It is useful to provide proof of credit card settlement for loans. The following are the functions.

1. Credit card settlement voucher is generally used when handling loan business. The bank will mainly examine the applicant's financial ability and debt situation. If you find that there is a credit card in the cardholder's name, you can ask the cardholder to show the credit card settlement voucher to prove that you are not responsible. This way it will be much easier to get a loan.

2. The purpose of credit card settlement voucher: First, it is unsettled, and the credit report shows unsettled. This is something that no funds can settle in the short term, but the current situation requires loan collateral. Banks and other institutions need to reduce their liabilities before allowing loans. Even if you settle the bill immediately, the credit report will not be updated that quickly, so when you issue this voucher, it is considered that you have already settled the bill. The second is that it has been settled, but the credit report shows that it has not been settled. It takes up to 1 to 2 months for the credit report to show the settlement status, so this voucher is also needed to show that the settlement has been made.

In fact, you don’t have to wait for a credit check to update your billing status. When you have money, you can issue a settlement certificate to the bank. It doesn’t matter if you don’t have money. Credit check updates take 1-2 months. The main purpose of the bank looking at the settlement voucher is to prove that the money has been settled and will not pursue anything else.

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Loan is a banking financial term. In simple and popular understanding, it means borrowing money that requires interest. It is a credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must repay them. Loans in a broad sense refer to borrowing funds such as loans, interest discounts, and overdrafts. Through lending and monetary funds, banks can meet society's demand for supplementary funds, expand reproduction, and promote rapid economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation. Banks invest concentrated currency and monetary funds through loans to meet the supplementary capital needs of society to expand reproduction and promote economic development; at the same time, they can also obtain loan interest income and increase the bank's own accumulation. In China, the principle of paid use of loans is also used to promote enterprises to improve their operations and management; in addition, bank credit is regarded as an important way of allocating funds and an important economic lever to regulate and manage the economy. The security of loans is the primary issue faced by commercial banks.