As far as we know, CITIC can only borrow a term loan once. After the owner pays off the loan, the contract automatically becomes invalid and it is impossible to apply for a loan again. Therefore, CITIC Mobile Time Loan is not the same as some popular loan platforms at present, and it is not a turnover line. However, eligible friends can try to reapply.
Here, I would like to introduce several characteristics of CITIC's time loan.
1, processing method
To apply for CITIC Mobile loan, you need to apply online first, and then go to CITIC Bank outlets to confirm your identity. Therefore, CITIC Mobile Loan can be easily handled through the Internet, unlike those pure online lending platforms.
2. Withdrawal method
CITIC Action Time Loan will only be issued to the borrower's own savings card of CITIC Bank. Therefore, before withdrawing cash, you must apply for a savings card from a bank in Zhang Zhongxin.
3. Repayment method
Although CITIC Action Time Loan does not support revolving line, you can repay it at any time, and the loan interest is calculated on a daily basis.
To sum up, the loan contract of CITIC Mobile Loan is one-off, and the loan can only be borrowed once. After the loan is paid off, the contract is invalid. Therefore, friends who want to apply for revolving loan products can only give up CITIC Mobile Time Loan.