First of all, it depends on what you want to buy, what is the price, the amount and time of repayment? It is still necessary to analyze specific problems. Both have their advantages and disadvantages, so we can't generalize.

The difference between credit card and loan. 1, bad line

First of all, their credit lines are different, and the credit card line is relatively small. According to everyone's qualifications, its line is different, but generally speaking, it is not much. If the price of things bought at this time is relatively low, you can use a credit card.

Then the bank's loan amount is higher than this. If the purchase price is relatively high, you can apply for a bank loan at this time.

2. Differences in interest charges between credit cards and loans.

In addition to the difference in amount, there is also a very important difference in handling fees between the two. If the shopping volume is relatively large at this time, you may want to figure out which one is more cost-effective for you. Now many goods can be paid by credit card in installments, free of interest, which is also very cost-effective. Credit cards are very convenient to use. After all, you have a credit card and you can use it now, but if you want to apply for a loan temporarily, it may not be approved.

3. The repayment time is different

In fact, the main function of a credit card is to give you an interest-free period for a period of time. After spending this month, I have to pay back the credit card next month. The repayment time of the loan is different. It will take longer. At this time, you can allocate funds reasonably according to your own plan. Unlike credit cards, which are used up this month, you have to think about how to make up the money next month. Another is that the credit card we just mentioned is mainly used for people to spend in advance, so its main purpose is to spend money. It has many restrictions and you are not allowed to use it for other purposes.