Can I borrow money with the credit card I just applied for?

In this case, you can apply for a personal bank loan. However, you should pay attention to the following issues when applying for a personal loan:

1. The loan amount you apply for must be within your ability. Usually, the monthly repayment amount should not exceed 50% of the total household income;

2. The purpose of the loan must be legal and compliant, and no illegal things can be done;

3. Choose a repayment method that suits you based on your repayment ability and future income expectations;

4. The information provided to the bank must be true, and the address and contact information provided must be accurate, and the bank must be notified promptly when changes are made;

5. Carefully read the terms of the contract and understand your rights and obligations;

6. Repay on time to avoid bad credit records;

7. Do not lose the loan contract and IOU. For mortgage loans, do not forget to cancel the mortgage registration after paying off the loan.

How to apply for a credit card loan?

1. Call the bank to apply.

Remember, never say you want to apply for a credit card loan right away. Remember the term "cash installment". Some banks have other names, such as Guangfa's "everything red". Pudong Development Bank is called "Wanjin. Anyway, if you don't know, just say you want to apply for cash installment.

2. Provide credit card information.

Customer service will ask you 3 questions:

1. Name and the last 3 digits on the back of the credit card.

2. The purpose of applying for cash installment is as long as it is for re-education.

3. Confirm the number of installments for cash repayment. Ask the customer service how many installments there are and what the service rates are. Let him calculate it for you, and then you can measure the repayment in several installments.

What the bank needs to do:

1. Review your information. Whether the information you provide is accurate, you need to confirm that it is you who is handling it.

2. Review the amount you can handle. . Determined based on the applicant’s daily card usage, credit card limit, and repayment status. The higher the credit limit, the higher the cash installment amount that can be processed.

After the final review is successful, you provide a debit card account number, preferably a debit card from the credit card issuing bank. If it is a debit card from another bank, a handling fee will be deducted.

How to borrow money from a credit card.

When users hold a credit card, they can borrow money in the following two ways:

1. Apply for credit card cash installment. Now many banks have opened credit card cash installment business. If you want to apply for credit card cash installment, the cardholder needs to go to the bank to apply. After approval, the bank will convert the amount applied by the cardholder into cash and deposit it into the designated debit card.

2. To apply for a cash advance, users can directly take their credit card to the bank's ATM machine to withdraw money. Currently, there are handling fees and interest for cash advance. The handling fee is 1% to 3% of the cash withdrawal amount, and the interest is 0.05 per day.

How to borrow money with a credit card?

If you have a credit card, you can borrow money in the following three ways:

1. Apply for credit card cash installment: The cardholder takes the initiative to go to the bank to apply. After approval, the bank will convert the amount applied by the cardholder into cash and deposit it into the designated debit card. The cardholder presses Just return it in the designated period.

2. Apply for cash advance: Users can directly take their credit card to the bank's ATM to withdraw money;

3. Credit card loan: For For large-scale purchases such as car purchases and renovations, the bank will grant a certain loan amount based on the cardholder's credit status, and the cardholder will repay the loan in two ways: one-time principal repayment and installment repayment.

About just now. This is the end of the introduction on how to get a credit card and whether you can apply for a credit card after getting a loan. Did you find the information you need?