Let's be specific. What are the disadvantages of Ping An Consumer Provident Fund?
Lending method! After the approval of Ping An Consumer Reserve Fund, the loan will be directly transferred to the credit card and included in the credit card quota. You need to use a credit card to brush out the money, but you have to bear the handling fee for spending by credit card. Then this handling fee generally needs to be borne by the cardholder, so this invisibly increases the interest of the loan. On the contrary, which card loans can be directly credited to the savings card can save the money. According to the market standard rate of 0.6%, if 50,000 yuan is used, then the handling fee alone will need 300 yuan! So this drawback is obvious! Interest rate problem! Since it is an installment loan, it is naturally more concerned about interest rates. Because your picture is too small, I see the specific installment interest rate, but I can't see the red preferential interest rate from the picture, so I guess your monthly interest rate should not be lower than 0.8%, that is, 1 10,000 yuan, and the monthly interest rate is 80 yuan. This interest rate is still relatively high, which is 17.76% when converted into annual interest rate. This annual interest rate is indeed a bit high. In addition, many loan interest rates of Ping An will be slightly higher, such as Ping An Pratt & Whitney, New Generation and so on. It would be appropriate if you could make a discount on the basis of this interest rate. Therefore, the high loan interest rate is also a major drawback of the reserve fund! Consumer vouchers! This is a problem that all card loans will encounter. After using the reserve fund, you need to keep the consumption voucher to prove the whereabouts of the fund. This is the requirement of UnionPay. However, lending money to a savings card generally needs to provide consumption, because banks can't know where the funds go. However, if you lend to a credit card, the bank can detect the whereabouts of the funds through the merchant who swiped the card, so it is reasonable not to provide the consumption voucher. But Ping An's consumer reserve fund needs to be provided. Therefore, after the petty cash is spent, you must keep the consumption voucher, otherwise you can't provide it at that time. Ping An has the right to let you settle in advance! Ping An Consumer Provident Fund is used for credit reporting! Count it as your debt and credit. For example, if you apply for 6,543,800 yuan of Ping An reserve fund, you will increase your debt and credit by 6,543,800 yuan. This limit is added directly to the credit card limit. If your original credit card limit is 30,000 yuan, and you apply for a reserve of 6.5438+10,000 yuan, then your Ping An credit card limit is 6.5438+0.3 million yuan. Apart from the above shortcomings, others are basically minor problems. For example, the reserve fund cannot be used for investment, and it needs to be turned over to the savings card before it can be used for payment. In addition, the repayment of the reserve fund is accompanied by the credit card bill. Even if there is a limit in the credit card, it will not be deducted. You must take the initiative to repay!
The above is all the disadvantages of the safe consumption reserve fund!