Nowadays, more and more people have their own credit cards. In addition to shopping with credit cards, some people even use credit cards.
To solve their own financial problems. So how do you get a personal credit card loan? How much can I borrow?
1. What is a credit card loan?
Credit card loan refers to the overdraft function granted by the bank to the cardholder within a certain credit limit, which turns the consumer loan function of credit card into unsecured, and is actually a credit card transfer loan business. After the credit card loan application is approved, the bank will transfer part or all of the credit card amount to the debit card, repay the loan according to the repayment period agreed with the bank, and the cardholder will pay the corresponding handling fee.
Second, how to handle credit card loans
Credit card loan business application threshold is not high, as long as the cardholder's credit status is good and the account is normal, it can generally apply. To handle this business, except a few banks are invited by banks, most banks are invited by phone and customers apply actively. Generally, customers invited by banks get a higher loan amount than those who apply for it.
3. How much can I borrow with a credit card loan?
Credit card loans can apply for loans of 50-200,000 yuan, without mortgage, as long as the credit card holders meet the qualifications.
Fourth, the cost of credit card loans.
Because credit card lending is suitable for people in urgent need in the short term, it is not suitable for long-term loans. Therefore, after the credit card transfer loan, although the cardholder can repay the loan in installments, the number of installments ranges from 3 to 36 times. However, it should be noted that the longer the number of installments, the higher the expected annualized interest rate, and the monthly interest rate is around 12, that is, one month 1 ten thousand yuan will generate interest in 75 yuan.
If you borrow 50,000 yuan in cash in advance, 12 installments will be repaid, and the monthly interest will be one year, and the total interest will be 4,500 yuan. The expected annualized interest rate of personal loans from 6 months to 1 year (inclusive) is above 1 year, because the cost of credit card lending business will be higher than that of traditional loans.
Because different banks have different regulations, in terms of loan amount, it will basically be related to the original credit card amount.
Finally, I would like to remind those friends who want to borrow money. People in the society often target some people who are in urgent need of money under the banner of "mortgage-free and guarantee-free business". They often use the method of Guangfa SMS to find customers. Many people do private lending, and the monthly interest rate is generally above 2 points, and the high is about 5 points. Therefore, if you want a loan, you must apply to a regular bank or other financial institution to avoid being cheated.
Can I get a credit card loan?
Credit cards can be used for loans. As long as the lender has good credit standing, stable income and good repayment ability, there is no need to consider other issues.
Credit card loan refers to the overdraft function granted by the bank to the cardholder within a certain amount, which turns the consumer loan function of credit card into unsecured, and is actually a credit card-to-loan business.
After the credit card application is approved, the bank will transfer part or all of the amount in the credit card to the debit card and repay it according to the repayment period agreed with the bank before. This kind of loan can apply for a loan amount ranging from 5000 to 200000.
Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.
The credit card stipulated in the relevant laws of our country (Interpretation of the Provisions of NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal? . 20 17 12 1 The English Translation and Writing Standard for Public Service was formally implemented, which stipulated that the English name of CreditCard was Credit Card.
Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when spending, and repays on the bill date.
Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.
From the date of 202 1 1 1, the credit card overdraft interest rate is determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate is cancelled (the original upper limit is 0.7 times of the daily interest rate, and the lower limit is 0.7 times of the daily interest rate).
On May 25th, 2002/KLOC-0, the Supreme People promulgated and implemented the Provisions of the Supreme People on Several Issues Concerning the Trial of Civil Cases of Bank Cards.
main feature
① Credit card is one of the fastest-growing financial services, and it can replace the traditional cash circulation in a certain range;
② Credit cards have both payment and credit functions. Cardholders can use it to buy goods or enjoy services, and they can also use credit cards to obtain certain loans from card issuers;
Credit card is a high-tech product integrating financial business and computer technology.
Credit card can reduce the use of cash and currency;
⑤ Credit card can provide settlement service, which is convenient for shopping and consumption and enhances the sense of security;
⑥ Credit card can simplify the collection procedures and save social labor;
⑦ Credit cards can promote commodity sales and social demand.
What is the conversion mode between China Bank Great Wall card loan and credit card loan?
The conversion mode of Great Wall card loan between credit card and loan;
After you use the Great Wall Card to borrow a credit card, the bank will determine the outstanding amount of your current bill on the day after the due repayment date:
1. If the outstanding amount is greater than or equal to 65,438 yuan+00,000 yuan, the bank will automatically issue a loan for you to repay the arrears, and then you need to repay the loan with the same amount as agreed in the loan contract (according to the loan interest rate agreed between you and the bank).
2. If the unpaid amount is less than 65,438 yuan+0,000 yuan, the bank will not give you a loan, and you need to take the initiative to repay the Great Wall Credit Card.
For example:
The customer 1 owes RMB 20,000 on the billing date, and the customer repays RMB 3,000 on the day after the billing date (before the due repayment date). As of the day after the due repayment date, the unpaid amount of the customer was RMB 65,438+07,000, exceeding RMB 65,438+00,000. Then the bank will automatically issue loans to customers, and the loan amount is 17000 yuan. Thereafter, the customer shall repay the loan on time at the interest rate and repayment frequency agreed in the loan contract.
Customer 2 owed 8000 yuan on the billing day, but the customer did not repay it afterwards. If the customer's unpaid amount is still 8,000 yuan the day after the due repayment date, the bank will not issue the loan to the customer, and the customer needs to repay the credit card account of Great Wall Card. The repayment method is the same as ordinary credit cards.
Customer III owes RMB 20,000 on the billing date, and the customer repays RMB 65,438+05,000 on the day after the billing date (before the due repayment date). If the unpaid amount of the customer on the day after the due repayment date is 5000 yuan, the subsequent treatment will be the same as that of the customer II.
Special attention should be paid here: on the day after the due repayment date, if the unpaid amount of the customer includes annual fee, interest, repayment penalty (that is, late payment fee) and various expenses other than consumption, the loan amount issued by the bank does not include these expenses, and the customer needs to repay by himself. For example, one day after the due repayment date, if the customer's unpaid amount is 20,000 yuan, including consumer transaction19,000 yuan, and the annual fee, interest, repayment penalty (i.e. late payment fee), card replacement fee and other expenses are accumulated to * * *19,000 yuan, then the bank only issues loans19,000 yuan.
The above contents are for your reference. Please refer to the actual business regulations.
How to get a credit card loan?
With the rapid popularization of credit cards, more and more people use them now. Credit cards bring a lot of convenience to our lives, and we can even use credit cards to solve financial problems. Let's talk about how to borrow money by credit card first.
How to borrow a credit card loan?
In fact, credit card loan is credit card cash installment, also called cash withdrawal installment. Generally, the credit card holder applies or the issuing bank actively invites the cardholder to apply, and the credit limit of the cardholder's credit card is converted into cash, transferred to the designated debit card, and returned in designated installments every month.
To put it bluntly, the bank will convert the amount of your credit card into cash according to the amount you apply for, and then you can repay it in installments.
Bank cash installment business
Most banks provide credit card "cash installment" business, and each has its own name, and some have formed fixed brands, such as "Enjoy Loan" of Bank of Communications, "Dream Enjoy Loan" of CITIC and "Wealth Management Fund" of Guangfa.
Different banks have different approval quotas, up to 50,000 half. Most banks' approval quota is within the credit line, and some banks are special, such as CITIC Dream Grant, which can reach three times the credit line at most.
Matters needing attention in applying for cash installment payment
1. Some banks need users to pay special attention to the use of funds. For example, China Merchants Bank stipulates that funds should not be used for investment (including but not limited to equity investments such as house purchase, stocks and futures), but only for consumption (including but not limited to decoration, home appliances, wedding, car purchase, student aid, tourism, medical care, etc.). ).
2. Due to the different regulations of different banks on cash installment business, the cardholder needs to confirm the fees, quotas, charging information, arrival time, etc. Advance payment from the bank.
How to apply for a loan by credit card?
Can I apply for a loan by credit card?
You can apply at the local bank.
Application conditions:
1, Chinese mainland residents aged 18;
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.
How long can I apply for a credit loan with a credit card?
According to my years of experience in banking and using credit cards, I can handle two situations.
1. Generally, no bank handles cards by card, and the new card is generally higher than the original card.
The premise is that you have a credit card now, and the amount may not be high, but it doesn't matter. Remind you to keep a good repayment credit record, even if you keep the minimum repayment amount every month. When I was in college, I only paid the minimum repayment amount every month for quite a while, but the bank called me on its own initiative and increased the quota for me. Or use a credit card for more than half a year, or you can take the initiative to apply for an increase in the quota through customer service phone. In this way, your existing credit card limit will continue to increase, which is more convenient for you to apply for a high credit card in the future.
2. When applying for a credit card, submit relevant property certificates. Such as automobile production, real estate.
In fact, for high-value credit cards, I personally understand that the threshold for not having a bank is high or low, but different banks have different requirements for property certificates. It is not enough to provide them casually, depending on whether the bank accepts them.
For example, Minsheng Bank, where I worked, divided the high credit cards into diamond cards (starting from 200,000 yuan), luxury platinum cards (starting from 80,000 yuan) and standard platinum cards (starting from 40,000 yuan). But banks don't accept car ownership certificates. Even if you have a famous car, the only acceptance condition is: use a card to handle a card or a real estate.
There is no need to provide any additional proof of assets to apply for a card: the applicant is required to use the credit card for more than half a year, and the credit limit of the card is at least 40,000 (the original credit limit is more than 40,000, and the standard platinum card can be applied, the luxury platinum card can be applied for more than 80,000, and the diamond card can be applied for more than 65,438+0.5 million).
Real estate purchase: the standard platinum card requires the real estate value to be more than 800,000 yuan, the luxury platinum card requires 6.5438+0.6 million yuan, and the diamond card requires more than 3.2 million yuan.
According to my understanding of some colleagues around me, Guangfa and China Merchants Bank both accept certificates related to automobile production, so different banks have different application conditions. I suggest you consult the credit card handlers who set up stalls on the street and in shopping malls, or call the customer service of various banks.
How to get a credit card loan
If it is a credit card of China Merchants Bank, you can log in to the Pocket Life client and try to handle cash installment, e-loan, reserve fund, etc. Please refer to the audit results for the specific amount and expenses.
Can ICBC apply for a credit card loan?
Sure,
Credit card application conditions
China people, foreigners and compatriots from Hong Kong, Macao and Taiwan who must be at least 18 years old, have full capacity for civil conduct, have a legal and stable source of income and have a good credit standing can apply for a bank credit card with their valid identity documents.
The materials to be provided are as follows:
1. Identity information: copy of resident ID card or military officer's card; Hong Kong and Macao compatriots provide copies of their mainland travel permits and residence certificates for more than one year; Foreigners can provide copies of passports and residence permits for more than one year.
2. Proof of work income: proof of salary and a copy of social security (paid for more than half a year).
3. Auxiliary materials for applying for a credit card: education background, professional title, professional qualification certificate, self-owned real estate license, self-owned car driving license, telephone bills, utilities, gas bills and other original documents in the last three months of the current residence.
Can I get a credit card?
Applying for a credit card has nothing to do with having a loan!
Card requirements: 1, at least 18 years old; 2. Hold a valid ID card; 3. No bad credit record; 4. There is a work certificate and income certificate stamped with the financial chapter of the unit; 5. Other financial certificates, such as real estate, automobiles, stocks and bonds. 6. Social security certificate; The first four are the most basic conditions. If you can provide 5~6 supporting materials, it will improve the success rate of application and credit limit.
Can I apply for a loan by credit card?
1. Credit card (debit card) has two functions: one is consumption overdraft and the other is cash overdraft.
Second, within the repayment period stipulated by the bank, consumers do not charge fees for overdraft repayment; However, cash withdrawal and overdraft are subject to a handling fee of about 3% and interest of five ten thousandths per day!
Three, credit card cash withdrawal can be handled at the bank counter or ATM machine, but according to the basic regulations of the People's Bank of China, the maximum daily withdrawal limit of credit card is 5, which shall not exceed 2000 yuan.
Fourth, if you have multiple credit cards from the same bank, the credit limits of these credit cards are all used for * * *, and the cash withdrawal must also be within the limits set by the bank; If you have credit cards from several banks at the same time, the total withdrawal amount of all credit cards will be very high.
Fifth, the interest on overdraft withdrawal is 0.5 ‰ of the daily interest rate. If there is no cash in the card, that is, it is all overdrawn, then a withdrawal fee of 0.5 ‰ of daily interest will be charged.
How to get a loan with a credit card?
Loan to buy a house or do business? If you buy a house with a loan, you must have proof of your work unit and income, so that the bank will give you a loan if you have the ability to repay the loan. If you have a house, you can mortgage it to the bank, and the bank will give you an evaluation and give you a loan of 70%. When you get a credit card, you must pay attention to timely repayment, which will affect your reputation. If you have a bad reputation, you can't get a loan.
How to apply by credit card
If you use China Merchants Bank credit card, you can try to apply for a consumer reserve fund. That is, recruiting eligible cardholders to provide consumer credit services for installment repayment. After the application is successful, the money will be transferred to the cardholder's personal credit card account, giving priority to offset the RMB arrears under the personal consumption account of credit cards (except platinum installment cards and business cards). Unused consumer reserve funds will offset new transactions, but they cannot be withdrawn through overpayment.
How to use China Merchants Credit Card Loan?
Hello, if you need to handle our credit card business, do you mean to do cash advance business? The following is about the business of cash advance, please know:
Our personal credit card has the function of borrowing cash in advance. You can withdraw cash from your credit card through the ATM and bank counter of our bank or other banks (the same as using debit cards), or you can transfer the money from your credit card to the savings card of China Merchants Bank in your own name through online banking and telephone voice (the cash withdrawal function of business credit cards is consistent with the company's settings). Tips: There will be a certain handling fee and limit for cash advance, and interest-free repayment will not be enjoyed. From the date of cash withdrawal to the date of settlement, interest will be charged at the rate of 0.5 ‰ per day, and compound interest will be calculated monthly.
Cash in advance:
Cash advance, also known as cash withdrawal, is a credit card function that provides cardholders with small cash loans. Our credit card supports cash advance through ATM, bank counter, online banking and telephone.
Limit: Generally, the advance cash limit is 50% of the credit limit (except for cards with special provisions). At the same time, the maximum daily withdrawal amount of each card in China is RMB 2,000; The daily cumulative cash advance of each overseas non-UnionPay line shall not exceed the equivalent of 1 ,000 USD, the cumulative cash advance of 1 month shall not exceed the equivalent of 5,000 USD, and the cumulative cash advance of 6 months shall not exceed the equivalent of 1 ,000 USD.
Handling fee, interest and limit: handling fee: the domestic handling fee for RMB cash withdrawal is 65,438+0% of each cash withdrawal amount, and the minimum charge is 65,438+00 RMB; The handling fee for overseas cash withdrawal is 3% of each cash withdrawal amount, and the minimum charge is USD 3 or 30 yuan RMB (USD 5 or 30 yuan RMB for American Express Card-Centurion Black Gold Card and American Express Card-Centurion Platinum Card). There is no inter-bank handling fee for cash advance.
Interest: Cash advance does not enjoy interest-free repayment. From the date of cash withdrawal to the date of settlement, interest will be charged at a daily rate of 0.5 ‰, with compound interest on a monthly basis.
If you have any questions about other CMB credit cards, please search for "4008205555" among QQ corporate friends and add "CMB Credit Card Center" as your friend; Or search for "cmb4008205555" on WeChat, and pay attention to "China Merchants Bank Credit Card Center" for consultation. Thank you for your attention and support to China Merchants Bank!
This concludes the introduction of credit card lending and credit card lending. I wonder if you found the information you need from it?