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How much is the credit card installment purchase quota?
Buying a car by stages with a credit card reduces the pressure on car buyers to some extent. If the amount of car buyers is sufficient, they can also choose cars by stages directly with credit cards. So, what is the credit card installment purchase quota? Next, let's take a look. How much is the credit card installment purchase quota? The credit card loan amount needed to buy a car depends on the actual situation. The amount of credit card installment loan to buy a car is not the original fixed amount of credit card, but the amount granted by the bank according to the credit rating, credit record and car purchase price of the credit card holder. Generally, the maximum amount of credit card installment loan to buy a car is 200,000, and the amount of credit card installment loan to buy a car cannot exceed 70% of the naked price of the car, which means that the maximum price of using credit card installment loan to buy a car is around 280,000. Due to the limited credit limit of general credit cards, the issuing bank will generally require the cardholder to provide proof of financial resources. The sources of funds recognized by the bank include real estate license or commercial housing sale (pre-sale) contract, purchase invoice, etc. Some banks require a credit card overdraft limit of 654.38 million to 200,000 yuan, and some banks allow cardholders with good credit to apply for credit lines to buy cars in installments.