Small partners holding China Merchants Bank credit cards should be familiar with e-loans. China Merchants Bank often calls or sends text messages to invite business opening. This is a loan service for credit card users. As long as you have a good personal reputation, you can easily get a loan. So is the interest rate of e-loan of China Merchants Bank high? This is the issue that everyone is most concerned about. Let's talk about it today

I. Introduction to Electronic Loan Invitation

This is a cash credit business with a maximum amount of 300,000, which started several years after graduating from college. At present, the quota is about 50,000 yuan, which belongs to the exclusive credit card quota. Only credit card users can apply.

Second, the e loan application conditions

Holders of China Merchants Bank's main credit card can apply through Pocket Life, mobile banking, online banking and customer service telephone.

Warm reminder: except for holders of student cards, platinum installment cards, business cards, official cards, purchasing cards or supplementary cards.

Third, what is the interest of China Merchants Bank E? Is it tall?

E loan invitation supports two repayment methods:

1, borrow and return

The starting price is 654.38 million yuan. After the application is successful, the interest will be calculated from the date of application, with the daily interest rate not exceeding five ten thousandths, and the interest will be paid monthly, with no extra handling fee and no interest-free period.

2. Payment by installment

Starting from RMB 65,438+0,000, the handling fee shall be calculated in installments, and the monthly rate shall not exceed the principal and handling fee of each installment, which shall be shown on the bill.

The third phase of e-loan seems to have a high interest rate, but businesses often engage in activities and have a good reputation. They often swipe the credit card of China Merchants Bank. After paying attention to the official account of WeChat WeChat, they found that China Merchants Bank will give a half-price discount for the term above 12, which means that as long as the interest is calculated, it will be lower.

Fee for each installment = total installment amount × fee rate, which is far lower than the interest of private online lending platforms, and it is safe and reliable. Small partners with China Merchants Bank credit cards can try it.