(China Merchants Bank) Credit card arrears cannot be transferred to loans.
Take China Merchants Bank's credit card as an example. If the minimum repayment amount of the bill is not returned in time before the due repayment date, late fees and interest will be charged, and personal credit will be affected. The overdue fine is 5% of the unpaid minimum amount, and the minimum amount is RMB 10 yuan or USD 1 yuan. Interest refers to the collection of all consumption in the current period from the bookkeeping date (usually the day after consumption), with a daily interest rate of five ten thousandths until you pay it off in full. In order to avoid affecting personal credit, it is recommended that you repay on time. If it is not convenient to pay off the bill in full, please pay off at least part of the minimum payment on time. Minimum repayment amount of credit card = 10%. All general transactions of credit card account = 100%. All unsettled installment transactions in the account = 100%. The outstanding part of the minimum repayment amount in the previous period = 100%. All the money used exceeds the credit limit of the account = 100%. Cost = 100%. If you can't pay off in one lump sum, you can pay off the minimum repayment amount on time before the final repayment date, without affecting your personal credit, but you can't enjoy the interest-free repayment period. All consumption in the current period will bear interest from the bookkeeping date, with a daily interest rate of five ten thousandths. (If you repay in full and on time, you can enjoy an interest-free period for credit card spending) If you don't repay, your credit will be affected and interest will be charged. Banks will ask for compensation first, and then they will not rule out seeking legal solutions. I suggest you ask your relatives and friends for help and repay as soon as possible. 2. Can I apply for a loan if my credit card is overdue?
Legal subjectivity: we know that overdue credit cards will affect credit, and it is difficult to borrow money with bad credit. Although it may not be rejected, the loan channel should be chosen correctly. Many people want to know where to get a loan after the credit card expires. Here is a brief introduction. Where can I get a loan if my credit card is overdue? In fact, there are still many loan channels available for overdue credit cards. However, in order to ensure the safety of funds and information, it is suggested that formal loan channels, such as banks and licensed financial institutions, should be preferred, which are more important to personal credit. Therefore, if the credit card is overdue, it is recommended to repay the overdue amount before lending. After all, many lending institutions will not give loans to people who are overdue at present, because the current overdue shows that the lender's repayment ability is not good, even the credit card is not paid, and lending them will definitely be overdue. To this end, the first thing a friend who has overdue credit cards should do is to pay off the credit card arrears, and then choose the appropriate loan channel. If you want to improve the loan success rate, you can try these two methods: 1. A secured loan is a loan obtained from a bank or a licensed institution by providing collateral or guarantee. Generally, the number of loans overdue is discontinuous, not more than twice in half a year. The repayment ability is relatively strong and it is relatively easy to succeed, but the loan cost will be higher. 2. Private lending refers to borrowing money from some private lending institutions, which do not attach great importance to the credit of lenders, but they need to know the qualifications of lending institutions and loan interest rates before lending to avoid lending. It is very important to choose the right loan product according to your repayment ability.
Legal objectivity: Article 11 of the Interim Measures for Personal Loans shall meet the following conditions: (1) The borrower is a citizen of People's Republic of China (PRC) (hereinafter referred to as China) with full capacity for civil conduct or an overseas natural person who meets the relevant provisions of the state; (2) The purpose of the loan is clear and legal; (3) The amount, duration and currency of the loan application are reasonable; (4) The borrower has the willingness and ability to repay; (5) The borrower's credit status is good and there is no significant bad credit record; (6) Other conditions required by the lender. Article 12 The lender shall require the borrower to apply for a personal loan in writing, and require the borrower to provide relevant materials that can prove that it meets the loan conditions. Article 13 After accepting the borrower's loan application, the lender shall fulfill the obligation of due diligence, investigate and verify the authenticity, accuracy and completeness of the personal loan application content and related information, and form an investigation and evaluation opinion.
3. Can I still apply for a loan if my credit card has an overdue record?
It will affect the success rate of applying for a loan, but it can be applied.
4. Can I apply for a bank loan if my credit card is overdue for 6 times? This is urgent.
It's a few days late, and it's too late to give you money! Unless there is collateral! Let's find someone to take the door! Use your relatives!