Can't pay back the credit card for the first time? The down payment for a loan to buy a house is also a big expense for many people. Some office workers find it difficult to raise the down payment even if they improve the strength of their families. Can't I pay the house down payment by credit card? What are the disadvantages of printing a credit card for the first time?

It is clearly stipulated that consumer loans are strictly prohibited from flowing into the construction market. Whether the credit card can be used to pay the room rate is still in a vague area. But logically, credit card consumption is essentially a consumer loan, which can only be used for daily consumption such as shopping, eating and traveling. And can't afford the down payment. However, many construction sales departments can pay by credit card when purchasing transactions. This is because when trading with POS machines, it is difficult for banks to distinguish whether the transaction is buying a house, paying rent or other behaviors. After discovering abnormal transactions, banks can only restrict the down payment of credit cards by limiting the transaction amount and requiring one-time repayment. Let's understand the shortcomings of the first credit card.

Disadvantages: First, it is impossible to pay by installment, and the overdue interest and late payment fee are high.

We know that banks have regulations, as long as the credit card terminal shows that the purpose of credit card consumption is to buy a house, a car, wholesale business and so on. Can't apply for installment payment.

Printing credit cards can't pay down payment in installments, and the pressure of short-term repayment will definitely increase. If you can't repay in time, it's easy to expire. Paying high interest and late fees, the most important thing is to affect the individual application of buyers. Therefore, before paying, you must make it clear according to your own economic situation, and don't blindly print cards.

Disadvantage 2. There are no points for brushing real estate transactions.

Banks don't make that much money. With regard to real estate, automobiles, public welfare businesses, building materials wholesale and other transactions, the profits are low, and banks generally stipulate that credit cards have no points, so friends who intend to pay back the points first may be disappointed.

Disadvantage 3. The implementation of the New Deal is easily passed on by operators.