Users with China Merchants Bank credit cards can use the money from credit card loans to decorate their houses. How to borrow a credit card decoration loan from China Merchants Bank? I will introduce the credit card decoration loan of China Merchants Bank from the aspects of application conditions, quota, interest rate and process. Friends who don't understand can take out a small notebook and write it down. It's all crucial information!
Introduction of credit card decoration loan products
Judging from the credit card loan products of China Merchants Bank, taking the loan amount as the standard, E-invitation loan is the most suitable for decorating the loan amount. At the same time, the use of e-loan is limited to consumption, including decoration. Therefore, the following loan process is mainly based on the application conditions, quota, interest rate and process of e-loan.
Credit card decoration loan application conditions
1. To apply for e-loan from China Merchants Bank, you must first be a credit card user of China Merchants Bank (cardholders with student cards, platinum installment cards, business cards, official cards, purchase cards or supplementary cards cannot apply for the time being);
2. Personal credit is good and there is no record of bad loans and bad use of credit cards;
3. The assets and income of the borrower. Meet the lending conditions of China Merchants Bank E.
Credit card decoration loan amount
The loan amount of e-loan can reach 300,000 yuan, which can basically meet the loan demand of decoration.
Credit card decoration loan interest rate
1. Select repayment at any time: interest will be calculated from the trading day, and the daily interest rate will be evaluated by the system in real time. Generally, the daily interest rate will not exceed the monthly compound interest, and no extra handling fee will be charged. China Merchants Bank Credit Card Decoration Loan
2. Choose installment repayment: the handling fee of each installment is evaluated in real time, and only the handling fee is charged, and no interest is calculated.
Credit card decoration loan process
1. Download the CMB credit card mobile APP "Pocket Life", and bind CMB credit card after logging in;
2. From the column of "Card Finance", select "I want to borrow money";
3. In the page display of "I want to borrow money", find the application entrance of e-loan;
4. Enter the e-loan application page, check your credit limit, and choose a loan scheme according to your own needs.
5. After successfully applying for "e-loan" for the first time, an "e-loan" account will be generated and an "e-loan" electronic card will be issued at the same time. This card is only used for repayment, other transactions and card-related operations are not allowed, and self-service channel inquiry is not supported for the time being.
The credit card decoration loan of China Merchants Bank mainly introduces the application process and conditions of e-invitation loan. For users who apply for e-loan invitation for the first time, the e-loan invitation account does not open the automatic deduction agreement by default, and users need to set the automatic repayment function. Everyone should pay attention to this. Otherwise, you may miss the automatic deduction, resulting in overdue repayment.
China Merchants Bank Decoration Loan
Personal housing renovation loan refers to a loan that is issued for the purpose of family housing renovation, with the property and rights that the borrower or a third party owns or has the right to dispose of according to law as mortgage or pledge, or with the third party providing guarantee for the loan and assuming joint liability.
The renovation loan of China Merchants Bank can be distributed several times according to the renovation progress. The amount of each loan shall not exceed the approved loan amount, and each loan has the same loan term and repayment method.
First, the decoration loan conditions
The loan object is a natural person with China nationality and full capacity for civil conduct.
The loan object shall meet the following conditions:
1, identification
At least 18 years old, with local permanent residence and legal and valid identification.
2. Economic income
Have a proper occupation and stable income, and have the ability to repay the principal and interest of the loan when it is due. For the self-employed (that is, those who set up legal person institutions or other economic organizations by themselves, or hold more than 65,438+00% of the shares of the above-mentioned institutions, or whose main source of personal income is the operating income of the above-mentioned institutions), their repayment ability cannot be judged only by the income certificate issued by individuals. They should be required to provide relevant asset certificates, bank statements, financial statements, tax bill certificates and field surveys to understand their operating conditions and real financial conditions and comprehensively analyze their repayment ability.
3. Mortgage guarantee
Assets recognized by the bank can be provided as collateral, or a third party with sufficient compensation ability can provide joint liability guarantee.
4. Renovation contract
The Borrower has signed relevant renovation contract or agreement with the decoration company.
5. Housing certificate
Newly purchased houses are renovated, and information such as house sales contract (original), house purchase receipt or invoice shall be provided; If the original house is renovated again, the house ownership certificate shall be provided.
6. Other materials
Other conditions stipulated by the handling bank.
Second, the decoration loan processing
1, application
The borrower shall fill in the application form at the loan handling outlet with the following supporting documents:
Valid identification.
Proof of marital status.
Pledge and mortgage documents, if the guarantor provides guarantee, there must be guarantee documents.
2. Loan review
The bank investigates the borrower's guarantee, credit, etc. , according to the procedures for examination and approval, and notify the borrower of the examination and approval results.
Step 3 sign a contract
After the borrower's application is approved, it shall go through the following procedures:
Sign loan contracts and corresponding guarantee contracts with banks.
Go through notarization, insurance, mortgage (pledge) registration and other procedures.
4. Lending
After the borrower completes the relevant formalities, China Merchants Bank will release the loan to the borrower's personal account and transfer the loan to the relevant payee's account according to the borrower's entrustment.
How to apply for a decoration loan from China Merchants Bank?
The application condition for decoration loan of China Merchants Bank is 1. Having a local permanent residence and a legal and valid identity certificate; Have a proper occupation and stable income, and have the ability to repay the principal and interest of the loan when it is due. . The borrower can provide relevant asset certificates, bank statements, tax bill certificates, etc. For newly purchased houses, materials such as house sales contracts and purchase invoices should be provided (or newly renovated houses should provide materials such as house ownership certificates); Other conditions stipulated by the cooperation organization.
Can I apply for a decoration loan?
Decoration loans need to prepare personal and housing-related information, fill in the application form and apply to the bank. The following is the application process:
(1) Fill in the personal housing renovation loan application form.
(2) Provide valid certificates and photocopies (valid residence certificates such as resident ID card and household registration book).
(3) Home decoration project contract.
(4) Proof of economic income recognized by the bank.
(5) Provide house property certificate or house sales contract or pre-sale contract of commercial housing.
(6) Mortgage guarantee information: list of collateral, ownership certificate (commitment letter of property owner) and collateral evaluation report.
(seven) other information that needs to be provided.
Precautions:
1. Some commercial banks have specially launched decoration loans, and most banks classify decoration loans as personal consumption loans or personal unsecured loans. The application is faster, but it requires good credit and stable monthly income. It is best to be a lawyer, teacher, civil servant and other high-quality industries.
2. If you have a provident fund, you can apply for a provident fund decoration loan, but the procedure is more complicated.