Available credit limit refers to the current consumption limit of credit card, and credit limit refers to the total amount of credit card, that is, the maximum overdraft limit. The difference between the available line and the credit line is that the balance is the amount of current bill repayment, that is, the amount to be repaid. The available line is the credit line minus the consumption line, which is the available line. Before the final repayment date of the credit card, there is no need to pay interest if all the credit lines used are paid off. If you only change the minimum repayment amount, you need to charge a certain amount of interest, which is generally 0.5 ‰ of the unpaid part. If you fail to repay, you will be charged a late fee. Generally speaking, the available credit line is the credit line granted by the bank minus the currently used credit line, including unpaid debts and the amount of transactions that have occurred. Credit limit is the total amount of credit card granted by the bank when the credit card is issued, and it can be recycled normally within the validity period. Available line refers to the overdraft line that can be reused in the current cycle after deducting the debts that have been consumed by credit cards. If the debt is returned, the available lines will be restored. The available amount will decrease with each consumption and recover with each repayment. If the available amount is greater than the credit limit, it means that there is still extra money after paying off the arrears, and subsequent consumption can be automatically deducted. Ways to increase the credit limit: 1. Fully prepare all kinds of asset certificates. Proof of income, proof of house property right, proof of mortgage purchase, proof of automobile property right, proof of bank deposit or securities, etc. Submitted to the bank; Fill in the details of the form carefully. The bank will greatly increase the credit evaluation according to the form; Don't forget to swipe your card anytime and anywhere. In the process of using the card, you will spend more by swiping the card, and there will be a relatively stable consumption quota every month. The bank's information system will count the frequency and amount of credit cards, and the credit limit will be automatically raised after about half a year; 4. Repay on time and maintain good credit; 5. Take the initiative to apply for increasing the credit limit. After the normal use of the credit card for half a year, you can actively submit a written application or adjust the credit line through the service phone.

2. What do you mean by credit line and available line?

Credit line refers to the stock management index of short-term credit business approved by commercial banks for customers, which can generally be divided into single loan credit line, borrowing enterprise line and group borrowing enterprise line.

Available line refers to the available line of credit card. Defining the credit card available limit refers to the unused credit limit of your credit card. The available amount will decrease with each consumption and recover with each repayment.

3. What are credit lines and available lines? Introduce it in detail for everyone!

Now, more and more people need loans to achieve their consumption goals. Many people are exposed to grants in the process of handling loans. A friend asked: What are the credit limit and available limit? What's the difference between them? Related content.

basic concept

The maximum loan amount given to the borrower, but not the actual loan amount.

Available line refers to how many loans borrowers can apply for from credit financial institutions.

The difference between the two

In the loan product with revolving credit line, the available credit line is the difference between the credit line and the actual loan line, that is, "available credit line = credit line-actual"

For example:

If the credit line granted by the bank to borrower A is 200,000 yuan, and the line can be recycled, and A applies for withdrawing 50,000 yuan, then the available line of A is "20-5 = 6,543.8+0.5 million yuan". If Party A has repaid the loan of 20,000 yuan, then his available line is "152 =170,000 yuan".

In the loan product, you can.

For example:

If the credit line granted by the bank to Borrower A is RMB 200,000, and there is no credit line, the available credit line is RMB 200,000. If an applicant asks for a loan, the amount can be large or small, then the available amount becomes zero.

It is not difficult to see from the above that the credit line cannot be exceeded. The credit line granted by financial institutions increased, and the maximum available line increased.

The above are some contents about credit line and available line, and I hope they can help you.

4. What is the credit limit and available limit of a credit card?

If one card has a limit of 5,000, and two cards together have a limit of 5,000, it means that you are the same account and share the limit, which has nothing to do with your problem.

Available lines are lines that you can still use. For example, if the total credit limit of your card is 5000, and you overdraw 1500, then your available credit limit is only 3500. How much cash can be withdrawn depends on the overdraft withdrawal ratio of the card. If it is 50%, it is 2500; if it is 30%, it is 1500.