When using a credit card for personal consumption loans, it is actually a credit-guaranteed loan. However, this kind of loan is also interest-free, that is, it is consumed within the overdraft limit, that is, the loan does not pay interest. Credit card personal consumption loan has a short loan period, only about 20 days to 30 days. During this period, there is no need to pay any interest for timely repayment after overdraft consumption.

Second, enjoy the preferential activities of merchants.

At present, banks have joined hands with many businesses such as shopping malls, restaurants and cinemas, and there are preferential activities for handling personal consumption loans with credit cards. It is very suitable to use the personal consumption loan of credit card for consumption. You can not only buy what you need, but also enjoy discounts or gifts. Moreover, you can get credit card points after using credit card personal consumption loans, and the points can be exchanged for gifts given by banks. Kill two birds with one stone, very appropriate.

Third, it is conducive to improving personal credit records.

Using credit card to make personal consumption loans and repay them on time can gradually improve the credit of cardholders and correspondingly increase the overdraft limit of credit cards. Raising the credit line will be very beneficial to future consumption, loans, going abroad and traveling.

Through the introduction, I believe that everyone has a certain understanding of the advantages of personal consumption loans, and I hope that the introduction can bring some help to everyone.