Can I use a credit card to buy a house?

Under normal circumstances, when buying a first-hand house, you can use a credit card, but it should be noted that banks in some places do not support using credit cards as a down payment to buy a house. of.

1. If you use a credit card to buy a house, you will not accumulate points. And you cannot pay in installments when buying a house with a credit card. That is to say, after paying the down payment with a credit card, you need to pay off the card consumption in a timely manner according to regulations.

2. In fact, using a credit card to buy a house is actually a disguised "loan" and liability, and it does not use provident funds to repay the money. Moreover, you must repay the money on time. If it is overdue, it will have a negative impact on your personal credit score, so you must be careful when choosing a credit card to buy a house.

3. Generally speaking, the limit of one credit card is not enough to cover the down payment, so several credit cards are needed. Using a credit card to buy a house can only solve an urgent need, and the financial pressure caused later will be very great, so if it is not necessary, it is recommended to choose another option.