What are the requirements for a Guangfa Bank credit card loan?

Guangfa Bank loan application conditions

1. Applicants must be between 25 and 55 years old.

2. Applicants must have social security or provident fund or individual tax payment records for more than three months.

3. The loan applicant has a fixed job and stable economic income.

4. The applicant agrees to other regulations of China Guangfa Bank.

Extended information:

Materials and certificates required when applying

1. Domestic residents only need to provide a completed and signed application form, identity Certification documents, proof of residence, documents proving income.

2. Foreigners and people from Hong Kong, Macao and Taiwan also need to provide a foreigner’s residence permit (the reason for residence must be employment) or an employment permit for foreigners/Hong Kong, Macao and Taiwan.

3. If you are a private owner, in addition to the above information, you must also provide a copy of the industrial and commercial business license showing the applicant’s name, company name and date of business commencement.

4. If you want to apply for a credit card with a relatively large limit, you need to provide proof of good financial strength, such as: a copy of the real estate certificate, a copy of the car driving license, a bank loan account (with good credit, and the overdue amount shall not exceed 60 days) or a copy of the deposit receipt, etc.

Can I get a loan with a Guangfa Bank credit card?

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:

1. Applicants have age restrictions and 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. You must 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 the 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 transaction 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). It is issued by the bank or credit card company according to the user's creditworthiness and financial resources. Issued to the cardholder, the cardholder does not need to pay cash when using the credit card, and will pay back on the 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, an American credit expert in Manhattan, went to a restaurant for dinner. 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 a designated restaurant. You can record your purchases at 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, and some banks are 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.