Line refers to the amount that the lender can borrow from the borrower without providing financial guarantee. It usually means that a natural person borrows money from a bank, and the bank is willing to provide the highest amount of loans according to the credit status of the individual.
Is there a grace period for the installment of bills in CITIC Bank?
There is no grace period for the installment of bills of CITIC Bank. The bill installment business of CITIC Bank is to installment the bills generated by credit card consumption. Unlike credit card repayment, it repays credit card bills in installments, so there is no grace period. After installment payment, CITIC Bank must repay the loan on time, otherwise it will be regarded as overdue, which will adversely affect personal credit information.