In addition to being able to use overdrafts for consumption, many banks' credit cards can also provide cardholders with cash loan services, such as China Merchants Bank e-Bank Loan, Shanghai Pudong Development Bank, etc. Some cardholders’ credit cards are newly applied for, so can they also be used for loans? Let’s find out together.

Can I get a loan with a new credit card? Credit card loans are actually credit card special cash installment services. They are services that only high-quality customers can enjoy. These customers usually accumulate slowly through long-term card use, because when lending, banks will comprehensively evaluate the cardholder’s credit conditions and card usage. If the credit card you just applied for is not up to standard, the bank will not be assured of approving the loan. Therefore, if you want to get a loan with the new version of the credit card, you must have used the card for at least 6 months, and you must also develop good card usage habits, spend more with the card, standardize the use of the card, repay on time, and buy financial products from the card-issuing bank. Apply for a bank card, pay transactions, etc. Once the overall score is improved, you will easily be invited by the bank to apply for a loan.

Notes on credit card loans: 1. Seize the opportunity: Many banks can apply for mobile banking and official WeChat, but you will also encounter approval failures after submitting the application. If a bank invites you to apply by phone, this It is more stable, but you should pay attention to the loan term, amount, fees, etc. 2. Keep the vouchers: After applying for a credit card loan, the bank will ask for consumption vouchers at any time to verify whether the use of funds is consistent with the reasons submitted during the application. If it cannot be submitted, or the submitted vouchers do not meet the requirements, the installment may be terminated early. Loan and repay the remaining principal and fees in one lump sum.