With the continuous growth of China's economic capacity, the total number of vehicles is increasing, and it is increasingly obvious that parking spaces cannot be found. Parking spaces must be improved in the future. At this time, someone will want to buy a parking space with a loan. In view of the problem of how to borrow parking space loans and why to borrow them with credit cards, here are some explanations.

How to borrow a parking loan?

General steps of applying for parking loan

1, you must sign the Parking Lot Purchase Contract with the real estate developer;

2. Pay a down payment of 20-30% of the total parking space price to the bank, or pay a special down payment for the bank;

3. Fill in the loan application form and submit the raw materials needed for approval;

4. The bank conducts examination and approval and credit investigation;

5. Sign a loan contract. If there are pledged assets, you must also go through relevant procedures;

6. The bank will immediately transfer the loan to the special account of the real estate agent;

7. Finally, pay interest according to the requirements of the loan contract.

Why is parking loan a credit card?

Parking space loans can be obtained not only from banks but also from credit cards. Why do most people buy credit cards? The reason for this is the following：

1, the credit card service fee is low.

Because of the fierce competition in the credit card business process market, the loan service fee is lower than many banks.

It is easier to apply for credit card installment payment.

There are many necessary documents for bank loans, and there must be collateral, loan guarantor and so on. The other half of consumer loans must also be dedicated to banks, and the procedures for bank approval are relatively long.

It is much easier to go through the formalities of credit card installment payment. People who happen to have credit cards go to the bank to activate the installment payment function. If you cancel some projects by credit card, just call the bank and tell it to pay in installments. There is no need to give other loan guarantees and raw materials.

3. Credit card _ has specific items and main purposes.

In order to better reduce their own risks, general bank loans can only be approved for the main purpose of specific user transactions, and there must be corresponding sales agreements.

There are not so many standards for credit card installment, let alone random installment repayment. People with credit cards can buy goods at will, and after payment, they can call the bank to show that these accounts are paid in installments, which can meet the needs of most people.

Parking loans can generally be borrowed for two years.

Parking loan can be borrowed for 1 to three years, and if it is an applied mortgage loan, it can be done for up to ten years. However, the approval period is long, which usually takes about one month.

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