The most stringent risk control in the history of banks: large-scale credit card reduction

Recently, a friend reported that after returning the credit card this month, he immediately received a short message from the bank, and the credit card line of 6,543,800+million was directly reduced to 500 yuan, and the line of more than 100,000 accumulated over the years disappeared instantly.

In his original words: this bank was really a key link, but it left when it was most needed. At this point, it is estimated that this bank will lie on his blacklist in the future.

For a generation that relies heavily on credit cards for survival, credit card downgrade is a very terrible thing. How terrible is it? Exaggerated, it is equivalent to killing and setting fire. Under normal circumstances, banks will not do such thankless things easily. It seems that this time it is really serious.

According to the latest data released by the central bank, there are 700 million people in debt, 83.6 billion yuan in overdue credit card loans, and the overdue rate is 42%. There are more than 5.7 million dishonest law enforcement officers, which means that one in every 250 people has become a Lao Lai.

The sudden outbreak of overdue credit cards has much to do with the fact that major banks used to issue cards with their lives. The external catalytic factors of the sudden epidemic have led to this situation today.

How many people in China don't use credit cards? According to the report of the central bank, by the end of 20 19, the total number of credit cards and one-card cards issued in China has reached 746 million. I believe that if you ask anyone in the street, you will get at least three credit cards.

In the past, in order to broaden the banking business and increase the rich income brought by credit card business, major banks would try their best to get you a credit card, no matter who you are, where you come from, whether you have a job, what your family conditions are, and whether you have repayment ability.

It is not difficult to understand why more and more people live on credit cards, instead of all being raised by banks themselves. However, in recent years, faced with the increasingly high overdue rate of credit cards, banks seem to realize that this widespread practice of casting nets is not reliable, and began to gradually reduce the rigid requirements for the number of cards issued by major outlets to reduce the overdue rate.

Unexpectedly, the plan could not keep up with the change. In 2020, a sudden epidemic broke all the initial process assumptions.

There are no eggs under the epidemic. All kinds of companies have laid off employees and reduced wages to save themselves. Unfortunately, the laid-off employees suddenly cut off their sources of funds and had to rely on credit cards to survive. However, everyone didn't expect that in this critical period, the bank actually used the killer.

Some people are curious, why did the credit card overdue crisis break out when major industries started to resume work in April?

This has to mention some requirements of the state for banks some time ago. In order to alleviate the pressure of everyone's life, the state requires banks to give users an overdue payment period. At first, there are still some savings to support, so the outbreak time will be delayed.

It's just that more and more people have overdue credit cards. As creditors, banks are anxious like ants on hot bricks, and measures must be taken to control the situation from deteriorating. Therefore, it is easy for banks to think of controlling from the source, and the most severe risk control in the history of banks has begun.

Major banks began to adjust credit card quotas according to customers' credit information, credit card use behavior and assets. Generally speaking, people with poor credit conditions are likely to directly reduce the credit limit to zero, while customers with good credit need not worry too much. The bank has no intention of lowering the credit limit of these customers. It is said that the credit card limit of users who applied for overdue repayment this time has generally dropped a lot.

Personally, it is a very good thing for me to reduce the bank's quota this time. Over the years, young people in China tend to learn the lifestyle of western countries, overdraw their consumption in advance, blindly pursue the so-called "exquisite life" and overdraw their future income. Once this way of life encounters an emergency, such as this epidemic, it will be overwhelmed.

Some people complain that banks are not kind enough to help users who have never created value in the most difficult time. If you ask me, I really can't blame the bank for this.

First of all, a bank is an institution established for profit, and its initial mission is to earn the maximum profit within the legal scope. It is impossible to expect the bank to give timely assistance. If the credit card is overdue, it will have a great impact on the bank. If it were you, would you stop worrying?

Secondly, although every credit card user is the god of the bank, everyone does get a real discount when using the credit card. In other words, the cooperative relationship between the two sides has always been based on a win-win situation, and banks are also icing on the cake. Now that this situation is out of balance, it is understandable for banks to make choices. Didn't say it was heartless.

In order to control the risk, banks suddenly reduce the credit card quota, which can also make everyone passively accept the fact that "income" is declining, and strive to change consumption habits and re-establish new consumption concepts. In the long run, it is really good.

I wonder if you have a credit card. Has your credit card been downgraded? How to treat the large-scale reduction of bank quota? Welcome to leave a message