"Generally speaking, banks will determine the credit line from the aspects of customers' spending power, repayment ability and repayment willingness. The granting of credit line mainly considers the bank's income, risk and the convenience of the cardholder. "A related person from Shenzhen Development Bank Credit Card Center said.

A person from the Credit Card Center of China Merchants Bank told the Shenzhen Business Daily that the credit limit of a credit card will be comprehensively scored according to the information filled in by the customer when applying for a credit card and the relevant supporting documents provided. If the relevant information provided by the customer at the time of application fails to fully reflect the customer's financial situation, you can also provide relevant financial proof on your own initiative and request to adjust the credit line.

The source said that if citizens are in urgent need of increasing the credit line when traveling abroad or moving, they can call the 24-hour customer service hotline of the credit card center to apply for increasing the temporary credit line. If the cardholder forms a comprehensive credit score according to his historical behavior after a period of consumption and repayment, the bank will actively adjust the fixed credit limit of customers with higher scores as needed.

SDB also said that if there is a requirement to increase the credit limit, cardholders can apply for increasing the credit card limit by dialing the bank's 400 number, and the bank will complete the processing within 2 working days.

"Do all customers need such a high quota?" A related person from the Credit Card Center of China Merchants Bank said that to a certain extent, the amount that cardholders can use is in the dual interests of banks and cardholders.

100% high annual interest rate

Since the beginning of this year, the cumulative effect of continuous regulation of monetary policy has gradually emerged. The reporter also noticed that the continuous increase of the deposit reserve ratio and the control of the annual credit line made the loan amount of commercial banks tight, which led to a general increase in the interest rate of private lending. Recently, there was even a high annual interest rate of 1.000%.

Private lending rates soared.

The reporter learned in the interview that the private lending market in Jiangsu, Zhejiang and Guangdong, where there are many small and medium-sized enterprises, has been extremely hot this year due to the tightening of bank funds, and even has a monthly interest rate as high as 10%. The staff of an investment company in Guangzhou told reporters that if collateral is used as a secured loan, the monthly interest rate of the loan is 2.6% to 2.8%. If there is no mortgage loan, the monthly interest rate is 7% to 10%. According to China's "General Principles of Civil Law", if the interest is four times higher than the bank's loan interest rate for the same period, it belongs to usury, and the higher part is not protected by law. According to the current RMB loan interest rate standard of financial institutions in China, the benchmark interest rate for short-term loans within six months is 5.85% per annum, which is four times of 23.4% per annum.

At present, the interest rate of private lending is much higher than the four times standard stipulated by law. In order to be legal on the books, many loans are still below 4 times of the benchmark interest rate in the contract, and various fees are added to the extra interest.

Zhou Dewen, president of Wenzhou SME Association, also revealed in an interview with the media that Wenzhou Bank has basically stopped lending to SMEs and can only turn to usury. The interest rate of private lending this year is generally higher than in previous years. The monthly interest rate of short-term loans from 7 days to 10 days may reach 8% to 10%, but the monthly interest rate of loans for more than 3 months is between 3% and 5%.

RRR has been adjusted five times this year.

The central bank recently decided to raise the RMB deposit reserve ratio of deposit-taking financial institutions by 0.5% from May 18. This is the fifth time that the central bank raised the deposit reserve ratio this year. At present, the deposit reserve ratio is at a historical high level, and the financing cost of SMEs is bound to continue to increase. (Wen Hui)

Credit card loans of listed banks

The total credit line is generally low.

Credit card loans of listed banks account for the total credit line.

Huaxia Bank 12%

China Construction Bank nearly 30%

Nearly 40% of ICBC

Nearly 50% of China Merchants Bank