Which one is more cost-effective, a loan of 100,000 yuan or a credit card? In terms of the difficulty of getting money, it is relatively difficult to get a loan of 100,000 from a bank in the traditional way. Generally, the loan applicant is required to provide strong financial proof, but for ordinary people, they are relatively short of money. There is not much property left. Of course, you can also apply for online loans. Many online loans have a limit of up to 200,000. As long as the borrower has good credit, a stable job and a source of income, the asset requirements are not so strict, but the age requirement will be more complicated. Some online loans also have academic requirements. If it is a credit card, the initial limit of most credit cards is 10,000 to 20,000. If you have good qualifications, you can get a credit card with a limit of 50,000. Apply for several more bank credit cards with a credit limit of 100,000. It is easier for ordinary office workers to get it. arrive. In terms of cost, if you have many credit cards, you can repay each other back and forth. By making good use of the interest-free period of the credit card, you can use 100,000 funds at no cost and without paying interest. However, if you choose installment For repayment, under normal circumstances, the comprehensive annual interest rate of a credit card is around 14. If it is a bank loan of 100,000, the general loan interest rate is between 5 and 10. If it is an online loan, the lowest daily interest rate of many online loans is converted to an annual interest rate of If used properly, no interest is required, and it is still much more cost-effective than a loan. Once the loan is used, interest must be calculated.