What is the limit of 80,000 for Ping An Credit Card?
The limit for Ping An Credit Card is generally 80,000 to 300,000, which is medium.
This is a higher limit, which means your credit is better.
Generally, if the credit card of Ping An Bank reaches 80,000 yuan, it needs to have relatively good personal qualifications, such as no overdue credit, low debt, and frequent use of Ping An credit cards for consumption. If you repay the loan on time, you can reach this limit.
People with particularly good credit scores and the ability to repay will have higher credit limits.
How can I pay off a credit card worth 80,000 yuan? Take a look at the three options
The amount of credit card debt of 80,000 yuan is relatively large. For many families, it is equivalent to a year’s income. If the cardholder has a low income and no savings, he must It is quite difficult to pay off the debt of 80,000 yuan. But you have to pay it back. You must know that the principal of the credit card debt is up to 50,000 yuan, and there is a risk of penalties if you don't repay it. Here are some repayment options for you.
How can I pay off a credit card worth 80,000 yuan?
1. Installment repayment:
It can only be processed if it is not overdue. It also depends on whether the 80,000 yuan owed is on one card or on multiple cards. If it is all For the principal consumption, you can wait until the bill comes out before handling it. It is recommended to choose the longest installment period. Some banks can provide a maximum installment period of 36 installments, and some can provide 24 installments.
The longer the installment period, the lower the pressure of repayment in each installment. The principal repayment in each installment is between 2,222 yuan and 3,333 yuan, plus handling fees. If the monthly income is around 5,000 yuan, You can get through it by gritting your teeth.
2. Collect money to repay:
This is the most effective method. First confess to your family, and then borrow money from them to repay. If your family has no money, you can ask relatives and friends to borrow money.
If you want others to be willing to borrow money, you must explain the reason for borrowing the money, and you must also ensure that you will repay the money on time. If possible, give some interest. After all, 80,000 yuan can be deposited in the bank for two or three years. There is also a lot of interest, it is not easy to borrow money, and it is unkind to let others lose money.
3. Negotiate repayment:
Generally, negotiation can only be carried out after the overdue period. The timing of negotiation must also be grasped. If it is too early, the bank will not negotiate easily, and if it is too late, it may Been killed. Many cardholders said that they usually have to negotiate after 4 overdue bills. It is best to go directly to the credit card center to negotiate.
Bring your ID card, credit card, and relevant documents to prove that you are not overdue maliciously. Don’t forget to prove your income. This is the key to successful negotiation for repayment. You must let the bank know that you are able to repay. It's just that the money won't be paid for a while.
What is the minimum repayment amount for an 80,000 yuan credit card and what is the total interest rate?
The minimum repayment for a credit card is generally one-tenth of the current balance as the minimum repayment. The minimum repayment of 80,000 yuan is about 8,000. In some cases, the minimum repayment is determined based on your card usage records. For example, if it is always overdue or the card status is abnormal, the minimum repayment will not be one-tenth. Interest is 0.05% per day. 80,000 is the consumption interest of 40 yuan per day. Counted from the date of consumption.
1. The consequences of minimum repayment
Repaying only the minimum repayment amount every month will not affect your credit record, but the longer the period, the higher the compound interest charged by the bank. , and the limit of the credit card will not be increased, which will affect the credit card usage limit. Some banks will reduce the limit of credit cards with continuous minimum repayments.
If you only pay the minimum repayment amount on a credit card, it is not considered overdue and will not affect your credit record. The relevant content is as follows: 1. The minimum repayment amount is different for each bank, generally 10% of the bill amount. or so; but if the minimum repayment this month is not repaid, then the minimum repayment "next month" = the minimum repayment payable "next month" and the late payment penalty for the part that should be repaid this month. The minimum repayment this month (10% of the entire amount) about). 2. After paying the minimum repayment amount, starting from the due date of repayment, you will be charged a daily interest of 0.05% of the total amount of the monthly bill, and compound interest will be calculated on a monthly basis. This can easily form a vicious cycle.
Suggestion: Develop good card usage habits. Don’t always pay only the minimum repayment amount, overdraft regardless of financial strength, and pay more interest fees. 3. Generally speaking, monthly bank and credit card statements will be sent with SMS reminders or paper statements. The bill will specify: What is the minimum repayment amount, or how much can be applied for installment payment.
4. There is no need to contact the bank to repay the minimum repayment amount. As long as the bank deduction amount is greater than or equal to the minimum repayment amount, it will not be considered overdue, but interest will be calculated as mentioned above. 5. You can also repay the minimum repayment amount with cash withdrawal, but the cost of cash withdrawal with credit card is higher. In addition to the cash withdrawal fee, interest will be calculated at 0.5% per day starting from the second day of withdrawal. 6. If you pay the minimum repayment amount, you will not leave any bad records. Bad records are caused by overdue repayments. You only need to pay back the amount you should pay in each period.
That’s it for the introduction of the 80,000 credit card.