Does the financial resources of Guangfa Bank occupy the credit card limit?
Not necessarily. Official website of Guangfa Bank made it clear that it would review the card usage, asset status and installment business amount to decide whether to occupy it.
1. If the line is occupied, it will be gradually recovered after each repayment;
2. If it is not occupied: then the credit card amount remains unchanged, and the principal and handling fee payable in each period are included in the credit card bill.