If the provident fund is not withdrawn, the balance of the provident fund cannot be directly used to repay the credit card. The provident fund has been withdrawn. At this point, the user can transfer the cash to the credit card for repayment. The interest rate of provident fund mortgage application is lower than that of commercial loans. If the user has a plan to buy a house with a loan, don't withdraw the provident fund at will. As for the provident fund loan to buy a house, taking out the balance of the provident fund will not have any impact.

The balance of the provident fund account will directly affect the amount of provident fund loans. When the amount of the provident fund loan is insufficient, you can apply for a portfolio loan.

Can I repay my credit card with the housing provident fund loan?

Credit cards cannot be repaid with housing provident fund loans before they are paid off. Housing provident fund loans can only be used for housing-related project loans. Personal account of housing provident fund cannot be withdrawn on the condition that credit card is repaid.

According to Article 5 of the Regulations on the Management of Housing Provident Fund, housing provident fund should be used for employees to purchase, build, renovate and overhaul their own houses, and no unit or individual may use it for other purposes.

Twenty-sixth workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities. The risk of housing provident fund loans shall be borne by the housing provident fund management center.

Extended data:

"Regulations on the Management of Housing Provident Fund" Article 24 If an employee is under any of the following circumstances, he can withdraw the storage balance in the employee's housing provident fund account:

(a) the purchase, construction, renovation and overhaul of owner-occupied housing;

(2) retirement;

(three) completely lose the ability to work, and terminate the labor relationship with the unit;

(4) Having left the country to settle down;

(5) Repaying the principal and interest of the house purchase loan;

(six) the rent exceeds the prescribed proportion of family wage income.

In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time. If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.