1. Can I get a credit card loan to buy a house? Is it cost-effective to get a credit card loan to buy a house?

Buying a house can be said to be the first problem solved by those born in the 80s and 90s when they get married, but for those who don’t have much savings, It is very difficult to buy a house, so some friends put their thoughts on credit cards and want to know if they can use credit cards to get a loan to buy a house. Let me introduce it to you below. As we all know, a credit card is equivalent to a consumer loan provided by the bank to the cardholder. The cardholder swipes the card to spend or withdraw cash within the available range of the credit card. Therefore, buying a house with a credit card loan can be regarded as taking the credit card directly to the real estate company to swipe the card. Just consume. Of course, this must be done with policy support. Can I get a loan to buy a house with a credit card? In the credit card application contracts or articles of association of some banks, it is only required that credit cards shall not be used to invest in the stock market, futures market and other markets, and shall not be used to evade taxes, evade debts, obtain cash, and conduct production and operations. Overdraft and other illegal and illegal activities. As for the issue of buying a house, there is no clear explanation, which means that you can get a loan to buy a house with a credit card. Many real estate companies also said that banks do not stipulate that credit cards cannot be used to purchase houses. It is actually very simple to use credit cards to purchase houses. Just swipe the card just like purchasing other goods. How to get a loan to buy a house with a credit card Although you can buy a house with a credit card, you still have to consider some issues when buying a house, such as whether it is better to swipe one credit card directly or use several credit cards to pool the money. Here, it is recommended that when buying a house with a credit card, it is best to use 2 to 3 credit cards. After all, even the down payment costs tens of thousands of yuan. If you directly pay with one credit card, it is easy for the bank to risk control and think that you are cashing out. It is not cost-effective, and using multiple credit cards to pool the down payment can avoid this risk. In addition, one advantage of using a credit card to buy a house is that you can apply for installments after the bill comes out to relieve financial pressure. If the fixed limit is not enough, you can also call the credit card customer service to apply for adjusting the temporary limit. The temporary limit can generally be increased by 50-80. It should be noted that the temporary limit has a validity period, usually 1-2 months. After using the temporary quota, you cannot apply for installments, nor can you repay according to the minimum repayment amount. You must pay it off in one go. Credit card swiping to pay down payment does not accumulate points. Cardholders should also swipe credit cards based on their own repayment ability, and do not spend excessively in advance to avoid being unable to repay in time, causing the credit card to become overdue, incurring interest and late payment fees, and even affecting personal credit records. Is it cost-effective to buy a house with a credit card loan? Whether it is a good deal to buy a house with a credit card depends on its expected annualized interest rate. Here is a comparison of the credit card bill installment rate and the expected annualized interest rate of ordinary bank loans. Calculated based on the installment payment of 150,000 yuan with Everbright Credit Card, divided into 12 installments, the total handling fee in one year is 10,500 yuan, which is equivalent to an annual interest rate of about 7, and the benchmark expected annual interest rate of a one-year loan is 6. It can be seen that although the credit card installment business can solve the urgent need, the expected annual interest rate is much higher than that of ordinary bank mortgage loans.

2. I want to get a loan to buy a car, but I don’t know whether to go directly to a 4S store or go to a bank to get a mortgage loan and then use the money to buy a car. Which one is more cost-effective?

Be sure to remember that you can only go to a bank to apply for a loan, otherwise you won’t know if you have suffered a huge loss. Today's loan procedures are very simple. Customers usually only need to go to CCB for a loan twice, once to receive the loan and once to withdraw money. The entire process from acceptance to disbursement takes up to 5 working days to complete. Contacting the bank directly will only save you money and make it safer.