What Is a Payment Card?
A payment card refers to the use of one credit card to pay back the debt owed to another, which is characterized to a certain extent to ease the difficulty of cardholders in repayment.
Payment card
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- Chinese name
- Payment card
- Definition
- Use one credit card to pay the other
- influences
- Easy to encourage cardholders to spend too much
- Features
- To some extent alleviate the difficulties of cardholders in repayment
- A payment card refers to the use of one credit card to pay back the debt owed to another, which is characterized to a certain extent to ease the difficulty of cardholders in repayment.
- The so-called "payment card" means that the cardholder uses one credit card to pay the balance of another credit card. The payment card situation, although it can alleviate the difficulty of the cardholder's repayment to some extent, but it is easy to promote the cardholder's habit of excessive consumption. Once one of the cards fails to repay on time, other credit cards will be affected, forming a bad credit history, which will affect all aspects of the cardholder's economic activities.