Now people have a high awareness of consumption in advance. Basically, everyone has 1-3 different credit cards, which can not only be used for daily consumption, but also apply for loans. Every bank has credit card products, so you can choose the right one according to your own needs. Today, let's introduce how much you can borrow with a credit card.
1, bad record
Having a credit card may not be able to apply for a successful loan. If the repayment record is poor, often malicious cash, high debt ratio, in fact, it is harmful to apply for loans. After all, banks review loans according to your credit history, so it is very necessary to use credit cards well.
2. Credit card bill
A beautiful credit card bill is very useful. Not only can you apply for bank loans, but many private loans also need to authorize credit card bills. Therefore, whether the credit card bill is overdue, how big the credit card amount is, and whether the credit card debt ratio is high or not are all points that the lending institution will review.
3. How much can I borrow by credit card?
Different banks have slightly different regulations, which are related to income level, real estate and personal credit records. Generally speaking, the minimum is not less than 2,000 yuan and the maximum is not more than 50,000 yuan. Now there are various credit card loans under the bank, such as China Merchants Bank and Bank of Communications. In addition to credit card installment, there is also cash withdrawal, and the amount will be higher.
In short, the maximum loan amount of a credit card can reach 100% of the credit limit. It is most important to increase the credit card limit and maintain a good credit record, which can help a lot at critical times.
There are several ways to apply for credit card bills and loans.
Credit card bill loan is a personal credit loan without collateral; There are three ways to apply for credit card bill loan: telephone application and online application. CCB applies online through the Internet; China Merchants Bank can apply in three ways: online application, pocket life application and telephone application. Industrial Bank and Minsheng Bank call customers to apply;
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".
Can I get a loan for credit card arrears?
It depends on the loan amount, loan purpose and repayment plan. The bank will check your personal flow, personal assets and so on. Some even test your character. The emphasis of each bank is different, and some basic information between banks is interoperable.
The key is to have a clear plan for spending money and repayment. After all, the loan has to pay interest, so it is very important to get better income with this loan.
Loans are different from credit loans. If the property is pledged, other requirements will be much lower.
Generally speaking, as long as the bank's credit card is not overdue, if the credit card debt is relatively large, the bank will consider that the lender's repayment ability may not be too much, and there is no problem if it is a mortgage loan. The required information is as follows:
1. Credit loan:
Identity card, work certificate, company address, company phone number, salary flow, residence certificate, water and electricity invoice, withdrawal certificate, driving license, provident fund card and social security card are helpful to improve the comprehensive performance.
2. Mortgage loan:
ID card, household registration book, marriage certificate, income certificate, bank account, property certificate, land certificate (information provided by married couples).
Extended data:
Bank loans mainly look at the following two aspects:
1. Banks consider repayment ability.
Banks mainly examine your financial strength and repayment ability. As long as your credit card is used normally and there is no overdue and bad credit record, it will not affect your loan application. Banks will comprehensively consider whether to lend and how much to lend according to individual circumstances. But if every card in your hand is seriously overdrawn, then the bank will question your repayment ability.
2. My credit history
If the credit card is in arrears and has a bad credit record of overdue repayment, don't rush to cancel the card. Cancellation of bad credit records of credit cards will not be eliminated. It is suggested to pay off the arrears immediately to avoid interest. For large credit card bills that cannot be paid off at one time, installment repayment is relatively cost-effective, which can avoid overdue credit cards.