Credit line, also called credit line, refers to the loan line given to you by a bank or institution after a comprehensive evaluation of your credit qualification. Credit line, also known as "credit line", is the maximum amount allowed by the borrower in the agreement signed between the borrower and the bank. However, this provision is not legally binding, if the bank lacks credit funds or changes the credit limit or refuses to provide loans according to the situation.

Refers to the amount that the lender can borrow from the borrower without providing property guarantee. It usually means that a natural person borrows money from a bank, and the bank is willing to provide the highest amount of loans according to the credit status of the individual. This amount will be determined unilaterally by the bank because of income, income, debt ratio, work content, company, company position, property and so on. This kind of lending relationship is usually that banks lend money to natural persons, which is usually a necessary business behavior for commercial institutions and multinational exchanges.

Introduction to quota

Because the credit line is an unsecured loan line, the line is usually not too high, and this line will mean that the borrower must have a higher credit line and all the conditions of the borrower must be quite good, so the lender will be willing to provide a higher loan line.

Credit card limit

Relationship limit: if ICBC has more than two credit card users, it actually uses a higher credit card limit, and the credit card with a lower credit limit actually uses a higher credit card limit. If a credit card with a lower credit limit is swiped, a credit card with a higher credit limit will be deducted accordingly.

Generally, ICBC informs the card amount, and cardholders cannot use the card amount. For example, ICBC's cardholder quota is 3,000 yuan, and one card is 10000 yuan. The cardholder uses 3000 yuan to cancel the account, and another card with 10000 yuan is also reduced by 3000 yuan. This is the so-called relationship limit.

* * * Entitlement

* * * Credit limit: that is, the credit card holder has handled multiple credit cards of a bank, and the credit card spending of these credit cards will be reduced accordingly.

Second, what does the credit line mean?

Line credit refers to the reusable credit line granted to customers by banks or other financial institutions. Customers can withdraw money at any time according to their own needs within this limit, without having to apply for a loan from the bank again every time. Credit line usually has a certain term and interest rate, and customers can flexibly use and repay according to their actual situation. This way of granting credit is more flexible and convenient, and it is also more suitable for the short-term needs of individuals and enterprises. Common credit lines include credit cards, personal consumption loans and commercial loans.

Three. What is the credit limit?

The credit line is the maximum amount of unsecured loans stipulated by banks to borrowers.