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Why does the Ruifeng Bank car loan card show available loans?

The available loans displayed on the Ruifeng Bank car loan card represent the current limit that can be used by the credit card. The limit of some bank car loan cards can only be used for car purchase installments, so even if there is an available limit in the card, the user cannot use the limit. Some banks allow users to use credit card limits, so if the car loan card has a limit, you can use it like an ordinary credit card for consumption. Due to different regions, the credit card installment car purchase services of different banks are different.

Ruifeng Bank car loan application conditions and procedures

Conditions: The applicant’s work unit and fixed residence are within the service area of ??Ruifeng Bank. The borrower must be the owner of the purchased vehicle. If the loan is for business or car purchase, a guarantor and mortgage are required. Be able to pay the first installment of the car purchase as stipulated by Ruifeng Bank. Other conditions required by Ruifeng Bank. Process: The borrower signs a car purchase contract with the dealer and pays the first installment of the car purchase. Ruifeng Bank accepts the application and conducts pre-loan investigation and loan review; Ruifeng Bank investigates and approves the car loan application; the bank issues the loan and the borrower repays the loan. .