1. Is Bank of Communications Haoxiangdai reliable? What are its characteristics compared with other installment loan products?
There are many channels for applying for loans. We recommend Agricultural Bank of China’s Wangjie Loan. Agricultural Bank of China has To carry out the online loan business, those aged 18 and above can apply through personal online banking and mobile banking (currently only second-generation K-Bao customers are supported), which will be automatically approved and credited quickly.
If you hold an Agricultural Bank of China savings card, you can log in to mobile banking and click "All → NetJie Loan → Apply Now". You can also log in to personal online banking and click "Loan → NetJie Loan → Apply Now" to apply. page.
The maximum loan amount is 300,000 yuan, and the minimum is 3,000 yuan; the customer's specific limit will be determined based on the customer's business situation in Agricultural Bank of China. The loan term of Wangjidai does not exceed one year and can be repaid in advance.
Borrowers can handle early repayment through the following self-service channels.
Personal Palm Banking to repay Wangjie Loan: Log in to Personal Mobile Banking, click "More - Wangjie Loan - My Wangjie Loan", and click "Repayment".
Personal online banking to repay the Wangjie Loan: Log in to the fashion version of online banking, click "Loan - Wangjie Loan - My Wangjie Loan", and click "Repayment".
2. What is the difference between Bank of Communications Haoxiangdai and China Construction Bank Installment Pass?
Haoxiangdai is a borrowing platform within the Bank of Communications, while Fenqitong is a borrowing platform from China Construction Bank. The two have different limits and interest rates.
3. Does China Merchants Bank’s credit card have Haoxiangdai business?
China Merchants Bank is not sure, but now ICBC, Bank of Communications and China Construction Bank have credit cards similar to Haoxiangdai, such as CCB’s Anju Credit Card. It can be used to decorate a house, and there are also credit cards for car purchase installments from China Construction Bank and ICBC, but they are all in the form of installments that require consumption at designated merchants
4. Is there a difference between the Haoxiang loan limit and the credit card limit
The Haoxiangdai credit limit is a non-recyclable independent limit added to the original limit under a designated card. This limit does not participate in and does not affect the original limit of all credit cards under the cardholder's name, up to a maximum of 150,000. This quota is valid within 90 days from the date of successful application. The Haoxiangdai credit limit is not a credit card limit, but a temporary limit specifically used for installment payments (usually automatically canceled after 90 days). To use the Haoxiangdai credit limit, you must pay in installments (that is, you need to pay a handling fee to Bank of Communications). Haoxiangdai is a new credit card installment business launched by Bank of Communications. It provides bulk consumer credit support with a high exclusive limit (up to 150,000) and convenient service procedures.
Features of Haoxiangdai:
1. The application is fast and convenient, without the need to prepare complicated information;
2. It has a wide range of applications, covering all aspects of life;
3. The repayment period is 24 months;
4. The monthly handling fee is 0.72.