How much can you borrow with a credit card? It turns out it’s so easy!

Nowadays, people have a high awareness of advanced consumption. Basically, everyone has 1-3 different credit cards, which can not only be used for daily consumption, but also used to apply for loans. Every bank has credit card credit products, and you can choose the right one according to your needs. Today we will introduce how much money can be borrowed with a credit card?

1. Bad record

Having a credit card does not necessarily mean you can successfully apply for a loan. If you have a poor repayment record, you often cash out maliciously, and your debt ratio remains high, in fact, it is important to apply for a loan. Harmful, after all, banks review loans based on your credit record, so it is very necessary to use your credit card well.

2. Credit card statement

A beautiful credit card statement is very useful. Not only can you apply for a bank loan, but many private loans also require authorization of the credit card statement, so whether the credit card statement is overdue, The size of your credit card limit and whether your credit card debt ratio is high are all factors that lenders will examine.

3. How much can you borrow with a credit card?

Different banks have slightly different regulations, which are related to income level, real estate and personal credit records. Generally speaking, the minimum is generally not less than 2,000 yuan and the maximum is generally not more than 50,000 yuan. Nowadays, banks under There are various types of credit card loans, such as China Merchants Bank and Bank of Communications, which are relatively reliable. In addition to credit card installments, they also offer cash withdrawals, and the limit will be higher.

In short, the maximum credit card loan limit can reach 100 of the credit limit. The most important thing is to work hard to increase the credit card limit and maintain a good credit score, which can be of great help at critical times.

There are several ways to apply for a credit card bill loan

A credit card bill loan is a personal credit loan that does not require collateral; there are three ways to apply for a credit card bill loan: you can apply by phone or online Apply online and other methods. China Construction Bank applies online; China Merchants Bank can apply in three ways: online application, mobile life application, and telephone application; Industrial Bank and Minsheng Bank call customers to apply;

Can I get a loan with a credit card?

Credit cards are available for loans. There are two main ways for cardholders to borrow money through credit cards: 1. Withdraw cash through bank counters or ATMs and pay the corresponding handling fees; 2. Borrow money through the credit card APP and withdraw the funds in the credit card limit to yourself. Deposit card; 3. Loans through consumer loan products launched by credit card APP.

Credit card loans refer to banks granting a certain amount of money based on the credit card holder’s credit status, and the cardholder can use the credit card to make purchases. Credit card loan repayment methods are divided into two methods: one-time principal repayment and installment repayment. The bank increases the installment limit of the credit card based on the credit card holder's credit status to meet the card holder's needs to purchase designated brand cars in installments at designated dealers. Cardholders only need to bear a certain handling fee to repay the car purchase amount in monthly installments, which is a new car loan model that fully reduces the repayment pressure. Handling fee: You do not need to pay bank loan interest when purchasing a car in installments with a credit card, but you will need to bear a one-time handling fee. Handling fee = installment amount Loan term: The maximum term for installment car purchases is generally 24 months. Down payment: When purchasing a car by credit card installment payment, you generally need to pay a down payment of no less than RMB 30 of the car price. Limit: Each bank stipulates the loan amount for credit card installment car purchases. For example, China Construction Bank stipulates that the installment amount for car purchases ranges from 20,000 to 200,000.

Credit card loans for car purchases include zero interest in installments, preferential handling fees, no guarantee, and no mortgage. You also enjoy credit card points rewards, without the burden of high loan interest, and you are also exempted from the tedious mortgage procedures. By applying to the bank Just provide some materials to apply for a special credit card and pay the one-time handling fee. The disadvantage is that the car models and prices are limited, but most commonly used models can be selected.

Shopping mall installment is one of the bank credit card consumer credit services. That is, when credit card holders make purchases, they can choose to divide the total price of the purchased goods or services into several installments, such as 3, 6, 12 or 24 installments. Pay in installments of several (months). Repay the amount on time according to the credit card bill in each period (month). When the cardholder chooses to go to a bank's designated installment merchant store and complete the installment payment through a designated POS machine, it is called "mall installment payment" or "mall installment" for short.

Can I get a loan if I have a credit card debt?

This depends on the amount of the loan required, the purpose of the loan, and the repayment plan. Banks will check your personal statement, personal assets, etc., and some even check your character. Each bank focuses on different things, and some basic information is shared between banks.

The key point is to have a clear payment plan and repayment plan. After all, loans have to be repaid with interest, and it is critical to be able to use this loan to obtain better returns.

Loans are divided into credit loans. If there is real estate as pledge, then other requirements will be much lower.

Generally, as long as the credit card of the bank you borrow from is not overdue, it will be fine. If the credit card debt is relatively large, the bank will consider the borrower's repayment ability and may not lend too much. If it is a mortgage, If you want a loan, there will be no problem. The required information is as follows:

1. Credit loan:

ID card, work certificate, company address, company phone number, salary statement, proof of residence, water and electricity invoices , Rights raising certificate, driving license, provident fund card, and social security card will help improve the overall score.

2. Mortgage loan:

ID card, household register, marriage certificate, income certificate, Bank statement, property rights certificate, land certificate (if married, provide information of both spouses).

Extended information:

Bank loans mainly look at the following two aspects:

1. The bank considers the repayment ability

The bank mainly examines It depends on your financial strength and repayment ability. As long as your credit card is in normal use and has no overdue or bad credit records, it will not affect your loan application. The bank will comprehensively consider whether to lend and the loan amount based on individual circumstances. But if every card in your hand is seriously overdrawn, the bank will question your ability to repay.

2. My credit record

If you have a debt on your credit card and have a bad credit record due to overdue repayment of the credit card, don’t rush to cancel the card. Canceling a credit card will not eliminate bad credit history. It is recommended to pay off the debt immediately to avoid interest compounding. For credit card bills with large amounts that cannot be paid off at once, it is more cost-effective to repay them in installments to avoid overdue credit cards.