1. What loan methods does China Merchants Bank have?
Commonly used repayment methods for China Merchants Bank loans include: equal principal, equal (principal and interest) repayment, etc. The loan period is less than 1 year. (Inclusive), you can also adopt the monthly interest payment method to repay the principal when it is due.
Warm reminder
The specific loan method you apply for must be determined by the handling agency based on your actual needs, repayment ability, credit record and other comprehensive circumstances. You can directly contact the handling bank for confirmation!
2. What are the credit card loan products of China Merchants Bank? Learn about the seven major products! The more famous products of China Merchants Bank Credit Card include e-loans, car installments and other products, as well as regular installment shopping, cash advance loans, etc. We have sorted out what card loan products China Merchants Bank has for credit card loans. If cardholders have loan needs, they may wish to see if any of the following loan products are suitable.
Loan Product 1: e-Zhao Loan
e-Zhao Loan is a cash credit business provided by China Merchants Bank Credit Card Center to qualified cardholders. It can be repaid in installments. The product allows you to obtain cash without transferring funds
Loan Product 2: Installment Shopping
For large purchases such as wedding dresses, education, etc., you can use credit cards to pay in installments. At the same time, online shopping installment cooperation merchants also include Suning, Gome and other large companies.
Loan product three: Platinum Installment Card
Platinum Installment Card automatically pays for installments when the total credit limit exceeds 300 yuan or 2,000 yuan. , and enjoy exclusive preferential rates for Platinum Installment Cards.
Loan product four: Cash advance
With the advance function, cardholders can obtain funds through cash withdrawal or overdraft transfer. For cash advance procedures, the minimum fee is RMB 10 per transaction.
Loan Product 5: Revolving Credit
You can absolutely repay the amount on your credit card bill every month. For example, if the amount you repay is equal to or higher than the minimum remaining deferred payment amount, it is the revolving credit balance.
Loan Product Six: Bill Installment
The China Merchants Bank Credit Card Center provides financial management functions for installment repayment of transactions provided by eligible cardholders, including installment transactions. When applying for RMB bill installments, the minimum amount applied for each time is no less than 300 yuan.
Loan Product Seven: Car Installment
Car installment is a credit card car loan business of China Merchants Bank, and you can apply for car installment business. The car payment process is 30% (partial %) of the net car price, and additional handling fees are required for car installments.
The above seven products are CMB credit products. Some products have requirements for the type of credit card. Therefore, if you want to handle the corresponding business, it is best to consult clearly first. At the same time, applying for a CMB credit card will affect your personal credit report. Record.
Hot reading introduction:
What is the general credit limit of China Merchants Bank’s credit card? The maximum limit can buy a car
What is the interest rate of installment loan of China Merchants Bank’s credit card? The minimum handling fee is 0.75%
3. What are China Merchants Bank’s credit card loans?
China Merchants Bank’s credit card loans include e-loan, installment shopping, platinum installment card, cash advance, and bill installment Etc., each type of loan has its distinctive characteristics.
When purchasing large purchases such as home appliances, digital products, department stores, fitness, wedding dresses, education, etc., you can use China Merchants Credit Card to pay in installments, which reduces the consumption pressure of cardholders. Cash advance means that China Merchants Credit Card can withdraw cash through cash withdrawal or overdraft transfer, which can solve the problem of insufficient fund turnover for cardholders and relieve cardholders' financial pressure.
Among them, e-Zhao Loan is the most popular loan among customers. e-Zhao Loan is a cash credit business provided by China Merchants Bank Credit Card Center to qualified cardholders, and does not require mortgage or guarantee. After the application is successful, the approved funds will be transferred to the debit card in the cardholder's name.
eZhaodai has independent bills, and the bill date is consistent with the personal card bill date. The interest generated in each billing cycle will be included in the recurring interest of the current bill, and the repayment needs to be made separately to the e-Zhao Loan account.
I would like to remind everyone that no matter which type of credit card loan the borrower uses from China Merchants Bank, the borrower must repay the loan on time.
Otherwise, if the cardholder is overdue, China Merchants Bank will report it to the central bank for credit reporting, causing credit stains and adverse effects on the borrower.