to evaluate this consumption pattern?

Nowadays, many people will apply for credit cards to spend, especially now many young people will implement the consumption concept of spending first and then paying, which is a loan product that often uses credit cards to spend. This has also led to the problem that many young people now have arrears. Therefore, in Bian Xiao's view, credit cards now have some influence on young people, making them spend irrationally and overdraw their future. This consumption pattern is not optimistic here, and it is also a credit card pattern, because once you have a credit card, you will often lose control of your consumption desire, and then buy things indiscriminately, and you will not be able to save money for a long time. Besides, it's difficult to pay back the credit card. Many people will encounter overdue credit cards, especially on the repayment date. Therefore, some people will take the form of online loans to pay back their credit cards and rob Peter to pay Paul. This way will only lead people to get deeper and deeper when they borrow money.

Why do people have the idea of spending in advance?

Now everyone has the idea of spending in advance, because many people lack education in property management, and vanity is to keep up with the joneses. Credit card itself is popular in some countries in Europe and America, but not many people use it in China. However, with the change of people's economic concept, and now young people are not particularly clear about financial management, people will have the idea of spending in advance. At the same time, swiping a credit card will always give people the illusion that they can buy money after swiping it, and not spending too much money will lead to unrestrained consumption. At the time of repayment, I will find that I spent too much money. In the final analysis, I want to compare with them because I lack self-control.

Is consumption in advance beneficial to social development?

In fact, consumption in advance is conducive to social and economic development, which can help expand production and increase employment, which is of great benefit to the whole social and economic development. However, if consumption in advance has been unrestrained and beyond one's ability, this consumption mode will have a certain impact on individuals and is also unfavorable to social development.

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Finally, consumption in advance has become the normal life of many young people. What we need to do in this case is to change our mentality and consume rationally.

The introduction of credit card consumption view and college students' credit card consumption view ends here. I wonder if you found the information you need from it?