Credit cards (debit cards) can be used for loans. Generally speaking, banks will provide exclusive loan services for credit card (debit card) customers, such as Bank of Communications, China CITIC Bank Express Easy Loan, and China Merchants Bank Reserve Fund. As long as users have a bank credit card (debit card), which is in good condition and has no record of overdue repayment, they can apply for relevant loan services from the bank.
It should be noted that if you don't have a credit card (debit card), you can only apply for other loans, but you can't apply for such exclusive loans.
Do you have a credit card for the loan?
As long as you have a credit card and a good credit record, you can apply for a loan. In fact, you can't just apply for a loan with a credit card. However, borrowers can also apply for loans in other ways.
Loans generally need a stable source of income to be processed, but they also need to look at the specific requirements of banks. It is suggested that you can go to a regular lending institution for detailed inquiry. Application conditions: 1,1Chinese mainland residents over 8 years old; 2. Have a stable address and work or business place; 3. Have a stable source of income; 4. Without a bad credit record, the loan cannot be used for stock trading or gambling. 5. Other conditions required by the bank. Processing flow: 1. Submit an application to a local bank or lending institution; 2. Prepare various materials required for the loan; 3. Face-to-face signing of banks or lending institutions; 4. The bank examines the qualifications of the lender; 5. Approved and successful loans.
Can I get a credit card loan?
Credit cards can be used for loans. There are two main ways for cardholders to borrow money by credit card: 1. Withdraw cash through the bank counter or ATM and pay the corresponding handling fee; 2. Borrow from the credit card APP and withdraw the funds within the credit card limit into your savings card; 3. Make loans through consumer loan products launched by credit card APP.
Credit card loan means that the bank gives a certain amount according to the credit status of the credit card holder, and the cardholder can use the credit card for credit card consumption. Credit card loan repayment methods are divided into one-time repayment and installment repayment. According to the credit status of credit card holders, banks will increase the installment quota of their credit cards to meet the needs of cardholders to buy designated brand cars during the disposal period of designated dealers. Cardholders can repay the car purchase money in monthly installments only by bearing a certain handling fee, which fully reduces the repayment pressure. Handling fee: You don't need to pay bank loan interest to buy a car by installment with a credit card, but you have to bear a one-time handling fee. Handling fee = installment amount × cardholder's handling fee rate (the handling fee is included in the first month's bill after installment purchase), and the handling fee rate of each bank is different. Loan Term: Generally, the longest term of car purchase by installment is 24 months. Down payment: If you buy a car by credit card, you generally need to pay a down payment of not less than 30% of the car price. Limit: The bank has regulations on the credit card installment loan amount. For example, CCB stipulates that the installment amount range of car purchase is 200,000-200,000.
Credit card loan has zero interest, preferential handling fee, unsecured and unsecured installment payment. You can also enjoy credit card points feedback, without the burden of high loan interest, and you can also avoid cumbersome mortgage procedures. You can provide some materials to the bank, pay the handling fee in one lump sum and apply for a special credit card. The disadvantage is that the car price is limited, but you can choose most commonly used models. Shopping mall installment is one of the credit services of bank credit card consumption, that is, credit card holders can choose to divide the total price of purchased goods or services into three, six, 12 or 24 installments on average. Pay back the money on time according to the credit card bill every month. The cardholder chooses to go to the installment merchant store specially designated by the bank and complete the installment payment through the designated POS machine, which is referred to as "shopping mall installment payment".
Do you have a credit card for a loan?
Credit cards can be loaned without bad credit information such as overdue credit cards.
According to Article 11 of the Interim Measures for the Administration of Personal Loans, applying for personal loans shall meet the following conditions:
(a) the borrower is a citizen of People's Republic of China (PRC) with full capacity for civil conduct or an overseas natural person who meets the relevant provisions of the state;
(2) The purpose of the loan is clear and legal;
(3) The amount, duration and currency of the loan application are reasonable;
(4) The borrower has the willingness and ability to repay;
(5) The borrower's credit status is good and there is no significant bad credit record;
(6) Other conditions required by the lender.
Extended data:
Interim Measures for the Administration of Personal Loans Article 23 A lender shall sign a written loan contract with the borrower, and if a guarantee is needed, a guarantee contract shall be signed at the same time. The lender shall require the borrower to sign the loan contract and other relevant documents in person, except for loans handled through electronic banking channels.
Article 24 A loan contract shall conform to the provisions of the Contract Law of People's Republic of China (PRC), and clearly stipulate the commitment of good faith, the purpose of loan funds, the object (scope) of payment, the amount of payment, the terms and methods of payment of all parties. The loan contract should be set with relevant clauses to clarify the liabilities for breach of contract that the borrower should bear when it fails to perform or slowly performs the contract.