As we all know, credit cards can make people overdraw their consumption by using credit lines. Many people use credit cards to pay for transactions when shopping, shopping, eating, drinking and having fun. So, can the credit card limit be used for other purposes besides eating, drinking and having fun? For example, can I buy a house with a credit card? How to buy a house with a credit card?
Can I buy a house by credit card?
You can buy a house with a credit card, and the bank has little restrictions on it. As long as there is enough money in the credit card, you can use it to buy a house.
How to buy a house with a credit card?
First, the way to buy a house by credit card
Basically, buying a house with a credit card means using a credit card to complete the transaction when paying the down payment, and using the credit line of the credit card to pay the down payment of the house.
Second, the precautions for buying a house by credit card
1. Apply for increasing the temporary credit card limit:
When buying a house by credit card, the original credit card limit is often not enough. You can apply to the bank to increase the temporary credit card limit before buying a house, so as to avoid the phenomenon that the credit card limit is insufficient when paying by credit card.
However, it should be noted that the temporary quota is valid. Once the validity period has passed, you need to settle the amount you use in one lump sum in the repayment of the current bill. Temporary quotas cannot be phased.
2. Pay by large credit card:
As we all know, the down payment of a house is usually hundreds of thousands, so unless you have a large credit card, it is very troublesome to pay. I suggest that when you buy a house with a credit card, you can pay with a large credit card of 1 2, and try not to use too many credit cards.
For example, if your credit card limit is only tens of thousands of yuan, then you may need to use 7 or 8 credit cards for transactions. It's easy for banks to suspect you of cashing out. If you use a large credit card, then 1 and 2 cards are enough to avoid being suspected of cashing out by the bank.
The above is about "can I buy a house with a credit card?" How to buy a house with a credit card? "The answer. You can buy a house by credit card, but when you buy a house, people often pay the down payment by credit card, so the credit card limit may not be enough, so it is more troublesome to buy a house by credit card. Buying a house is not as good as going to the bank to apply for a mortgage.
Can I buy a house by credit card?
Generally speaking, credit cards cannot be used to buy a house.
According to Beijing Youth Daily, since August 2065438+2009, under the regulatory requirements, many bank credit card centers have issued announcements to strengthen the transaction control of real estate merchants. Generally speaking, developers or intermediaries stop overdrawing their credit cards when buying a house, and most of the property fees and time-sharing rooms (rented houses) are limited transactions, and a single transaction does not exceed1.5,000 or 30,000 yuan. In fact, the regulatory authorities have always prohibited consumer loans, personal business loans, credit card overdrafts and other funds from being used for buying houses and stocks.
Strict control of credit card purchase has released the most direct signal to us, that is, the policy of "housing and not speculating" is still very clear, and it is difficult to make substantial changes in a short time. At the same time, the regulation of the domestic real estate market may have a long time continuity, which may further prolong the stable fluctuation performance of the domestic real estate market, but the differentiation of the real estate market may still be further intensified.
It should be noted that for the measures to strictly control the purchase of houses by credit cards, stabilizing house prices is on the one hand, and it may also be due to factors such as the need to improve the risk control ability of credit cards in recent years. It can be seen that by strictly controlling the purchase of houses by credit cards, it is still conducive to standardizing the behavior of willful consumption and arbitrage speculation of credit cards, and it is also conducive to enhancing the risk control ability of credit cards in the future and reducing the probability of systemic risks. From the perspective of investors who buy houses by credit cards, the behavior of strictly controlling the purchase of houses by credit cards will still be more or less affected. However, for intermediaries, there may still be some ways to buy a house in disguise, but it is still difficult to completely crack down on the phenomenon of buying a house by credit card, and the phenomenon of market speculation and arbitrage may still exist locally.
But there are still some risks in buying a house by credit card. For example, whether investors can repay in time, whether investors' personal credit is affected, and so on. While the demand for credit is increasing, people's attention to credit is also rising. Perhaps, in the long run, by standardizing the usage habits of credit cards and reasonably guiding their consumption behavior, it is still conducive to enhancing the risk control ability of credit cards, avoiding unnecessary systematic risks, and further strengthening the policy of "staying in the house and not speculating".
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 "something for nothing", as long as you use a credit card during the interest-free period, you can enjoy the discount of zero interest on 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.
So much for the introduction of buying a house by credit card.