Credit card loan means that the bank gives a certain amount according to the credit status of the credit card holder, and the cardholder can use the credit card to make credit card consumption. Credit card loan repayment methods are divided into one-time repayment and installment repayment.

the bank will increase the installment quota of the credit card according to the credit status of the credit card holder, so as to meet the demand of the cardholder to purchase the designated brand cars in installments at the designated dealer. The cardholder can repay the car purchase money in monthly installments only by bearing a certain handling fee, which fully reduces the repayment pressure.

handling fee: you don't need to pay the bank loan interest when buying a car by installment with a credit card, but you have to bear a one-time handling fee. Handling fee = installment amount × cardholder's handling fee rate (the handling fee is included in the first month's bill after the installment purchase), and the handling fee rate of each bank is different.

loan term: generally, the longest term for car purchase by installment is 24 months.

down payment: generally, a down payment of not less than 3% of the car price is required for car purchase by credit card installment.

limit: banks have stipulated the loan amount for car purchase by credit card installment. For example, CCB stipulates that the installment amount range of car purchase is 2,-2,.