What is the e-loan of China Merchants Bank?
1, lightning loan: no materials, no mortgage, online application, the fastest 30 seconds to complete the application;
2. Exclusive limit: independent e-loan account, exclusive cash limit, up to 30W, separate billing and separate repayment;
3. The first assessment will call the PBC interface (which means that the credit report will be checked). If the evaluation is successful, an account will be added and the loan will be credited to a debit card at one time (supporting multiple banks);
4. Daily interest calculation: the expected annualized interest rate is 0.05% (the expected annualized interest rate on the promotion day is 0.04%), and the e-loan can be paid off at any time without affecting the personal account;
5. Flexible repayment: only the minimum repayment amount is required every month, and the minimum repayment amount is calculated according to 10% of the total debt on the billing date.
E-loan of China Merchants Bank is a short-term cash credit business with daily interest provided by China Merchants Bank to eligible credit card holders. After the application is successful, the money will be transferred to the valid one-card account opened by the cardholder in China Merchants Bank or the debit card of other banks supported by China Merchants Bank (the account opening certificate must be the same as our credit card).
The money should not be used for investment, such as buying houses, stocks, futures and other equity investments, but only for consumption, such as decoration, household appliances, weddings, car purchases, student assistance, tourism and medical care. "e-loan" has an independent bill, and the date of the bill is the same as that of the personal credit card.
The interest generated in each billing cycle will be accumulated as the "circulating interest" of the current bill. Repayment needs to be made to the "e-loan" account separately. E-credit line is recycled, and a part of the line will be restored after each repayment. As long as there is an available quota, it can be lent again. E-loan eligibility is assessed by the banking system from time to time, and there may be no limit after repayment, which means that the current account situation does not meet the e-loan conditions.
Simply put, China Merchants Bank e-loan is an online loan product issued by a regular company. There is no need to worry that it will be tricky, but it is an online loan after all. Lenders should do what they can, and don't borrow blindly.