What does the frozen limit of a credit card (credit card) mean?

Credit card (credit card) frozen limit means that the bank freezes the available limit of a credit card (credit card). After the limit is frozen, the credit card (credit card) cannot be used regularly. Usually credit cards (credit cards) are subject to risk control, or credit cards (credit cards) are used illegally, etc., which may result in the limit being frozen. After the limit is frozen, it is best for users to actively apply for unfreezing. It will take a long time for the bank to automatically lift the frozen status.

In addition, after the limit is frozen, the repayment function will not be affected, and users still need to repay each installment of their credit card (debit card) on time.

What does Time Installment Quota Freeze mean?

"Loan Quota Freeze" actually means that the amount provided to customers by lending institutions and platforms has been frozen for some reason and will no longer be available. Provided to customers customers. If a customer has a bad credit limit during the borrowing and repayment process, such as late repayment, which will damage personal credit, then the lending institution and platform are likely to freeze the credit limit so that the customer can no longer borrow.

Sometimes customers may move to other places, change device logins, change bound mobile phone numbers, etc. As account risks increase, institutions and platform systems will also be affected by risk control and freeze quotas. There is still a chance that the quota freeze will be restored. If a customer's credit limit is frozen due to credit problems, take good care of your credit and repair your credit report.

When the system assessment meets the standards, the quota can be unfrozen and the customer can continue to borrow money. If the limit is frozen due to risk control, the customer only needs to wait patiently for the risk control to pass, and the limit should be restored at this time. Of course, it is best for customers to develop good credit habits. After borrowing money, remember to repay it on time, and be careful not to apply for too many loans at the same time to avoid borrowing for a long time.

Time Installment is an online credit product of Time Finance.

Purely online, unsecured credit loan product

Revolving line product, available for use at any time

Provides users with application and loan services

Officially launched in January 2015

Cumulative registered users exceed 20 million, and cumulative service users exceed 2.5 million

Frozen limit

For example, your credit card limit It's 9000, and the mobile phone is 5000. If you buy a mobile phone in installments, the frozen amount is 5,000. Installment consumption will freeze the credit limit of the corresponding amount of your credit card, that is, spend 12,000, freeze 12,000, and release the corresponding limit according to the repayment amount of each installment

When querying the credit card limit, it can be divided into the available limit and the total amount of your credit card itself Available credit limit = total credit card limit - consumption limit - frozen limit

It is recommended that when buying a TV, you first make full use of your 12,000 quota, and then save 10,000 in the card to buy furniture. This is to make full use of your credit card limit. After swiping the card, you cannot use the credit card to purchase mobile phones in stages.

Credit card installment needs to freeze the corresponding amount; installment payment is interest-free; according to the number of stages, you can pay a certain handling fee; there is no handling fee for purchasing items in bank credit card malls; if you need to pay before the monthly repayment date After completing the repayment, you can enjoy the interest-free policy; the maximum installment amount is equal to the maximum authorization limit of the credit card; one repayment will be unfrozen; the amount is sufficient for multiple installments.

The installment limit will occupy the available limit of the credit card. The credit limit will be restored after the cardholder repays the loan. For example, the cardholder's credit card limit is 10,000 yuan, and if he pays 6,000 in installments, then 6,000 will occupy the limit. Before installment payment, the credit card can only be used up to a limit of 4,000.

Can I still get a loan if my credit card is frozen? There are two situations!

The credit society attaches great importance to everyone’s credit report, especially when applying for a loan. Checking the credit report is one of the necessary processes for banks to approve loans. The credit report will show the borrower's credit card, loan repayment history and status. For example, if someone's credit report shows that their credit card is frozen, they are worried that it will affect their loan. Let's take a look below.

Can I still get a loan if my credit card is frozen?

As we all know, there are two main reasons for credit card freezing. One is freezing due to serious overdue use, and the other is freezing due to illegal use of the card.

1. If it is overdue and frozen

In addition to recording the credit card status as "frozen", the credit report will also display overdue records and mark the overdue degree several times. If there are 6 "1"s or 1 "3" marked, the former means that the account has been overdue for 6 times in total, and the latter means that it has been overdue for 3 consecutive months, which is equivalent to a black account.

If you are seriously overdue like this, you will not be able to get a loan even if you pay off the debt. Every application will be rejected directly. You have to wait at least 2 years before you can get a loan. It is best to Once the overdue record is eliminated after 5 years and there are no more overdue loans during the period, there will not be a big impact.

2. If the card is frozen for illegal use

The credit report will only show the status of the credit card as "frozen", and there will be no overdue records, so the impact on the loan will be relatively small. When the bank checks the credit report and sees that the borrower has no bad records on his credit report, has small credit liabilities, and has a decent repayment ability, the bank will most likely approve the loan.

However, if the average usage limit of the borrower’s credit card in the past 6 months is relatively high, exceeding the income, but the borrower can repay the loan on time every month, the bank will suspect that the applicant is suspected of cashing out, or is bankrupt. Credit card repayments are very risky, and the loan may be rejected.

The above is the relevant introduction to "Can I still get a loan if my credit report shows that my credit card is frozen?" I hope it will be helpful to everyone.

Can I still get a loan if my credit card is frozen?

Can I still get a loan if my credit card is frozen?

First find out the reason why the credit card is frozen:

Generally, banks freeze cardholders' credit cards due to the following reasons: serious credit card overdue situations, credit card cash out, credit card fraud, etc.;

Severe credit card overdue situations lead to credit card freezes , the cardholder was frozen by the card-issuing bank because he failed to repay on time, was overdue for a long time or had a large overdraft amount;

Cashing out a credit card results in the credit card being frozen, and cashing out a credit card is illegal. After the credit card is issued, the bank will supervise and record the credit card transactions. Obvious credit card arbitrage behavior can be easily identified by the card-issuing bank. Once the card-issuing bank discovers that there is credit card arbitrage, the bank will freeze the credit card. In serious cases, the cardholder will be held criminally responsible;

Credit card fraud leads to the freezing of the credit card. After a credit card is stolen, in order to prevent further losses from the fraud, generally cardholders will ask the card-issuing bank to freeze the credit card. , in some cases the issuing bank will take the initiative to freeze the credit card for the cardholder.

Credit card unfreezing:

If the credit card is frozen due to overdue credit card, the overdue amount should be paid off as soon as possible. After paying off the credit card balance, the cardholder can call the credit card customer service center of the card-issuing bank. Explain the situation. Under normal circumstances, the bank will unfreeze the card. After that, the cardholder must repay every installment on time and avoid overdue payments, because overdue credit cards will be included in the personal credit system, and too many overdue times will affect future loan applications;

Credit card freezes caused by cashing out of credit cards should be considered on a case-by-case basis. If it is not a subjective cash-out but a cash-out that the bank mistakenly believes, the cardholder can call the credit card customer service center of the card-issuing bank to explain the situation and apply for the credit card to be unfrozen;

If the credit card is frozen due to credit card fraud, it is generally handled in the fraud matter. After completion, the card-issuing bank will unfreeze it.

My credit card was frozen two years ago. Can I still get a loan?

If they are all frozen, it is very serious

It is a bad debt in the bank

You cannot apply for a mortgage with bad debt records

Can my credit card be unfrozen if it is frozen?

It is basically impossible to unfreeze, otherwise it would be child's play for the bank to freeze the credit card. A few banks may freeze the credit card within one month of overdue, and it can be unfrozen upon application. In other cases, it will basically not be unfrozen

Can I still get a loan if my credit card is frozen?

No, because it has been blacklisted, which will probably drag down all your credit standing, and you will have problems getting loans from banks in the future.

This is a matter of personal credibility.

Can I still get a credit card loan if my credit card is frozen?

If my CCB credit card is frozen:

If it is overdue for more than 60 days, it will be recorded in the personal credit report;

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If the loan is overdue for more than 90 days, a bad personal credit report will be recorded;

This will have a certain impact on future loans.

A frozen credit card can be unfrozen under certain conditions. Please call the Credit Card Customer Service Center to handle it.

If a credit card is frozen due to an overdue credit card, the overdue amount should be repaid as soon as possible. After paying off the credit card balance, the cardholder can call the bank's credit card customer service center to explain the situation. Under normal circumstances, the bank will Unfreeze it. After this, the cardholder must repay every installment on time and avoid overdue payments, because overdue credit cards will be included in the personal credit system. Too many overdue times will affect future loan applications.

If the credit card is frozen due to credit card cash-out, it depends on the circumstances. If the cash-out is not a subjective cash-out, but a cash-out that the bank mistakenly believes, the cardholder can call the bank's credit card customer service center to explain the situation and apply for unfreezing of the credit card. .

If a credit card is frozen due to credit card fraud, the bank will generally unfreeze it after the fraud is resolved.

Can I still pay with WeChat if my credit card is frozen?

Yes

If my credit card has been frozen for 2 years, I can still unfreeze it

If so For China Merchants Bank credit card, you need to determine the reason for freezing. If it is frozen after reporting a loss, it cannot be unfrozen at present. If it is frozen due to arrears or counterfeiting, since Baidu is a third-party public network platform, we cannot directly verify your actual personal information. Please call China Merchants Bank customer service hotline 5---enter the account opening certificate number#- --- Query the password and enter the manual to help you further determine whether the freeze can be lifted.

My credit card has been frozen, can I still make the minimum monthly repayment?

If it is a China Merchants Bank credit card, it depends on the reason for the freeze. If the freeze is overdue, you probably won’t be able to repay the minimum. It is recommended to call customer service to verify.

Can I apply for a loan if my credit card is frozen?

If my credit card is frozen, the loan can only be successful after the credit card is unfrozen. However, some circumstances will have a certain impact on the loan, such as overdue, Cash out.

Reasons for credit card freezing:

1. If the cardholder fails to repay on time for more than three consecutive months, the bank has the right to freeze the credit card. Although the credit card is overdue and has been frozen, late payment fees and interest still exist. So it’s best to pay off the debt as soon as possible. Because of the overdue freeze, the cardholder's credit report has been affected.

2. If the bank believes that the transaction of a credit card is abnormal, the bank will freeze the credit card out of consideration for the safety of the cardholder, which will cause the credit card to be frozen.

Conditions required for a bank loan:

1. Citizens aged 18-65 with Chinese nationality (excluding residents of Hong Kong, Macao and Taiwan)

2. In Local work and life

3. Officially registered employees of the current unit and working for more than 6 months

4. White households must have a check-in salary of more than 3,000 yuan (social security and provident fund must be available) Same)

5. Monthly check-in salary

6. Good credit report (no three or six debts in a row within 2 years)

Materials required to get a bank loan ：

1. First of all, you must have a valid personal identity document, provide a household registration book and have full civil capacity;

2. Have a stable career and good income. If you pass If you receive your salary by bank transfer, you must also submit a recent salary card statement;

3. Unmarried persons must submit a certificate of unmarried status, and married persons must submit relevant materials of their spouse and family members;

4. Have a fixed account with the bank applying for the loan;

5. Other requirements of the lending institution.

The process of going to the bank for a loan:

1. Submit an application to the local bank or lending institution;

2. Prepare various materials required for the loan;

3. Interview with a bank or lending institution;

4. The bank will review the lender’s qualifications;

5. The review will be approved and the loan will be granted successfully.

Can the Bank of Communications credit card be unfrozen after repayment?

Yes, as long as you find the reason why the credit card is frozen and solve the problem in detail, you can apply to the bank to unfreeze the credit card. Regarding credit cards The unfreezing bank has clear relevant regulations, as follows.

The main reasons and solutions for credit card freezing:

1. The password, validity period, CVV code and other card information are entered incorrectly. Go to any branch with your valid ID to handle it. You can go first Consult the customer service staff of the corresponding bank;

2. For temporary card control, consult the customer service staff of the corresponding bank;

3. If the credit card debt is overdue or the card is used irregularly, analyze the specific situation in detail. If the account After all the debts are paid off, you can call the customer service hotline to try to lift the freeze. This will be determined by the degree of credit card overdue and the degree of abnormal transactions. A specialized approval department will make a comprehensive assessment based on the individual's situation.

In summary, as long as the frozen problem is solved, you can apply to the bank to unfreeze your credit card.