Hefei professional credit card pad

Credit card pad is also called credit card repayment, which generally means that credit card users can't pay off all the money in the current month and want to repay in full to get interest-free or points. Or the user is unable to repay, and delays the repayment time by paying the prepayment fee every month.

Credit card repayment process:

The specific process of credit card repayment is: the payer takes your credit card and goes to the repayment bank first. Wait about ten minutes after paying back the money, and then cash out all the money just paid back on his POS machine. The credit card holder pays the handling fee (65438+ 0%-3% of the repayment amount) to the repayment agent, and the bank determines that the credit card user has fully repaid and spent. Interest-free and send the next bill

Extended data

It is not illegal to repay on behalf of others. However, the credit card pad also involves repayment, which is brushed out in the form of cash. However, in the recently issued Interpretation on Several Issues Concerning the Specific Application of Laws in Handling Criminal Cases of Impairment of Credit Card Management, it is clearly stipulated that cashing out is illegal.

The Interpretation also stipulates: "In violation of state regulations, cash is paid directly to credit card holders by means of fictitious transactions, false pricing, cash return, etc. by means of point-of-sale terminal equipment (POS machines). If the circumstances are serious, it shall be punished for the crime of illegal business operation in accordance with the provisions of Article 225 of the Criminal Law. "

The essential feature of credit card cashing is to directly convert the credit limit in credit card into cashing through deception. Cash-out funds are out of the normal credit management channels of banks and the management sight and control of regulatory authorities, which seriously undermines the management order of China's financial market and lays an unstable factor for the overall financial order of the country.

Punishment:

The essential feature of credit card cashing is to convert the credit limit of credit card into cashing by deception. Cash-out merchants collude with cardholders to make false transactions with credit cards, which is actually an act of disturbing and violating financial order.

Previously, due to the lack of a clear legal basis, the relevant departments could only take back POS machines, stop trading and other soft penalties for cash-out businesses, making it difficult to effectively curb the spread of cash-out from the source.

References:

Baidu Encyclopedia-Credit Card Pad Return

Is it illegal to return the credit card?

It doesn't exist. It is not illegal to repay on behalf of others. However, the credit card pad also involves repayment, which is brushed out in the form of cash. Credit card pad, also known as credit card repayment, generally means that credit card users can't pay off all the money in the current month and want to repay in full to get interest-free or points. Or the user is unable to repay, and delays the repayment time by paying the prepayment fee every month. The specific process of credit card repayment is: the payer takes your credit card and goes to the repayment bank first. Wait about ten minutes after paying back the money, and then cash out all the money just paid back on his POS machine. The credit card holder pays the handling fee (65438+ 0%-3% of the repayment amount) to the repayment agent, and the bank determines that the credit card practitioners have fully repaid and spent. Interest-free and send the next bill. Due to bank regulations, credit cards cannot be delayed for one day. Otherwise, it is expected that late fees and interest will be charged. You can't just pay interest, you must also pay the minimum repayment amount, otherwise it will be overdue and there will be phone calls from bank personnel. When credit card users can't pay the minimum repayment amount in a short time, or can pay the minimum repayment amount, but don't want to pay high interest, they will generally choose credit card repayment.

Is the credit card pad still illegal?

It is not illegal to repay on behalf of others. However, the credit card pad also involves repayment, which is brushed out in the form of cash. However, in the recently issued Interpretation on Several Issues Concerning the Specific Application of Laws in Handling Criminal Cases of Impairment of Credit Card Management, it is clearly stipulated that cashing out is illegal.

According to the Interpretation on Several Issues Concerning the Specific Application of Law in Handling Criminal Cases of Impairment of Credit Card Management:

Twelfth in violation of state regulations, the use of point-of-sale terminal equipment (POS machines) and other means, by fictitious transactions, false pricing, cash return and other ways to directly pay cash to credit card holders. If the circumstances are serious, he shall be convicted and punished for the crime of illegal business operation in accordance with the provisions of Article 225 of the Criminal Law.

If the amount of the act mentioned in the preceding paragraph is more than100000 yuan, or the funds of financial institutions are overdue by more than 200000 yuan, or the economic losses of financial institutions are more than100000 yuan, it shall be deemed as "serious circumstances" as stipulated in Article 225 of the Criminal Law; The amount is more than 5 million yuan.

Or causes financial institutions to fail to repay more than one million yuan within the time limit, or causes financial institutions to lose more than 500,000 yuan, it shall be deemed as "the circumstances are particularly serious" as stipulated in Article 225 of the Criminal Law. If the cardholder maliciously overdraws in the above way for the purpose of illegal possession and should be investigated for criminal responsibility, he shall be convicted and punished for the crime of credit card in accordance with the provisions of Article 196 of the Criminal Law.

Extended data:

According to the Interpretation on Several Issues Concerning the Specific Application of Law in Handling Criminal Cases of Impairment of Credit Card Management:

Article 6 If a cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and fails to return it after two effective collections by the issuing bank for more than three months, it shall be deemed as "malicious overdraft" as stipulated in Article 196 of the Criminal Law.

The purpose of illegal possession should be judged according to the cardholder's credit history, repayment ability and willingness, the application and overdraft of credit cards, the use of overdraft funds, the performance after overdraft, and the reasons for not repaying according to regulations. It is not allowed to identify the purpose of illegal possession just because the cardholder fails to repay the loan according to the regulations.

In any of the following circumstances, it shall be deemed as "for the purpose of illegal possession" as stipulated in the second paragraph of Article 196 of the Criminal Law, unless there is evidence to prove that the cardholder does not have the purpose of illegal possession:

(a) knowing that there is no repayment ability and a large amount of overdraft can not be returned;

(2) After applying for a credit card with a false credit certificate, it is overdrawn and cannot be returned;

(3) Escaping after overdraft or changing contact information to avoid bank collection;

(4) evading or transferring funds, concealing property or evading repayment;

(five) the use of overdraft funds for criminal activities;

(six) other illegal possession of funds, refused to return.

Article 7 A set that meets the following conditions shall be deemed as an "effective set" as stipulated in Article 6 of this Interpretation:

(1) After the overdraft exceeds the prescribed limit or time limit;

(2) The collection shall be conducted in a way that can confirm the cardholder's collection, unless the cardholder intentionally evades the collection;

(3) The interval between two collections is at least thirty days;

(four) in accordance with the relevant provisions or agreed to collect.

Whether it is an effective collection shall be judged according to the original evidence materials provided by the issuing bank, such as telephone recording, information delivery record, letter delivery receipt, e-mail delivery record, signature of the cardholder or his family.

The relevant evidential materials provided by the issuing bank shall have the signature of the bank staff and the official seal of the bank.

Baidu Encyclopedia-Answers to some questions about the specific application of law in criminal cases that hinder credit card management

How much is the credit card reimbursement? How much is the handling fee of 5000 yuan?

The handling fee is often charged in the form of interest, and the handling fee of 5 thousand yuan is 500 yuan. This is actually a short-term loan,

First of all, I'll return it to you.

Apply for 1 week on the basis of overdraft amount 1 ten thousand yuan, and the handling fee is 200 yuan; 2-week handling fee 300 yuan; 3-week handling fee 400 yuan; 4-week handling fee, 600 yuan. Cardholders can freely choose the repayment time, which is more flexible for those cardholders who are in urgent need of repayment but have not yet paid their wages.

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The repayment process of credit card replacement is as follows: 1. process

Find the subject or object that can repay you. (The payer of a credit card can be an individual, an organization or an intermediary. If you want to choose a credit card repayment method, it is recommended that card friends choose a more professional and credible institution in the market to prevent being cheated. Prove to the agent that the credit card can still be paid. The payer is afraid that after helping the cardholder to repay, the card will still be frozen, so he can't swipe the card and get his own repayment amount. Card friends can choose to temporarily deposit a small sum of money in the card to prove its availability to the agent. The agent transfers the money to the cardholder's credit card, and the cardholder will brush out the money immediately after repayment. This is the most important step in the process of credit card repayment, that is, the cardholder will return the money to the payer through consumption after regaining the credit limit. Pay the agent a certain handling fee according to the agreement, generally from 1% to 1.5.

2. Bank of Communications Credit Card

Bank of Communications credit card withdrawal fee is 65438+ 0% of the cash withdrawal amount, the minimum is 10 yuan/transaction, which is 5K, and the handling fee is 50 yuan; 2. Cash withdrawal interest is calculated at 0.5 ‰ per day, 50000.05% = 2.5 yuan/day, 75 yuan/month, 65-day interest = 162.5 yuan; 3. If the repayment is made in three installments, the handling fee for each installment is 50,000.72% = 37.17 yuan, and the total handling fee for the three installments is 65,438 yuan. It is more cost-effective to choose installment repayment.

What is a credit card pad? How to deal with it?

Credit card pad, also known as credit card repayment, generally means that credit card users can't pay off all the money in the current month and want to repay in full to get interest-free or points. Or the user is unable to repay, and delays the repayment time by paying the prepayment fee every month.

The specific process of credit card repayment is as follows:

1, the repayment agent takes your credit card and goes to the repayment bank first;

2. Wait for about ten minutes after paying back the money, and then cash out all the money just returned on his POS machine;

3. The credit card holder pays the handling fee (65438+ 0%-3% of the repayment amount) to the repayment agent, and the bank determines that the credit card user has fully repaid and consumed it.

4. interest-free, send the next bill.

In fact, according to bank regulations, credit cards cannot be delayed for one day. Otherwise, it is expected that late fees and interest will be charged. You can't just pay interest, you must also pay the minimum repayment amount, otherwise it will be overdue and there will be phone calls from bank personnel. When credit card users can't pay the minimum repayment amount in a short time, or can pay the minimum repayment amount, but don't want to pay high interest, they will generally choose credit card repayment.

This concludes the introduction of Hefei Yaohai Credit Card Pad and Hefei Professional Credit Card Pad. I wonder if you have found the information you need?