Expanding the influence of credit cards on loans

You can get a loan with or without a credit card, but the credit history of parents with credit cards will affect the loan they need, and even the bank will not approve the loan.

Loans need credit. Although credit cards are not very effective in China at present, with the subprime mortgage crisis, many banks will provide their credit certificates when customers ask for loans. So the credit certificate is the title certificate? No, credit certificate generally refers to the repayment record of credit card or part of loan (such as mortgage). Rather than the so-called income certificate, property certificate and so on, because those are all property certificates that prove that customers can't repay at the specified time, but there are still things that can be mortgaged to avoid making banks lose money.

Since the customer has a credit card, the bank must know it, because the repayment record of the credit card is stored in the bank and is universal, even if the bank you want to borrow is not the bank of your credit card.

Therefore, a good credit card record is of great help to the loan.