Credit card loan is based on credit card platform to carry out credit card installment or advance cash loan business. Credit loan is a loan fund attached to the full trust of the borrower's qualification.

2. The loan amount is different

Many people's credit card limit is difficult to break through the 20 thousand yuan mark. If they want to borrow money to travel, buy a car and decorate, it seems that they are a little short of money. In contrast, the amount of credit loans is mostly 10 times of personal monthly income. As long as your monthly income exceeds 2000 yuan, the credit line can easily exceed the credit card.

3. The loan term is different.

Generally speaking, credit cards are mainly short-term, the longest is 24 periods, that is, two years, while credit loans have laid a long-distance running route, which can reach five years at the longest.

4. Different characteristics

Credit card consumption is a non-cash transaction payment method, and there is no need to pay cash when spending, and repayment is made on the billing day. The credit card limit is relatively small and can only be used for consumption. If you withdraw cash, you have to charge interest, and the repayment period is relatively short. The loan amount is relatively large, the term is long and flexible.

References:

Baidu encyclopedia-credit loan

Baidu encyclopedia-credit card