Users apply for car loans from banks. After the approval of the bank, the bank will send the credit card to the user. This credit card is used to repay the car loan every month. Banks generally don't accept car loans, but they have the business of buying cars by installments with credit cards, that is, buying cars by installments with credit card quotas, so credit cards are used as repayment bank cards. This is a car installment business handled by a credit card, which can also be understood as similar to a car loan. It means that a large special installment payment is approved on the credit card, and you can repay it directly to the card without activating it. The credit card letter will indicate the monthly billing date, and the monthly repayment date is the 20th day after the billing date. The repayment date of each month is fixed. When the first month's bill is issued, you should receive a text message to remind you to repay it.
In addition, the user must return the money to the credit card on time every month. Unless there is an agreed grace period for repayment, there will be a credit report on the overdue day.
First, the credit card installment car purchase process
(1) filing an application. After being optimistic about the vehicle to be purchased, fill in the Application Form for Automobile Consumption Loan and the Credit Status Questionnaire, and submit them to the loan bank together with the relevant certificates of personal situation.
(2) The bank conducts pre-loan investigation and approval. If the loan conditions are met, the bank will promptly notify the borrower to fill in various forms.
(three) notify the borrower to sign the loan contract, guarantee contract and mortgage contract, and go through the mortgage registration and insurance procedures.
(4) Loans issued by banks (directly transferred to the account of automobile dealers by banks).
(5) The borrower pays the down payment to the car dealer, and goes through the formalities of car pick-up with the passbook and car pick-up slip issued by the bank.
2. Materials required for car purchase by credit card installment:
1. First apply for a credit card;
2. Give you a loan to buy a car according to your credit history (that is, you should activate the card when you get it, then use it for a period of time, swipe it frequently, and then pay back the money on time. Don't fail to pay back the money. Good credit record);
3. Each bank cooperates with the designated car dealer, which means that you can only choose the car brand provided by the bank, and then choose the loan period according to your own economic situation after choosing the brand (only 1 year, 2 years and 3 years);
4. Then go directly to the bank outlet to find the account manager, and they will handle it for you, usually within 15 working days.
How to repay a car loan with a credit card
The owner can use the credit card to repay at the ATM of the mortgage bank, or bind the credit card with the bank card to set up automatic repayment.
The cardholder can repay the car purchase price in monthly installments only by bearing a certain handling fee.
Pay attention to the following points when repaying car loans with credit cards:
First of all, credit cards can't pay the down payment for cars.
Second, there is a one-time handling fee for credit card car purchase, which needs to be paid off at the first repayment.
If the buyer pays the money in advance, the one-time handling fee will not be refunded.
The repayment method of CCB car loan is as follows:
1. Open the China Construction Bank app and click the place indicated by the arrow in the upper right corner.
2. Next, click Login Now to log in to the CCB app client.
3. After logging in, click the loan indicated by the arrow.
4. After entering the loan page, click Repay Now as indicated by the arrow to repay the car loan.
How to repay the car loan with a credit card?
Users apply for car purchase by credit card (debit card) in installments. When each installment is repaid, as long as the repayment amount is deposited into the credit card (credit card), the system will automatically initiate the deduction on the repayment date, which is equivalent to the user returning the current car loan. Buying a car by credit card (debit card) is to repay the car loan in installments every month, and only need to pay a certain handling fee, which is a car loan model promoted by banks.
Therefore, to apply for a credit card (debit card) to buy a car by installment, users need to have a credit card (debit card), and users without a credit card (debit card) need to apply for a credit card (debit card) before they can handle this business.
How to repay a car loan with a credit card
The owner can use the credit card to repay at the ATM of the mortgage bank, or bind the credit card with the bank card to set up automatic repayment. The cardholder can repay the car purchase price in monthly installments only by bearing a certain handling fee.
There are several points to pay attention to when repaying a car loan with a credit card: first, a credit card cannot pay the down payment of a car; Second, there is a one-time handling fee for credit card car purchase, which needs to be paid at the first repayment; If the buyer pays the money in advance, the one-time handling fee will not be refunded.
At present, this loan car purchase method is very popular among car buyers, but credit card repayment of car loans is very important for the credit status of cardholders. If the credit card customer is in poor condition and has a record of overdue or arrears, this loan method cannot be approved. You must hold a bank credit card for a certain period of time and have a certain credit limit.
In this way, the bank does not charge interest on the loan, but it has to pay a certain handling fee, which is generally deducted by the bank at one time. The amount of handling fee is generally determined by the loan term and loan mode. 1 The handling fee charged during the loan period is about 2%-5.5%, and the handling fee charged during the two-year loan period is between 6.5% and 7%. Major banks may be different, and car owners can go to the bank for consultation. (Photo/Text/Photo: Wu Binbin) @20 19
So much for the introduction of how to repay the car loan credit card.