1. It is understood that whether the new Express will occupy the credit card limit depends on different situations. If there is a temporary limit for handling the new express, and the amount is greater than the temporary limit, the excess will occupy the fixed limit of the credit card. If there is no temporary quota for handling new express cash, then handling new express cash will occupy a fixed quota.
2. In other words, CITIC Bank New Express is a credit card loan business, which belongs to cash installment. If you apply for the new Express, users must maintain good usage, and overdue repayment will affect personal credit information. New Express is now a product of CITIC Bank, so it is reliable. After all, it is a product launched by CITIC Bank. CITIC New Express is now a pure online credit card loan business. You only need to submit an application and provide relevant information now to complete the loan of CreditEase yixinlicai.com, and you don't need to mortgage any asset certificates.
3. New Express is not a credit card overdraft, but a cash installment business with a credit card as the carrier. Cardholders can apply for a loan within the available limit of the credit card, and they can divide the loan into 1-36 installments to repay the loan, and only a part of the principal+handling fee is paid in each installment, which is much more cost-effective than withdrawing cash directly with a credit card.
4. after the new express is successfully processed, the cash will be transferred to the debit card or CITIC Blue Card account in the cardholder's name, and then it will be enough to repay on time every month. Of course, if you want to repay in advance, it is ok, but you need to add 3% of the remaining unpaid principal as the handling fee for prepayment.