Yes, Guangfa Bank credit card holders can apply for wealth management services on the APP or by calling the Guangfa Bank Credit Card Center.

The following conditions must be met to use Guangfa Credit Card small loans:

1. There is an age limit for applicants, who must be between 18 and 65 years old.

2. You must have a local household registration certificate. If you are from outside, you need to provide a valid residence certificate as a supplement.

3. Have a stable income to ensure your ability to repay.

4. Must have a good credit card usage record.

As long as the borrower meets the above loan conditions, apply for a Guangdong Development Bank credit loan to Guangdong Development Bank and submit the above relevant supporting materials. ,

After passing the bank review, go through the corresponding Guangdong Development Bank credit loan procedures and sign a loan contract. Finally, Guangdong Development Bank will issue the loan to the borrower's designated account.

Extended information:

A simple and popular understanding of a loan is borrowing money that requires interest.

Loan is a form of credit activity in which banks or other financial institutions lend monetary funds according to certain interest rates and must be returned. Loans in a broad sense refer to the general term for lending funds such as loans, discounts, and overdrafts.

Banks invest their concentrated currency and monetary funds through loans, which can meet the society's need for supplementary funds to expand reproduction and promote economic development. At the same time, banks can also obtain loan interest income. , increasing the bank’s own accumulation.

Credit Card (English: Credit Card) is a non-cash payment method and a simple credit service.

A credit card is generally a plastic card with a length of 85.60 mm, a width of 53.98 mm, and a thickness of 0.76 mm (the size is defined by the ISO? 7810, 7816 series of documents). The bank or credit card company determines the card according to the user's creditworthiness and Financial resources are issued to the cardholder. The cardholder does not need to pay cash when using the credit card, and will repay on the billing date (Billing?Due?Date).

Except for some credit cards combined with debit cards, general credit cards are different from debit cards and ATM cards in that credit cards will not directly deduct funds from the user's account.

History

The earliest credit payment appeared in the capitalist capital of Britain at the end of the 19th century. Around the 1880s, it was aimed at wealthy people buying expensive luxury goods but not carrying them with them. To carry so much money, the British clothing industry has developed a so-called credit system. Using record cards, you can bring popular products back early when shopping. The tourism and business sectors have also followed this trend to seize business opportunities.

However, the cards at that time could only be used for short-term commercial credit in specific places. The money still had to be paid as and when used. It could not be in arrears for a long time, and there was no credit line. It relied entirely on the capital credit of the wealthy population. design. In the 1950s, the first credit card for the public appeared. Frank McNamara, a credit expert in Manhattan, was dining in a restaurant. Since he did not bring enough money, he had to ask his wife to send money.

This made him feel very embarrassed, so he organized a "Diners Club" (English: Diners Club, which is Diners Club). After anyone is approved to become a member, he can bring a dining charge card to the restaurant. You can record your purchases at designated 27 restaurants without having to pay cash. This is the earliest credit card.

Since then, as more and more cooperation partners have been signed, the scope of temporary overdraft services has also become wider and wider. People have also become accustomed to this convenient transaction method without having to carry cash, which has promoted the popularity of bank credit cards. Arriving in the United States, Franklin National Bank was the first bank to issue a credit card, and other U.S. banks later followed.

Application

In most cases, citizens with full capacity for civil conduct (citizens over 18 years old in China), with certain direct financial resources, or without direct financial resources College students (only undergraduates, some banks are even more limited to key universities in China's "211 Project") can apply for a credit card from the card issuing bank.

But now, in China, the Banking Regulatory Commission has strictly controlled students' credit card processing behavior to prevent students without stable financial income from abusing credit cards, overdrafting their credit cards prematurely, and becoming card slaves. Almost all banks have stopped issuing student credit cards or require student guardians to sign third-party repayment agreements.

Sometimes, legal persons can also serve as applicants. The application method is generally by filling out a credit card application form and submitting certain copies of documents and certificates to the card issuer. The application form is accompanied by a credit card use contract. The applicant authorizes the card-issuing bank or relevant departments to investigate its relevant information, and submits a statement of the authenticity of the information, the card-issuing bank's privacy protection policy, etc., and must have the applicant's signature.

Issuance

Usually banks will judge whether to issue a credit card to the applicant based on the application information, various aspects of the applicant’s information and financial situation, and the standards of each bank’s internal credit review policy. applicant. Factors considered include the applicant's past credit record, the applicant's known assets, professional characteristics, etc. The specific factors and processes reviewed by the card issuing bank are commercial secrets and are generally difficult for outsiders to understand.

The standards of each card issuing bank are also different. Therefore, the same material may be issued with different credit limits in different banks, different types of credit cards, and some banks may even approve it, but Some banks may refuse to issue it.

Reference materials:

Specific application of law in criminal cases of credit card management - China Law Network

Guangfa Bank

Credit card - Peking University Law Information Network