In addition, the first issue is the bill, which is about once a month. The specific repayment depends on the number of applications.

First, the basic situation of credit card loans

1. Credit card loan means that the bank gives a certain amount according to the credit status of the credit card holder, and the cardholder can use the credit card for credit card consumption. Credit card loan repayment methods are divided into one-time repayment and installment repayment.

According to the credit status of credit card holders, banks will increase the installment quota of their credit cards to meet the needs of cardholders to buy designated brand cars during the disposal period of designated dealers. Cardholders can repay the car purchase money in monthly installments only by bearing a certain handling fee, which fully reduces the repayment pressure.

2. Handling fee: You don't need to pay bank loan interest to buy a car by credit card in installments, but you have to bear a one-time handling fee. Handling fee = installment amount × cardholder's handling fee rate (the handling fee is included in the first month's bill after installment purchase), and the handling fee rate of each bank is different.

3. Loan term: Generally, the longest term of car purchase by installment is 24 months.

Down payment: If you buy a car by credit card, you generally need to pay a down payment of not less than 30% of the car price.

Limit: The bank has regulations on the credit card installment loan amount. For example, CCB stipulates that the installment amount range of car purchase is 200,000-200,000.

Second, the status of credit card loans

1. In the domestic credit card development pattern, the state-owned big banks came from behind compared with the joint-stock banks, and occupied a dominant position in 2009, and the amount of card issuance and credit card loans was rapid.

According to the public annual report, the cumulative number of credit cards issued by Bank of China (Chinese mainland) at the end of 2009 was 22.47 million, an increase of 6.69 million, or 42.36%.

Bank of China said that in 2009, it became bigger and stronger in basic products such as Great Wall Credit Card, and jointly promoted Platinum Card, "Business Card" and various themed credit cards, thus achieving an increase in the number of cards.

2. The champion of credit card loan growth also belongs to BOC. At the end of 2009, the bank's credit card loan balance was 24.702 billion yuan, an increase of 1.4 1 billion yuan, an increase of 1.32.4%.

"In terms of card issuance and overdraft (loan), BOC is more aggressive in state-owned banks." A senior bank card person lamented this. It revealed that Bank of China took measures to seize the credit card market share in 2009. In addition, according to the disclosure in the annual report of Bank of China, it also actively expands three installment payment services: card account installment, merchant installment and large special installment, which naturally increases the scale of credit card overdraft.

3. It is precisely because of the arrogance of BOC that "CBRC twice warned BOC of the risk of countercyclical expansion", said the above-mentioned person.

As the first credit card issuer in China, ICBC issued 52 million cards at the end of 2009, accounting for one third of the market share. The absolute number of newly issued cards reached12.95 million, but the growth rate was 33. 16%, which was lower than that of Bank of China.

In terms of credit card loans, ICBC's credit card overdraft balance was 37 1 100 million yuan, an increase of 19779 million yuan, or an increase of1/5.7%. ICBC said that the continuous growth of credit card issuance and transaction volume and the rapid development of credit card installment payment business led to the increase in loans.

In 2009, CCB added 5.53 million credit cards, and the total number of cards issued reached 24.24 million. The loan balance was 36.332 billion yuan, an increase of 65.438+03.408 billion yuan or 58.49% over the previous year, ranking in the middle of state-owned banks.

According to the investigation of brokers, Bank of Communications, as a rising star among big banks, registered more than12.39 million credit cards by the end of 2009, an increase of about 30% over the previous year. The annual report shows that its credit card loan balance was 30.693 billion yuan, an increase of 65.438+0.0309 billion yuan in that year, with an increase rate of 50.57%. However, in 2009, Bank of Communications announced that its profit was ahead of other big banks.