;? Nowadays, when everyone encounters capital turnover, they mainly think about handling credit business. So someone asked, what are the differences between credit cards and online loans? So let’s briefly talk about this issue. I hope it can be helpful to everyone. 1. What are the differences between credit cards and online loans? 1. Review threshold: As far as application is concerned, online loans are still very simple. Generally, you only need to fill in the relevant application information online, and then undergo identity authentication and bank card authentication. The speed is also very fast. After all, a credit card is a bank product. Not only do you need to fill in detailed information, but the other party will also conduct phone review and other steps. In addition, the approval results, card production, etc. will take about 15 days, which is still a test of patience. 2. Interest: The interest rate of online loans is generally high. Although there is a red line, the annual interest rate of most online loans is 24% and above. This is different with credit cards. Normal repayment on time and in amount does not have interest. Only the minimum repayment or installment repayment will charge interest or installment fees. 3. Consequences: Online loans may not necessarily be subject to credit reporting. Generally speaking, only online loans from banks, formally licensed consumer finance companies, and online loans with lending funds connected to the credit reporting system will be subject to credit reporting. Generally speaking, online loans will only affect the credit reporting. Big data of users; but credit cards are different. The credit limit of the card, usage status, whether it is overdue, etc. will all be reflected in the credit report, and the consequences will be more serious. The above is the answer to "What are the differences between credit cards and online loans?" Generally speaking, the difference between the two is mainly reflected in the application threshold, loan interest and consequences. Therefore, everyone must consider it carefully when choosing credit business. .