"Cash out" has a stunt? Credit card fraud

"Cash out" has a stunt? Credit card fraud

Faced with the relatively complete risk management and control system of commercial banks, some consumers who consciously fail to meet the conditions for card handling believe that it is difficult to pass the formal review through the formal channels of the bank. All of them are credit card fraud tricks, trying to find a "wild road", and illegal card-making agencies came into being.

In addition to charge d'affaires credit cards, "cash-out" is also a trick used by credit card bad media. Many card-holder customers are accustomed to “advanced” consumption but not self-made, so cardholders with multiple credit cards in their hands use the “credit card cash” method to set the card’s money to pay for another card’s arrears. In this cycle, the use of this "card to raise cards" to fill the loopholes caused by uncontrolled consumption desires, there is actually no repayment ability. The "black intermediary" is to seize this opportunity to sneak into the air, hit the banner of "integrity cash out" to entice consumers to hook, ask consumers to cash in at the designated place, and then charge the fee according to the agreed ratio.

Bank of Communications credit card experts remind consumers that they must not try to cash in on such a "straight-line" illegal behavior, and risk-taking will eventually get out of control, not only bring extra interest, liquidated damages, but also false transactions will cause credit cards to be stopped. Serious consequences such as being sued even by law. On the other hand, most of these illegal intermediary structures use credit card fraud as their ultimate goal. Not only does it earn cash handling fees, the so-called designated merchants or places are essentially using the modified POS machine to steal card information, and the cardholder’s credit card funds will eventually be looted by these agents, which makes it more difficult to cause property damage. make up.

Experts advise consumers that instead of "black mediation" in order to "drill the gap", it is better to seek formal channels. At present, banking institutions have perfect auditing mechanisms and procedures for credit card applications and quota adjustments. Many banks have launched a variety of channels, online and offline, which are safe, convenient and worry-free. For customers who are “somewhat tight at hand”, they can also apply to the bank for targeted consumer credit products to solve their urgent needs. The Bank of Communications Credit Card “Good Loan” business provides customers with a large amount of credit line beyond the credit card quota to meet the large consumer demand for quality customers with good credit standing. The “Angel Loan” business is tailor-made for the younger customers. It provides a loan instalment fee rate as low as 0.35% and a loan quota of up to 300,000. In addition, while enjoying the convenience of card swiping, cardholders should also establish a correct concept of consumption, so this is the best policy.