What tips does Dalian Banking Insurance Regulatory Bureau have for the rational use of credit cards?

In recent years, the credit card business in Dalian has developed rapidly and has become an important part of the retail business of commercial banks, which has played a positive role in promoting residents' consumption and facilitating their lives. However, the problems existing in the use of credit cards are becoming increasingly prominent. In view of the hot complaints and misunderstandings in the current credit card business, Dalian Banking Insurance Regulatory Bureau reminds consumers to correctly understand the functions of credit cards, rationally use credit cards, establish a scientific consumption concept, rationally consume and moderately overdraw.

First, correctly understand the function of credit card. The main function is to meet the daily, high-frequency, small consumption needs of financial consumers and facilitate their lives. However, some consumers rely too much on credit card overdraft consumption, are burdened with large credit card loans with super repayment ability, and even fall into the situation of "repaying loans with loans" and "supporting cards with cards", resulting in problems such as tight funds and doubled repayment pressure. In addition, consumers also illegally use credit card loans in non-consumption fields such as real estate, securities, funds and wealth management, which enlarges the leverage of funds and easily leads to unsustainable financial situation of individuals or families, which brings corresponding consequences to financial institutions and accumulates risks. In consumption, consumers should correctly understand the role of credit cards, rationally overdraw consumption, and do not use credit cards to raise cards, repay loans with loans, borrow more and use more, let alone borrow short and use long to make up for the west, and give full play to the consumer support role of credit cards and other consumer loan tools.

Second, use credit cards reasonably. If the credit card is in arrears or the annual fee is in arrears, interest charges will be incurred and personal credit records may be affected. When applying for and using a credit card, customers should fully understand the relevant information of the credit card, such as credit card settlement rules, repayment date, annual fee/penalty payment method, etc. In this case, although the credit card installment repayment and the minimum repayment amount can temporarily relieve the pressure, they will also generate corresponding expenses and interest. Consumers should make reasonable choices to avoid overdue repayment of credit cards.

Third, establish the concept of reasonable consumption. When using credit cards, consumers should plan their own funds reasonably and arrange and manage the funds of individuals or families. Starting from the actual needs of individuals, starting from the balance of payments, rational consumption, adhere to the scientific consumption concept of "living within our means", and do a good job in personal or family financial planning to prevent excessive consumption from affecting daily life.

Fourth, improve the awareness of credit card information protection. Users should strengthen the protection of personal credit card information, always be vigilant, and do not disclose personal credit card information to unrelated third parties at will to avoid the loss of personal property and credit records.

5. Stop illegal and criminal activities. Strengthen consumers' awareness of abiding by the law, strictly abide by the legal bottom line, form a good habit of using credit cards, and prevent illegal and criminal activities. Never knowingly hold or use false identification to defraud credit cards, falsely use other people's credit cards, use invalid credit cards, maliciously overdraw or illegally possess or use credit cards in other ways. If the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention, and shall also or only be fined.