Decoration loan is a decoration loan launched by the bank to mortgage customers, which is generally handled by mortgage banks. However, the decoration loan is earmarked. When handling the loan, the lender will be required to provide the contract signed with the decoration company, and the loan can only be paid in this decoration company.
Usually, the money for decoration loans can't be brushed casually in the bank card. In addition to the decoration company's credit card machine, you can't use other merchants' credit card machines to swipe your cards. This is also to prevent the lender from using the money in the card for other purposes. Remember to keep relevant consumption vouchers, otherwise it will be more troublesome for banks to verify the use of funds without consumption vouchers.
Because of the characteristics of the decoration loan card itself.
First, the decoration loan card is not an ordinary savings card or credit card. It's a bank decoration loan, just putting money into a bank card.
Second: the decoration credit card cannot be directly withdrawn or transferred.
Third: the decoration credit card must be swiped on the online POS machine of merchants in designated industries. The designated industries are: building materials industry, decoration industry and home furnishing industry. Code skipping for merchant POS machine was unsuccessful.
Fourth: the decoration loan card is a one-time bank. After the credit card is swiped, the card will automatically become invalid. It is not a reusable credit card, nor can it be used to save money like an ordinary savings card.