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How should the borrower use the loan credit line?
In recent years, more and more people apply for loans through bank financial institutions, and the loan industry is gradually humanized. You can easily apply for a loan online and on your mobile phone without leaving home. As long as the personal information is authorized, the loan amount can be obtained. Under normal circumstances, the amount given by the organization basically meets the demand, even exceeding the application amount. So how should borrowers use the loan credit line?

1. Revolving line: In general, the credit line can be recycled. For example, CCB Express E Loan gives a certain credit line, which can be borrowed repeatedly within the validity period. Upon expiration, the credit line will be invalid and need to be reapplied.

2.* * * Credit line: Credit line is divided into total credit line and single credit line. All credit products under the borrower's name will enjoy the total credit line. If one product occupies the credit line, other products can only get the remaining credit line.

3. Clarify the credit line: No matter the policies of banks and financial institutions change or the personal qualifications of borrowers do not meet the requirements, the credit line may be emptied at any time and it is impossible to apply again.

The above is an introduction to how the borrower uses the loan credit line. I hope the answer helps.