1. Does the temporary limit of credit card limit have any impact on the application for decoration loan?
No, credit card limit increase and loan are two different loan methods. Credit card limit increase is more important. The amount of increase given to you based on your own situation has nothing to do with the loan
2. Does the credit card (debit card) affect the decoration loan?
Whether a credit card (debit card) affects renovation loans depends on whether the cardholder has an overdue record. If the cardholder uses the credit card (credit card) reasonably, makes no illegal operations, and repays the loan on time, it will have no impact on the renovation loan. If the cardholder has an overdue record when using a credit card (debit card), the overdue amount is large, and the overdue time is long, the bank is likely to refuse the cardholder's renovation loan approval. In addition, if the cardholder has repeatedly overdrafted his credit card (debit card), it will also affect the approval results of the renovation loan.
3. Will credit card debt affect decoration loan application?
Credit card debt affects the application for decoration loan from CCB. When applying for decoration loan, the applicant needs to authorize CCB to check personal credit. If the credit card debt ratio in the personal credit report is high, and the monthly repayment amount has exceeded 50% of the income, this is very due to risk control considerations. CCB will consider that the applicant has insufficient repayment ability and the probability of overdue is relatively high. .
Home improvement loans are also unsecured credit loans launched by consumer finance companies for the purpose of home decoration. In principle, the single loan amount of personal housing decoration loans issued by banks shall not exceed 150,000 yuan, and shall not exceed 5% of the total decoration project cost.
There are two types of loans and one credit card installment form for home improvement loans that you can apply for. , specifically such as money for renovation; personal consumption loan and renovation loan. Consumer loans here refer to certified mortgage loans, consumer loans applied for; credit card home improvement installments; consumer finance company loans. In addition to the traditional route of bank loans, loans from consumer finance companies are also one of the options.
Credit loan unsecured and unsecured loan products have very high requirements for consumers. Only those with assets or specific industries, VIP customers, and senior managers of the company can apply, and the applicant's work must be strictly examined. Income status and other details. Personal credit loan products from banks such as Bank of Ningbo, Bohai Bank, Standard Chartered Bank, and Citibank are more popular among consumers. The credit loan limit of these banks is generally 5-8 times the monthly income, and of course the interest rate is also high
Personal consumer loans - decoration loans The consumer loans here refer to certified mortgage loans, that is, consumer loan business that uses real estate as collateral to apply for, so consumers have different choices
However, various banks have The mortgaged properties have different requirements in terms of housing price, age, and area. Consumers must do enough homework before applying. If you own one or more properties, you can try to apply. Not only will you get a larger loan amount, but the term will also be longer. However, the specific loan amount depends on the bank's review of the consumer's personal qualifications and property status (geographical area, age of the property).
In order to better meet the needs of consumers for home improvement installments, some banks have launched credit card home improvement installment services, targeting people who are buying new houses, have no money for renovations, and have good credit records.
In addition to the traditional channel of bank loans, loans from consumer finance companies
4. Do credit cards have an impact on decoration loans?
Credit cards have no impact on renovation loans.