CITIC Bank Xujinbao

Xujinbao is a cash installment loan product launched by China CITIC Bank. It is mainly targeted at users who are credit card holders of CITIC Bank and have previously handled cash installments with their credit cards. Products, users can apply for them without guarantee or mortgage. The maximum loan amount of Xujinbao is 300,000, and the maximum standby period is 3 years. The charging standards for Xu Jinbao cash loans are also very transparent. The current charging standards announced by China CITIC Bank are as follows:

Xu Jinbao early repayment

CITIC Bank’s Xu Jinbao can be repaid in advance Yes, but the borrower must be charged liquidated damages for early repayment, and the installment fees already collected will not be refunded. According to CITIC Bank's regulations, if the borrower wants to settle the remaining unpaid funds of the Renewal Jinbao product in advance, after making the application, the borrower needs to deposit the outstanding funds into his own credit card account in one go within the time specified by CITIC Bank. The principal and handling fees charged by the bank. In addition, the bank will charge a one-time 3% of the unpaid principal as liquidated damages for early repayment, and the handling fees previously collected will not be refunded.

Therefore, unless there are any special reasons, it is not recommended to pay off the Jinbao loan from China CITIC Bank in advance. After all, the interest will not be reduced, and you will also need to pay a penalty, which is relatively uneconomical.

Can Xu Jinbao be credited?

Xu Jinbao is a product launched by China CITIC Bank. Most banks are connected to the credit reporting system of the People's Bank of China. Therefore, as long as the borrower is overdue, It is inevitable that there will be stains on your credit report. Those with serious cases will not only be unable to obtain loans or use credit cards in the future, but will also be unable to ride high-speed rail trains.

Credit is equivalent to a reference business card for us. Once there is a problem with credit, it will have a great impact on life. Many companies will also refer to the interviewer's credit when recruiting. Nowadays, for some serious cases, children may be rejected by some colleges and universities due to their parents' credit problems during the college entrance examination. Therefore, you must repay your loan on time to avoid causing trouble for yourself and your family.