For many property buyers, due to insufficient down payment, they often choose to use credit cards. In addition, credit cards are very popular now, and the concept of early consumption is becoming more and more common. Can a credit card be used to pay for the house? Take a look with me, I believe it will bring you a different view.
Can I pay for the room by credit card?
Credit cards can be used to pay for the house, which is not illegal. At the same time, it is also very convenient to pay the house price in this way, eliminating the trouble of applying for loans from banks or borrowing from others and institutions. Generally speaking, the money in a credit card is a credit fund given to you by the bank. As the saying goes, "something for nothing", as long as you use a credit card during the interest-free period, you can enjoy the discount of zero interest if you overdraw your card, which provides a certain buffer period for cardholders.
What are the precautions for paying down payment by credit card?
1. Credit card withdrawal will be affected.
When paying, it is best to prepare a large credit card of 1-2 for payment, and try not to use more than one card. Because for multi-card non-integral transactions with such a large amount, banks may suspect that customers are suspected of cashing out, which will strengthen risk control. If there are overdue or other problems, it will not be so easy to apply for withdrawal in the future. If you meet a real bank, it may be reduced.
2. It will be miserable to catch up with the due repayment date.
If the house payment is made in this way, if the house purchase is cancelled for some reason, it will take a long time for the developer to refund, usually 30-45 days. If this period of time happens to catch up with the due repayment date, buyers can only prepay themselves, and the pressure will definitely be great.
3. The repayment pressure is high in the short term, which is easy to cause overdue.
It is impossible to pay the house payment by credit card in installments, so the repayment pressure will be great in a short time. Once the payment cannot be made in time, it will easily lead to overdue, and high interest and late payment fees will be paid. The most important thing is that it will affect the personal credit information of the purchaser. Therefore, you must have a clear understanding of your financial situation before paying, and remember to swipe your card blindly.
Summary: Well, that's enough about whether a credit card can pay for a house. I hope I can give you some help. I believe that in the process of knowing whether the credit card can pay for the house, friends will be more handy and get their own satisfactory answers.
Can I buy a house by credit card? Is it really reliable to have no money to buy a house and swipe a credit card?
Can I buy a house by swiping a credit card in China?
Generally speaking, if you buy a new house, you can pay by credit card. The requirement for payment of credit line is generally credit card line. In the form of payment, you can generally pay immediately by credit card or cash withdrawal. In fact, this method is equivalent to borrowing money. After paying by credit card, it is natural to pay back to the bank.
It is not easy to buy a house with a credit card. The bank will examine the qualifications of buyers through credit cards. If it is found that there is a loan in the buyer's credit card, the buyer must provide the relevant repayment credentials to the bank.
credit card
Can I use a credit card to buy a second-hand house? That depends on the specific situation. Generally speaking, credit cards are not compatible with transfer and remittance.
In the process of buying a house with a credit card, we should pay attention to the following questions:
1. If the credit card itself is insufficient, you can call the bank's customer service hotline to apply for a temporary credit line. However, it must be noted that the deposit must be fully repaid by the cardholder on the next balance sheet date.
2. After applying for the down payment by credit card, you should repay according to your own situation. It is good to repay on time, but it is unrealistic to repay hundreds of thousands or even millions in a short time. If you can't repay on time, buyers can choose credit card installment or apply for low repayment. These repayment methods can avoid tax late fees and endanger the personal credit of buyers. Generally speaking, credit card installment is more cost-effective than low repayment amount.
3. You can choose your own installment according to the repayment level. If the buyer can't repay the loan, he can apply for installment payment according to his own situation, which can be divided into 3, 6, 9, 12, 24 and so on. The longer the installment period, the greater the service fee. Installment payment can be applied to the bank, or by mobile phone or online.
Installment payment is interest-free, but it is not completely free. Installment payment can disperse the repayment pressure and avoid the bad credit record of personal credit investigation. Installment payment has no loan interest, but there will be a certain service fee, even if it is repaid in advance, the service fee cannot be exempted.
5. Buying a house by swiping a credit card does not involve redemption of points. Similarly, items such as house purchase, car purchase, medical treatment and payment on behalf of others cannot be converted into points, because in these aspects, the fees deducted by financial institutions are relatively low.
6. Brush a credit card to buy a house and apply for several credit cards to avoid the suspicion of credit card TX.
The above is the relevant content of buying a house by credit card, and buyers who want to pay by credit card must attach great importance to it.
Can I pay the down payment by credit card when buying a house?
You can't pay down by credit card when buying a house.
Paying down payment by credit card is very risky, because this kind of large consumption will be recorded in personal credit information, forming a high debt ratio. You will encounter great difficulties when applying for a house loan. If it can't be explained clearly, it will easily cause the bank staff to worry about the repayment risk of the applicant and then refuse the loan.
Down payment is the lowest proportion of down payment according to the national proportion when buying a house. Of course, the payment can be higher than this amount, but not lower than it, and the rest can be borrowed from the bank.
Since June 1 day, 2006, the down payment ratio of individual housing mortgage loan shall not be less than 30%. Considering the housing needs of low-and middle-income people, the down payment ratio of 20% will still be implemented for those who buy self-occupied houses below 90 square meters.
The requirement of 20 13 is that the down payment for the first suite is 30% of the total house price, and the down payment for the second suite is 60% of the total house price. Because considering the repayment risk of the loan, the relevant departments will require the purchaser to provide a part of the down payment, that is, the individual pays a part of the house payment in advance, which proves that you have the repayment ability.
2065438+On March 25th, 2006, Shanghai issued "Several Opinions on Further Improving Shanghai's Housing Market System and Security System to Promote the Stable and Healthy Development of the Real Estate Market", which made it clear that the down payment ratio should not be less than 50% for households with/kloc-0 apartments who apply for commercial personal housing loans to buy ordinary self-occupied houses again to improve their living conditions; For the purchase of non-ordinary self-occupied housing, the down payment ratio shall not be less than 70%.
The down payment amount was determined according to the national policy at that time. For example: 30,000 yuan/flat house, 100 flat house is 3 million. Then, 20% down payment is 600,000, 30% down payment is 900,000, and 40% down payment is 654.38+0.2 million.
In the Notice of the General Office of the State Council on Forwarding the Opinions of the Ministry of Construction and Other Departments on Adjusting the Housing Supply Structure and Stabilizing Housing Prices, since June 1 2006, the down payment ratio of individual housing mortgage loans shall not be less than 30%. Considering the housing needs of low-and middle-income people, the down payment ratio of 20% will still be implemented for those who buy self-occupied houses below 90 square meters.
Can I buy a house by credit card?
Credit cards can be used to pay house prices, which is not illegal; It can be said that it is very convenient to pay the house price by credit card, which eliminates the trouble of applying for loans from banks or borrowing from others and institutions.
The money in the credit card is the credit fund given to you by the bank. The so-called "no need to use it for nothing", as long as you use the credit card during the interest-free period, you can enjoy the discount of zero interest on credit card overdraft, which provides a certain buffer period for cardholders.
Except for a few banks that set credit card quotas for real estate consumption, most banks' credit cards can be used to pay down payment, but there are still some problems that need attention. Pay the down payment for buying a house with a credit card, because the down payment for buying a house is generally relatively large, and it takes multiple credit cards to accumulate credit cards to meet the payment demand.
Then, if you want to pay the down payment on a house with a credit card, you need to have multiple credit cards in your hand.
What are the precautions for buying a house with a credit card?
1. Credit card withdrawal will be affected.
If property buyers are prepared to pay the down payment by credit card, the withdrawal of cash by credit card may be affected, and the down payment for buying a house is also a lot of money. However, buyers should not use multiple cards at the same time when paying the down payment, because for such a large multi-card transaction without points, banks may suspect that customers are suspected of cashing out, which will strengthen risk control. If there are overdue or other problems, it will not be so easy to apply for withdrawal in the future, and the amount may be reduced when you meet a real bank.
2. Be careful when using temporary credit card limit.
Many credit cards can adjust the temporary limit. Property buyers should never blindly use the temporary limit when buying a house by credit card, because the temporary limit of credit card cannot be recycled or used in stages. If it cannot be repaid in full, it needs to be paid off in one lump sum. It is recommended not to apply for temporary withdrawal.
3. The repayment pressure is high in the short term, which is easy to cause overdue.
For buyers who buy a house by credit card, whether it is a credit card or a mortgage, they need to repay on time. If the credit card bill is divided into stages after swiping the card, the repayment pressure will increase in the short term. If you can't repay in time, it will easily lead to overdue, and you will have to pay high interest and late fees. The most important thing is that it will affect the buyer's personal credit information. Therefore, you must have a clear understanding according to your own economic situation before paying, and remember to swipe your card blindly.
4. Second-hand houses may not be able to pay down payment with credit cards.
If the buyer is planning to buy a second-hand house, he can't pay the down payment by swiping a credit card when paying. Buying a second-hand house is generally a bank transfer to pay the down payment, so people can't use credit cards, and in some areas with strict requirements, it is clearly stipulated that developers are not allowed to pay the down payment by credit card. Therefore, paying down payment by credit card is also restricted by local policies and is not universal.
5. There are no points for buying a house with a credit card.
For property buyers, there is no credit card to buy a house, and credit card points cannot be accumulated in this kind of consumption transaction. In addition, buying a house by swiping a credit card also has a certain impact on the subsequent credit increase. Large abnormal transactions are easily considered as risky transactions by banks when they pay by credit card on the capping machine, and it is not easy to apply for credit card withdrawal in the future.
Can I pay the down payment by credit card?
It is ok to pay the down payment by credit card. There is a handling fee for credit card consumption, but this handling fee is usually borne by the merchant, but not in the purchase transaction. Developers take advantage of buyers' lack of funds to buy a house, and then ask buyers to bear the handling fee, which buyers who are eager to buy a house often accept.
The down payment of a house is different from ordinary consumer goods, and the amount is usually large. Some people's credit cards are not high enough, so it is difficult to pay a large down payment on one card. So use multiple credit cards to make up for the lack of credit limit. Many credit cards spend a large amount at the same time in the same merchant, which is easily recognized by banks as cash-out behavior.
Cashing out is an illegal act in itself, from being banned by banks to being included in bad credit records. Some homebuyers pay the down payment by increasing the temporary quota and using multiple credit cards, hoping to reduce the repayment pressure by installment payment. However, the real estate transaction cannot be staged, and the consumption can only be paid in one lump sum.
For example, it is explicitly mentioned in official website that "cash advance transactions, installment transactions, real estate transactions, RMB funds that have applied for foreign exchange purchase and other transactions designated by banks cannot apply for bill installment". If you can't repay in time on the repayment date, your personal credit information will be tarnished, and it will not be worth the loss.
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Risk of down payment by credit card
1, the refund process is complicated and the risk is difficult to control.
It is good that everything goes well in the process of buying a house, but not all problems can be completely controlled by yourself. Once uncontrollable factors break the contract relationship, it will involve the issue of refund.
Even if the developer agrees to refund, there will usually be a complicated process, and the specific refund time is difficult to control. The time required for the whole refund process is likely to have exceeded the interest-free period of the credit card. At this time, buyers need to repay themselves first. If there is a problem in the capital chain at this time, there will be a situation in which the payment for goods cannot be paid.
2. The potential repayment risk of high leverage.
I used a credit card to solve my temporary financial shortage and successfully paid the down payment on the house. Although the down payment problem has been solved temporarily, I still have to face the problem of high repayment, not only down payment, but also bank commercial loans.
If the buyers have insufficient funds, there may be overdue in the middle. High leverage makes buyers bear greater repayment pressure. If they or their families need money in case of emergency during the period, it will be even worse.