How to repay a credit card loan

How to repay a credit card loan

How to repay a credit card loan and Alipay payment are already familiar to people who love online shopping. People have become accustomed to this convenient payment method and regard Alipay repayment as their first choice for credit card repayment. Here are various ways to repay a credit card loan.

How to repay a credit card loan 1

1. Bind a savings card for automatic deduction

Many credit card issuing banks now provide automatic repayment services. In other words, If you have a savings card from this bank, as long as you set up automatic deduction, the bank will automatically deduct the payment when the credit card is about to expire. But the premise is that there must be money in the savings card. If the amount of funds in the card is too small and not enough to be deducted, it will be very troublesome when it becomes overdue.

2. Online bank transfer repayment

You can log in to your personal online banking or credit card website. With just a few clicks of the mouse, you can not only repay your own credit card, but also repay for others. Repayment. In addition, personal online banking also supports inter-bank repayment. This method needs to be operated on a relatively private computer. You need to recognize the website address every time you log in, and do not set a simple password. If the password is leaked, there is a risk that the account will be stolen.

3. Mobile banking repayment

Mobile banking repayment is currently the most popular credit card repayment method among young people. As long as you install the bank client on your mobile phone, you can repay it no matter where you are. You can easily repay anytime and anywhere at the touch of a finger. Since credit card repayment is a fund transfer business, for the safety of funds, you need to activate the advanced version of mobile banking.

It should be noted that mobile phones can be operated in various situations. You must pay attention to the protection of passwords and the safekeeping of mobile phones. Once your mobile phone is lost, you must immediately report the loss to the mobile operator and cancel the mobile banking service.

4. Alipay repayment

Alipay payment is already familiar to people who love online shopping. Many people have become accustomed to this convenient payment method and will also pay Alipay. The first choice for credit card repayments. In addition, Alipay promises that the repayment will arrive in the account within 2 hours, but three conditions must be met: first, the repayment must be made by mobile phone transfer, second, the repayment amount is less than RMB 50,000, and third, the transfer and repayment time must be within bank service hours.

5. WeChat repayment

Currently there are two ways to repay WeChat credit cards: jump to online banking, mobile banking to handle credit card repayments, or make repayments through the bank’s WeChat official account through WeChat. payment. It should be noted that WeChat can only repay credit cards directly through the bound debit card. In addition, there is no handling fee for using WeChat to repay, the single and daily limit are 20,000 yuan, and the monthly limit is 50,000 yuan.

6. Online repayment with credit card management APP

The advantage of using Kanniu credit card management APP for online repayment is that you can check the bill date and repayment due date with just one mobile software. , the total amount of repayment for the current period, the minimum repayment amount and other basic personal account information - repayment reminder - supports online repayment, which can be completed in just a few steps, without having to jump back and forth on the mobile phone interface, check the credit card arrears amount, and check the credit card balance every time the bill is When there are decimal points, you need to memorize them carefully, and then go to another software or platform to choose repayment.

7. Repayment at the counter or at an ATM machine

At present, very few people use this repayment method. It is generally used by older or more conservative people. . It should be noted that when an ATM machine uses another bank's debit card to transfer money to a credit card for repayment, the transfer amount shall be an integral multiple of 100. The single transaction limit is the same as the existing UnionPay ATM cash withdrawal transaction limit of the transferring bank, and the maximum daily limit shall not exceed 20,000 yuan, and the handling fee will be deducted from the transfer card.

8. Convenience store Lakala repayment

Lakala repayment is a convenient credit card repayment service. At present, Lakala convenience payment points have grown to nearly 90 cities across the country, with the number exceeding 30,000. They can be found in convenience stores, supermarkets, and community stores. There is a unified charging standard for credit card repayment using Lakala: currently only Bank of China (other regions across the country except Shenzhen), Agricultural Bank of China, Bank of Communications, Industrial and Commercial Bank of China, Bank of Beijing, and China Construction Bank (the bank's card repayments are free of charge) ) There is a handling fee of 2 yuan for credit card repayment, and there is no handling fee for other banks.

Instalment repayment is more favorable

If the funds are not available for a short period of time, you can also consider using installment repayment to repay the debt.

Although installment repayment does not accrue interest, you will have to pay a handling fee. The handling fee here is actually "interest" charged by the bank in disguise.

At present, most banks provide cash installment services in the form of 3, 6, 12, and 24 installments. Some banks also provide installments as short as 1 month and as long as 36 installments. . As for the handling fee rate, the situation of each bank is also different, but the overall difference is not big. Taking 12 periods (i.e. 1 year) as an example, it is basically between 7.8% and 9% annualized. Taking China Merchants Bank [-0.56% Fund Research Report] as an example, cardholders can apply for bill installments. The handling fee for three installments is 2.6%, the handling fee for six installments is 4.2%, and the handling fee for 12 installments is 7.2%. During the first repayment One-time charge.

How to repay a credit card loan 2

First, the advantages of credit card loans

How to get a credit card loan? What is the process? For such questions, it is also very important to understand the advantages of credit card loans. When using a credit card to apply for a loan, the approval speed is very fast. According to different regulations of different banks, it can basically be successfully processed in one to two working days. Moreover, the procedure is very simple. You can apply for a loan by phone or online. It greatly facilitates people's application process and effectively meets people's loan needs.

Second, credit card loan application process

1. Apply to the bank

In order to effectively obtain a credit card loan, the most direct way is to apply to the bank Valid application. However, due to bank regulations, when applying, it cannot be said to be a credit card loan, but should be called a cash installment application.

2. Provide valid information

When applying to the bank, customer service staff will ask the user some questions.

(1) It is the credit card, the user’s name and the 3-digit number on the back of the credit card, which is the CVV code.

(2) It is necessary to understand the purpose of the user's application for cash installment.

(3) To confirm the number of cash installments, the customer service will give a detailed introduction to the user, including the handling fee, which should also be understood through the explanation of the customer service staff, and then the user himself Choose the appropriate number of installments for repayment based on the actual situation.

3. Review required by the bank

When a user applies for cash installment, the bank will conduct an effective review of the user's application, including reviewing the user's personal information, such as whether Whether the personal information is accurate, etc., the user's loan limit must also be reviewed, which is closely related to the user's usual credit record and repayment status.

How to repay a credit card loan 3

1. What conditions are required for a credit card loan

1. Generally, banks will stipulate that you must have worked in the current unit for three months;

2. You must have no bad credit record and your monthly salary income must meet certain standards before you can apply;

3. If you have used a credit card, you can just go to the bank counter to apply, but The amount will not be very high;

4. The borrower's debt situation is good and he has the ability to repay;

5. He has a certain income and is stable, forming a stable bank flow.

2. What does a credit card loan mean?

Credit card loan means that the bank grants a certain amount of money based on the credit card holder’s credit status, and the card holder can use the credit card to make purchases. Credit card loan repayment methods are divided into two methods: one-time principal repayment and installment repayment.

The bank increases the installment limit of the credit card based on the credit card holder's credit status to meet the card holder's needs to purchase designated brand cars in installments at designated dealers. Cardholders only need to bear a certain handling fee to repay the car purchase amount in monthly installments, which is a new car loan model that fully reduces the repayment pressure.

How to apply for a credit card loan

1. Apply by phone. A credit card loan is actually a credit card cash overdraft. After applying to the bank, and after approval, the bank will transfer the funds to the debit card given by the cardholder and then you can use it. Call the relevant bank customer service and tell the bank customer service that you need a credit card to apply for a loan.

2. Go to the bank to apply. You need to provide credit card information, such as name, credit card loan purpose, etc., and wait for the bank to review your information. Whether the information provided is accurate, you need to confirm that it is you who is handling it.

Can I pay off my car loan with a credit card?

Yes.

Credit cards can be used to pay off car loans. But you cannot pay it back directly. Because mortgage and car loans are automatically deducted, they are bound to the savings card in my name, not to the credit card. So you can swipe the funds from your credit card and transfer them to the debit card for home loans and car loans to make repayments.

Credit cards are not debit cards, so they cannot be used as debit cards for home loans and car loans. And credit cards can only be used for purchases, not transfers. Therefore, you cannot transfer credit card funds to the debit card for home loans and car loans. Therefore, you can swipe the funds from the credit card, and then transfer them to the bank card for debiting the home loan and car loan. When the repayment date comes, the funds will be automatically debited.

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the prescribed credit limit. Credit cards are generally special carrier plastic cards with a length of 85.60 mm, a width of 53.98 mm, and a thickness of 1 mm. The name of the card issuer, validity period, number, cardholder name, etc. are printed on the front, and there are chips, magnetic strips, and signature strips on the back. Cardholders can use their credit cards to shop and spend money with special entities and deposit and withdraw cash from banks

The credit card generally refers to a credit card.

Starting from January 1, 2021, the credit card overdraft interest rate will be determined independently by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of credit card overdraft interest rates will be cancelled. The daily interest rate is 0.7 times 5/10,000).

The earliest credit card appeared at the end of the 19th century. In the 1880s, the British clothing industry developed so-called credit cards, and the tourism and business sectors followed suit. However, the cards at that time could only be used for short-term commercial credit, and the money still had to be paid as and when used. Long-term arrears were not allowed, and there was no credit limit.

Pre-depositing cash is not encouraged. Spend first and repay later. Enjoy an interest-free repayment period. You can repay in installments (with a minimum repayment amount). Join VISA, MasterCard, JCB and other international credit card organizations for global convenience. Universal.

It is one of the fastest growing financial services today and is an electronic currency that can replace traditional cash circulation to a certain extent.

How to repay a car loan with a credit card

Car owners can use their credit cards to repay at the mortgage bank's ATM, or they can bind their credit cards to bank cards to set up automatic repayments. Cardholders only need to bear a certain handling fee to repay the car purchase amount in monthly installments.

There are several points to note when repaying a car loan with a credit card: 1. Credit cards cannot pay for the down payment of the car; 2. There is a one-time handling fee for credit card car purchases, which needs to be paid off during the first repayment; 3. If the car buyer pays off the money in advance, the one-time handling fee will not be refunded.

At present, this method of loan car purchase is very popular among car buyers, but credit card repayment of car loan is very important to the credit status of the card holder. If the credit card customer is in poor condition, has overdue or arrears records, etc., this loan method will not be approved. You must hold a bank credit card for a certain period of time and have a certain credit limit.

For this kind of loan, the bank does not charge loan interest, but it has to pay a certain handling fee. The bank usually deducts the fee in one time. The amount of the handling fee is generally determined by the loan term and loan model. The handling fee charged for a one-year loan period is between 2% and 5.5%, and the handling fee for a two-year loan period is between 6.5% and 7%. Each major bank may be different, and car owners can go to the bank for consultation. (Pictures/texts/photographs: Wu Binbin) @2019

How to repay a car loan credit card

When repaying, just deposit the corresponding amount directly to the car loan credit card.

You can repay the credit card directly through the following methods:

1. Directly deposit into the credit card through bank ATM;

2. Bind credit card and bank card settings Automatic repayment;

3. ATM inter-bank transfer repayment;

4. Online bank transfer or inter-bank transfer repayment;

5. You can also pay through Transfer via WeChat Wallet or Alipay (inter-bank transfers are free of charge).

1. Car loans refer to loans granted by lenders to borrowers who apply to purchase a car. Auto consumption loans are a new type of loan that banks issue RMB-guaranteed loans to car buyers who purchase cars at authorized dealers. The interest rate of automobile consumer loans refers to the ratio of the loan amount to the principal amount issued by the bank to the consumer, that is, the borrower, for the purchase of a self-use car (non-profit family car or commercial vehicle). More than 7 seats (included). The higher the interest rate, the larger the consumer's repayments.

2. Loan conditions, valid identity document, full civil capacity; able to provide proof of fixed and detailed address; stable career and ability to repay loan principal and interest on time; good personal social credit; holding a loan The car purchase contract or agreement approved by the party concerned; other conditions stipulated by the cooperative organization. Original application materials, ID card, household register or other valid residence documents, and provide copies; proof of occupation and economic income, and personal account statement in the last 6 months; car purchase agreement, contract or letter of intent signed with the dealer; cooperation Other documents and materials required by the agency.

3. The lender first needs to prepare supporting materials such as ID card, residence permit, work permit, loan purpose certificate, etc., and go to a first-level bank to fill out the application form and contract. Then, wait for pre-loan qualification review and approval from the bank. If the borrower meets the loan conditions specified by the bank, the bank will notify the lender to fill in some loan forms and materials. If the loan applied for by the lender requires mortgage or guarantee, it is also necessary to sign a guarantee contract and mortgage contract and go through the mortgage registration procedures; if so, there is no need to sign such a contract. Second, banks provide loans to borrowers. Generally, banks will issue the loan after approval within 2-3 weeks or 1 month, and the fastest is one day. Finally, the borrower pays the down payment to the car dealer and goes through the car pickup procedures with the passbook and the car pickup order issued by the bank. In the process of applying for a personal car consumer loan, the applicant needs to provide a copy of the ID card, household register, marriage certificate, income certificate, bank statement, real estate certificate, etc.

WeChat: Version8.0.15

Alipay: 10.2.33

Can I pay off my car loan with a credit card?

Can I pay off my car loan with a credit card? When withdrawing money, the limit in the car loan credit card is a special limit and can only be used to pay for the car purchase. For example, if the car loan amount applied for by the user is 100,000 yuan, then after the special installment of the credit card is 100,000 yuan, the card can only be used to save money but not to withdraw money. If the user wants to withdraw cash with a credit card, please choose another credit card that does not handle car loan business.

In addition, when handling car loan business, credit cards cannot be used for consumption, and neither online nor offline payments are supported.

Generally speaking, car loan credit cards are exclusive cards. They can only be swiped at specific POS machines to pay for the vehicle you want to buy. They cannot be used for consumption elsewhere. After swiping the card, the cardholder needs to repay the debt in installments according to the number of installments. After paying off the debt, if the cardholder wants to use a credit card, he or she can apply for a credit card at the bank and use it.

Generally, to apply for a bank credit card, the applicant needs to meet the following conditions:

1. The applicant must be between 18 and 65 years old and hold a valid identity document. A natural person with full capacity for civil conduct.

2. The applicant’s personal credit record is good.

3. The applicant has a regular job and a stable income. If you have a car title, you can also provide relevant certification documents for the vehicle, which will help you obtain a higher credit limit.

The car loan credit card process is as follows:

1. The applicant submits the application materials for the car loan;

2. The handling bank processes the application materials submitted by the applicant. Preliminary review, conduct credit investigation and customer evaluation of the applicant;

3. Approval of loan applications that pass the preliminary review and credit investigation and meet the loan conditions;

4. Those who pass the review and approval, Notify the applicant to go through relevant procedures such as contract signing, loan lending, mortgage or pledge; if the application fails to pass the examination and approval, an explanation must be provided to the applicant; 5. After the application contract takes effect, the handling bank will issue the loan. A special lending method is adopted, that is, according to the loan contract, the handling bank directly transfers the loan to the account of the dealer where the borrower purchases the car.

Things to note during the application process:

1. The down payment for car purchases cannot be paid with credit cards;

2. The handling fee for car purchases with CCB credit cards must be paid in the first installment A one-time payment is made when repaying the loan;

3. If you want to repay the installment in advance, the handling fee is non-refundable;

4. Vehicles purchased with credit card installments must be fully insured. For car theft insurance and vehicle loss insurance, the insurance period is consistent with the installment period.

How is the repayment calculated when buying a car in installments with a credit card?

The user applies for a car loan from a bank. After being approved by the bank, the bank will send a credit card to the user. This credit card It is used to make monthly car loan payments. Banks generally do not accept car loans, but they do offer credit card installment car loans, that is, using the credit card limit to purchase a car in installments, so the credit card is used as a repayment bank card. This is a car purchase installment payment business handled through a credit card. You can also understand that it is roughly the same as a car loan. It means that a large amount of special installment payment will be approved on the credit card. You can not activate it and repay it directly to the card. The credit card card The bill date of each month will be stated on the letter. The repayment date of each month is the 20th day after the bill date. The repayment date of each month is fixed. When the first month's bill comes out, it should be Received a text message reminding you to repay.

In addition, users must return money to their credit cards on time every month. Unless there is a grace period for repayment, one day overdue will also be recorded on the credit report.

1. Procedures for applying for credit card car purchase installments

(1) Submit an application. After you are optimistic about the vehicle you want to buy, fill out the car loan application form and credit rating questionnaire, and submit them to the lending bank together with relevant proof of your personal situation.

(2) The bank conducts pre-loan investigation and approval. If the bank meets the loan conditions, it will promptly notify the borrower to fill in various forms.

(3) Notify the borrower to sign a loan contract, guarantee contract, mortgage contract, and handle mortgage registration and insurance procedures.

(4) The bank issues a loan (directly transferred from the bank to the car dealer's account).

(5) The borrower will hand over the down payment to the car dealer and go through the procedures for picking up the car with the passbook and the car delivery note issued by the bank.

2. Materials required for credit card car purchase installment payment:

1. First apply for a credit card;

2. Loan you to buy a car based on your credit record (that is, you need to activate the card after you get it) , then you need to use it for a period of time, swipe the card frequently, and then repay the money on time. Do not fail to repay the money after the due date. Have a good credit record);

3. Each bank cooperates with designated car dealers, which means that you only You can choose the car brand provided by the bank, and then after choosing the brand, you must choose the loan period (only 1 year, 2 years and 3 years) according to your own financial situation;

4. Then go directly to the bank branch to find it Account managers, they will help you handle everything, usually within 15 working days.

This ends the introduction on how to repay a car loan with a credit card and how to repay a car loan with a credit card. Did you find the information you need?