Credit card loans and credit loans have their own advantages and disadvantages. Credit loan is better than high amount and low interest, and credit card loan is better than simple, convenient and easy to operate. If you want a loan, you have to choose according to your own needs and choose the one that suits you.

The most basic and favorite function of credit card is overdraft consumption function. Of course, for friends who are short of money, it is also an emergency to withdraw cash with a credit card, but there is a handling fee for withdrawing cash. In addition, credit card has another advantage, that is, credit accumulation. Personal credit is very important no matter what business you do in the bank now. Therefore, when using credit cards, we must be standardized and reasonable, and pay attention to the development and accumulation of our personal credit.

As long as it is a comprehensive consumer loan for individuals and enterprises to solve financial difficulties, the maximum loan amount that can be provided to borrowers is 500,000 yuan. The application threshold is lower than that of bank loans, and the examination speed is faster, but the loan interest is higher than that of bank loans, and the procedures are simpler and more convenient. Now most companies can basically apply on the same day and lend money on the same day. After the application is successful, you can directly send your loan amount to the designated debit card. And compared with credit cards, it will be more widely used, and there is no charge for cash withdrawal.

If your loan amount is relatively low, such as you need 10000 yuan or 20000 yuan, you can apply for a credit card. If your job is better, you can basically apply. You need information: ID card, work certificate, company address, company phone number, social security card or provident fund card, which will help increase the quota.

If the amount required is relatively high, such as 565,438+10,000 yuan, you may not be able to apply for a loan if you apply for a credit card. Information needed to apply for a loan: ID card, household registration book, marriage certificate, income certificate, bank account. If you have a real estate license and driving license, it will help to increase the quota.

Credit cards and loans are based on the customer's own qualifications. The better the conditions, the more stable the job and the larger the amount. Generally, the number of micro-credit loans is 1 0,000, and the first application for a credit card is generally not too high, with an average of several thousand yuan.

Credit loan refers to an unsecured and unsecured loan form. Banks or credit institutions decide the loan amount according to personal credit. Credit card loans, only banks will launch credit cards.

Which is more cost-effective, credit loan or credit card loan?

Generally speaking, credit loans are more cost-effective than credit card loans.

Credit card loans are small loans, generally used for small consumption, rarely reaching100000 yuan. The credit loan amount is determined according to the borrower's qualification. The better the qualification, the higher the amount. It is generally not difficult to reach tens of thousands to hundreds of thousands, and some can even borrow more than one million.

The interest rate of credit loans is lower than that of credit cards. Friends who have used credit cards should know better that if they pay in installments, the interest is not generally high. But the credit loan is very low, and the annual interest rate is around 5.6%.

In addition, there are differences in repayment methods. Credit card loan with equal principal and interest repayment. Credit loans can be repaid by paying interest first, then principal, and matching principal and interest. Pay interest every month after interest, and pay the principal in the last installment. This repayment method is relatively easy in the early stage, and the monthly payment pressure is relatively small, that is, the pressure will be relatively high in the later stage of repayment.

Which is better, a credit card loan or a bank loan?

Whether credit card is cost-effective or bank loan is cost-effective is discussed in different situations. If it is short-term, it is more cost-effective to use a credit card;

If it is a long-term capital demand, it is relatively cost-effective to use bank loans. If the amount of credit card use does not exceed 50% of the fixed amount, it is more cost-effective to use credit card;

It is more cost-effective to use bank loans for large-scale consumption with credit card usage exceeding 50%.

The main features of credit cards:

1. Credit card is one of the fastest-growing financial services, and it can replace the traditional cash circulation in a certain range.

2. Credit card has both payment and credit functions. Cardholders can use it to buy goods or enjoy services, and they can also use credit cards to obtain certain loans from card issuers;

Credit card is a high-tech product integrating financial business and computer technology.

4. Credit cards can reduce the use of cash and currency;

5. Credit card can provide settlement service, which is convenient for shopping and consumption and enhances the sense of security;

6. Credit cards can simplify the collection procedures and save social labor;

7. Credit cards can promote commodity sales and social needs.

Main types

According to the different card issuers, it can be divided into bank cards and non-bank cards.

Bank card. This is a credit card issued by the bank. Cardholders can shop and spend money at the special merchants of the issuing bank, or they can withdraw cash at any time at the outlets of the issuing bank or at places with ATMs.

Non-bank card. This kind of card can be divided into retail credit card and travel entertainment card. Retail credit cards are credit cards issued by commercial organizations, such as department stores and oil companies, which are specially used for shopping in designated stores or filling gas stations. , and settle accounts regularly. Travel and entertainment card is a credit card issued by airlines, travel companies and other service industries, which is used for ticket purchase, dining, accommodation, entertainment and so on.

According to the different issuing banks, it can be divided into corporate cards and personal cards.

Company card. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, state party and government organs, armed forces, organizations and other legal person organizations.

Personal card. Personal cards are issued to individual urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable income sources. The personal card is applied in the name of an individual and bears all the responsibilities for its use.

According to the credit status of cardholders, it can be divided into ordinary cards and gold cards.

Ordinary card. Ordinary cards are issued to cardholders with average economic strength, credibility and status, and the requirements are not high.

Gold card. Gold card is an advanced credit card that pays a high membership fee and enjoys special treatment. Card issuers are institutions with high credit, strong repayment ability, credit or certain social status. The starting point of gold card authorization limit is higher, and the additional service items and scope are wider, so the requirements for related service fees and deposits are higher.

Credit cards can be divided into credit cards and debit cards according to different payment methods.

Credit card. That is, when the issuing bank provides bank credit, it overdraws first, and then repays or pays in installments. Most of these cards are used for international circulation. In other words, the way to allow cardholders to pay off their credit card accounts is "consume first, then deposit". At present, most of the cards in circulation in the world are of this kind.

Credit and debit cards. It's a credit card issued by the bank. Deposit first and then spend. When applying for a credit card, the cardholder needs to deposit a certain amount of money in the issuing bank in advance as a backup. The cardholder needs to use the card on the basis of the deposit balance, and generally no overdraft is allowed.

Want to buy something, is it cost-effective to use a credit card or a bank loan?

First of all, it depends on what you want to buy, what is the price, the amount and time of repayment? It is still necessary to analyze specific problems. Both have their advantages and disadvantages, so we can't generalize.

The difference between credit card and loan.

1, bad line

First of all, their credit lines are different, and the credit card line is relatively small. According to everyone's qualifications, its line is different, but generally speaking, it is not much. If the price of things bought at this time is relatively low, you can use a credit card.

Then the bank's loan amount is higher than this. If the purchase price is relatively high, you can apply for a bank loan at this time.

2. Differences in interest charges between credit cards and loans.

In addition to the difference in amount, there is also a very important difference in handling fees between the two. If the shopping volume is relatively large at this time, you may want to figure out which one is more cost-effective for you. Now many goods can be paid by credit card in installments, free of interest, which is also very cost-effective. Credit cards are very convenient to use. After all, you have a credit card and you can use it now, but if you want to apply for a loan temporarily, it may not be approved.

3. The repayment time is different

In fact, the main function of a credit card is to give you an interest-free period for a period of time. After spending this month, I have to pay back the credit card next month. The repayment time of the loan is different. It will take longer. At this time, you can allocate funds reasonably according to your own plan. Unlike credit cards, which are used up this month, you have to think about how to make up the money next month. Another is that the credit card we just mentioned is mainly used for people to spend in advance, so its main purpose is to spend money. It has many restrictions and you are not allowed to use it for other purposes.