How to deal with credit card loans?

Currently, Tenpay supports 18 top-up banks including ICBC, Zhaoxing Bank, China Construction Bank, Agricultural Bank of China, and China Guangfa Bank. ICBC also supports the credit card recharge function. The daily limit of Youdun is the overdraft limit of the credit card itself. This means that when your cash flow is tight, you can also divert funds from your credit card and pay off your mortgage first. Alipay does not currently support the balance of Alipay and credit card repayments, so it is not feasible to use Alipay to repay.

One way is to pay off the mortgage through multiple credit cards, which I have never done before. The basic steps should be as follows:

The first step is to go to the bank to apply for a sufficient credit card (of course, this depends on your own ability, so as not to be accused of fraud in the end). Because you have a real estate certificate, the credit limit of each card should be 13.33542 billion.

The second step is to pay off the mortgage directly using your multiple credit cards. The method is to cash out all your cards at once and then pay off your credit card balances. After all, credit card interest is not as high as mortgage interest.

At present, although this method is feasible, it still has some shortcomings. As banks are becoming more and more strict about cash out management, they are currently imposing severe sanctions on customers suspected of cash out, that is, permanently canceling their application for increasing the limit.

In order to prevent your credit card interest rates from being too high, you also need to calculate the repayment dates of various cards, so the operation should be very complicated. If anything goes wrong, it's better to just pay off the mortgage, it won't be worth the loss in the end. Therefore, everyone ends up being wary of paying off their mortgage with multiple credit cards.

How to repay a loan with a bank card

Loan repayment is just a basic function of the bank card. The interest rate is the same as that of an ordinary current account. You can deposit as much as you want, and you can pay it to the bank on the date Your repayment amount will be automatically transferred (transferred). You can still use this account (card) after paying off the loan. But most people will cancel the account after the repayment is completed.

The specific operation methods for regular transfers to bank cards and regular loan repayments (mortgages, car loans) are as follows:

1. Enter the Alipay mobile client and select the credit card repayment option on the homepage. .

2. In the credit card interface, select the number on the upper right to add the credit card to be repaid.

3. In the Add Credit Card dialog box, enter the credit card, select the card-issuing bank, enter the cardholder's name, and click OK.

4. In the credit card repayment interface, the bound credit card will be displayed, click on the credit card.

5. During credit card repayment, select scheduled repayment, as shown in the figure below.

6. In the next interface, enter the amount to be repaid in the repayment amount field, select the repayment date in the deduction date field, select the Agree checkbox, and click to schedule repayment.

Can a credit card be used to repay a loan?

The person concerned can use a credit card to repay the loan. Credit cards have bank credit lines and overdraft functions, but credit card holders cannot directly use the credit card to repay the loan. Instead, they must withdraw the credit line of the credit card in cash and then use it to repay the loan.

Extended information:

How to withdraw cash with a credit card

Credit card withdrawals mainly include overdraft withdrawals and overpayment withdrawals. Overdraft withdrawals are made by the bank for the cardholder. The small-amount cash loans provided help cardholders flexibly allocate funds when they are in urgent need.

Cash withdrawal of overpayment refers to the funds that credit card customers overpaid when repaying or the funds deposited in the credit card account. A certain amount of handling fee is required to withdraw the overpayment. This amount can increase the available limit of the cardholder's credit card or be used directly for consumption repayment. If there is an overpayment on the credit card, the overpayment will be deducted first and then the credit limit. If the overpayment is greater than the consumption amount, there will be no overdraft.

Can a credit card directly repay a loan?

Can a credit card directly repay a loan?

Can a credit card directly repay a loan? Credit cards are issued by banks to individuals and organizations. It is a special carrier card with consumer credit that can be used to shop and consume from special entities and deposit and withdraw cash from banks. The following is the answer to whether a credit card can directly repay a loan.

Can a credit card be used to repay a loan directly? 1

A credit card cannot be used to repay a loan.

Credit cards cannot be used directly to repay loans, because this is a cash-out behavior and is a taboo for banks. Once such behavior is discovered, the card will be locked directly and will be included in the blacklist. Whether you want to apply for a card or get a loan, it will be very difficult. However, you can withdraw the money from the credit card directly, or you can repay the money from the credit card through transfer. These two methods are allowed by banks, because using these two methods, you yourself bear the responsibility of credit card overdraft withdrawal. The interest that needs to be paid.

The application methods for credit cards are:

1. Apply at the counter. Individuals need to bring their credit certificate to the bank counter to apply.

2. Online banking application. You can choose to apply for a credit card under the credit card service page, fill in the information and submit it. The review progress and results will be displayed on the online banking.

3. Apply by phone. By calling the bank’s customer service number, individuals can operate according to the voice prompts.

How to apply for a credit card the fastest

Choose the right card issuer

Different banks have different application thresholds for credit cards. For example, the four major state-owned banks have relatively high thresholds and a stronger awareness of risk control, so they will be more strict in selecting applicants. If the cardholder has good credit, repayment ability and financial ability, you can choose a state-owned bank. credit card.

If you are not qualified in terms of qualifications and cannot meet the high requirements of the bank, you can try to apply for a credit card from a commercial bank, such as China Merchants Bank, Industrial Bank, Minsheng Bank, etc. These banks have requirements for applicants. Relatively loose.

Meet the conditions for priority application of credit cards

If your personal fixed assets, personal credit, bank deposits, etc. are all very high, it is very easy to apply for a credit card. The salesperson in charge of credit cards is eager to have customers like this, and will even take the initiative to make an appointment with you and come to your door to apply for a credit card in person.

Try to apply online

Generally speaking, applying for a credit card online is the fastest and can save you a lot of tedious processes. After logging into the official website of the card issuer, you will usually see the entrance to apply for a credit card. After filling in and submitting the relevant information, the bank's salesperson will contact you within 24 hours. After successfully passing the interview, you can get it within one to two weeks. to a credit card.

Can I repay the loan directly with a credit card 2

If we directly use the bank’s app, it is not possible to repay the loan with a credit card. If you want to repay the loan with a credit card, you can only withdraw cash. Under normal circumstances, credit cards have a 50% cash withdrawal limit. We can withdraw cash from the credit card at an ATM machine or online banking, and then use the money to repay the loan.

Credit cards are special carrier cards issued by banks to individuals and organizations, which can be used to shop and consume with special organizations, deposit and withdraw cash from banks, and have consumer credit. In layman's terms, a credit card is a small loan payment tool provided by banks to users to consume first and repay later. But this kind of consumption can only be used for activities such as shopping in shopping malls. Credit cards can be used to purchase cars, houses, etc., but there are no points. Therefore, the so-called using a credit card to repay the loan is actually withdrawing cash from the credit card to repay the loan. Once a credit card uses the cash withdrawal service, it is the beginning of the cardholder's interest "trap": various banks charge a handling fee ranging from 0.5% to 1% for domestic cash withdrawals. In addition to the handling fee, the cardholder must also pay There is interest, calculated based on the daily interest rate of 5% and the annual interest rate of 18%. It is equivalent to borrowing a high-interest loan in addition to the mortgage.

Credit card application conditions:

1. Aged 18 or above;

2. Hold a valid ID card;

3. None Bad credit record;

4. Proof of regular employment;

5. Proof of income stamped with the financial seal of the unit;

6. Other proof of financial resources, such as Real estate, cars, stocks, bonds, etc.;

7. Social pension insurance certificate;

8. Provide two contacts.

The first three conditions must be met, and providing 4-7 supporting materials as much as possible will increase the success rate of card application and credit limit.

Can a credit card be used to repay a loan directly? 3

On December 16, it was learned from the official website of the China Banking and Insurance Regulatory Commission that the China Banking and Insurance Regulatory Commission issued the "Notice on Further Promoting the Standardized and Healthy Development of the Credit Card Business" (Draft for Comments)" Announcement for Public Comments.

The "Notice" requires that banking financial institutions should take effective measures to promptly and accurately monitor and control the actual use of credit card funds. Credit card funds must not be used to repay loans, investments, etc., and are strictly prohibited from flowing into areas subject to policy restrictions or prohibitions.

The "Notice" requires banks not to directly or indirectly use card issuance volume, number of customers, market share or market ranking as the single or main assessment indicator.

Strengthen the dynamic monitoring and management of sleep credit cards. The number of long-term sleep credit cards that have had no active transactions from customers for more than 18 consecutive months and whose current overdraft balance and overpayment are zero accounts for the proportion of the total number of cards issued by this institution at any point in time. No amount shall exceed 20%, except for credit cards with additional policy features.

Banks exceeding this ratio are not allowed to issue new cards. In the future, the China Banking and Insurance Regulatory Commission will also dynamically lower the limit standard for the proportion of long-term sleep credit cards, and continue to urge the industry to reduce the proportion of sleep cards to a lower level.

In addition, the "Notice" also lists prohibited marketing activities such as default check-box consent and forced bundling sales, and clearly stipulates that without unified internal qualifications of the bank, no one is allowed to engage in the institution's credit card issuance marketing activities. .

Warm reminder

1. Failure to pay off the minimum payment of the current bill within the due payment date (including the 3-day grace period) is considered overdue.

2. If the card has been suspended and you need to restore the card, please call the customer service number of the credit card center for consultation.

3. To repay the China Merchants Bank credit card through transfer from other banks, it is recommended to handle it 1-2 days in advance, and pay attention to the timeliness of the account.

4. There will be no fees for full repayment, but interest fees will be incurred for the minimum repayment.

How do I pay off my mortgage with a credit card?

Hello.

1. If you want to use a credit card to repay a mortgage, you must convert the credit limit of the credit card into cash, which means that the cardholder must use the credit card to withdraw cash.

2. Currently, in addition to the withdrawal fee, credit card withdrawals will also start from the day of withdrawal, and the daily withdrawal rate is 5/10000. Therefore, there are still costs associated with paying off your mortgage with a credit card. If a cardholder has cash flow difficulties during a certain month, he or she can choose to withdraw cash from the credit card to pay off the mortgage. After all, if the mortgage isn't repaid on time, the penalty will be higher.

What are the ways to repay a loan through a credit card?

1. Over-the-counter cash repayment (no handling fee, poor convenience, general scope of application) is similar to over-the-counter cash repayment in the form of ATM deposit repayment, but cardholders must understand it first Whether the ATM machine supports credit card repayment, you also need to know which bank the ATM machine belongs to and whether it supports deposits with the bank card you hold. 2. Automatic repayment of our salary card (no handling fee, very convenient, narrow scope of application). For example, if someone receives salary through China Merchants Bank and also holds a credit card from China Merchants Bank, then he can apply for a credit card With an automatic repayment agreement, the bank will automatically deduct the outstanding amount from the salary card every time the final repayment date comes. This not only eliminates the need to queue up at the bank, but also avoids the possibility of paying large amounts of interest due to underpayment. 3. Online banking and Alipay transfer repayment (the handling fees are lower, more convenient, and have a wide range of applications). PCs are extremely popular, and online repayment has become one of the most commonly used methods. Among them, online banking repayment is certainly used a lot. , efficient third-party repayment platforms such as UnionPay Online and Alipay are also well known to everyone, but they differ in the banks they support and the specific repayment operations, so you need to look carefully before using them. 4. Self-service repayment at convenience stores (the handling fee is not necessarily lower, more convenient, and has a wide range of applications). There are self-service repayment tools in some convenience stores and communities in first-tier cities. Its functions are similar to online inter-bank repayment. No need to You can use it by opening the online payment function, and the security is also good. It is also a good repayment method for many older cardholders and some people who do not have access to the Internet. This method is represented by Xinpaytong and Lakala. Shenzhen Development Bank has also launched similar "Easy Home Repayment" cross-border repayment machine. 5. Repayment of mobile payment products (the handling fee is extremely low, very convenient, and has a wide range of applications). When it comes to convenient credit card repayment methods, naturally we cannot ignore the mobile phone that is always around us. In fact, as long as the mobile phone is equipped with a special external device, You can turn your mobile phone into an ATM machine that operates all at once, and of course you can easily complete credit card repayments within and across banks.

6. Telephone banking repayment (no handling fee, more convenient, general scope of application) Some banks have opened telephone banking repayment services. If you already have a current account with the bank and have opened telephone banking transfer services, you need to call the fixed number. Customer service hotline to complete the repayment.