The difference between credit cards and loans is:

1. Different loan requirements: The loan requirements are high and difficult to pass, and the salary requirements are relatively high. You need to provide bank statements, have a stable job, and The credit report must be good. Credit cards generally have low requirements, and the salary requirements are also relatively low. They only require a good credit report and an employer.

2. Different loan amounts and scopes: There are many types of loans, and they are more widely used than credit cards. They can be used to buy cars, houses, etc.; and the loan amounts are all larger than 10,000. A credit card is an overdraft consumption card. The cardholder can use the credit limit to make purchases, most of which are small amounts.

3. The loan time and repayment method are different: the loan disbursement time is shorter, usually 2-5 days after application. Moreover, there are relatively few repayment methods for bank loans, and they support installment repayment and early repayment. Credit card issuance takes a long time, usually 15-20 days. In addition, for credit card repayments, you can generally apply for early repayment, on-time repayment, installment repayment, minimum repayment, etc.

Extended information:

Loan conditions and methods from banks:

1. Pure credit loan

The most popular loan method now, It mainly relies on personal credit to borrow money from banks. The loan limit of this method is generally not high. If it is supplemented by other assets, the limit may be increased a little.

Like applying for a credit loan, these factors can give you extra points: workplace (civil servants, teachers, doctors, executives of large companies, etc.), strong assets in the bank, and many business contacts with banks. There is an opportunity to apply for a credit loan with a relatively high limit.

2. Guaranteed Loan

If your personal qualifications are not up to standard, you can try to find a third-party guarantor to provide you with guarantee services. This loan method has a relatively high loan amount, but it does not require the guarantor. The requirements are very high, such as meeting bank flow, credit, and asset requirements, which are generally difficult to meet. Even if the conditions are met, the limit will not be too high.

3. Mortgage loan

If you have real estate, shops, fixed assets, etc. in your name and meet the bank's conditions, you can apply for a mortgage loan. This is the best way to obtain a large loan. Most banks have similar services. It is recommended to go to the bank branch directly for consultation.

Extended information:

1. Loan application conditions:

1. You must have a fixed income, and it depends on the salary details;

2 , Aged 18-65;

3. If the loan is used for business or car purchase, there must be a guarantor and mortgage;

4. Good credit report.

2. Loan application materials:

1. Lender’s ID card;

2. Lender’s credit information for the past six months, and the credit information is good;

3. Bank card transactions in the borrower’s name for the past six months without interruption;

4. Proof of residence of the borrower (rental contract, property certificate, water and electricity certificate for the past three months) , gas invoice);

5. Proof of income issued by the lender’s workplace;

6. Social security, insurance policies, and provident fund monthly payments can also be used as loans.

If you want to borrow a higher amount, you can get a mortgage loan, such as a house, car, etc.