The common repayment methods of China Merchants Bank loans are: equal principal and equal repayment (principal and interest). If the loan term is less than 1 year (inclusive), monthly repayment of principal and interest can also be adopted.
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The specific loan method you apply for needs to be negotiated and determined by the handling agency in combination with your actual needs, repayment ability, credit history and other comprehensive conditions. You can contact the handling bank directly to confirm!
2. What are the credit card loans of China Merchants Bank? Understand the seven products!
The well-known products of China Merchants Bank include e-loan, car installment, regular installment shopping and cash advance. What card loan products have China Merchants Bank arranged for credit card loans? If the cardholder has a loan demand, you may wish to see if the following loan products are suitable.
Loan product 1: electronic loan
E-loan is a cash credit business provided by China Merchants Bank Credit Card Center for eligible cardholders, but it can be repaid in installments, and the product can get cash without transfer.
Loan product 2: installment shopping
No, wedding dresses, education and other large-scale consumption can be paid by credit card in installments. At the same time, businesses that cooperate in online shopping by stages include Suning and Gome.
Loan product 3: Platinum installment card
When the total credit limit of Platinum Installment Card reaches 300 yuan or 2000 yuan, it will be automatically phased and enjoy the exclusive preferential rate of Platinum Installment Card.
Loan product 4: cash in advance
Through this function, cardholders can obtain funds by cash withdrawal or overdraft transfer. The minimum charge for each cash advance is RMB 10 yuan.
Loan Product 5: Revolving Credit
In the monthly repayment of the current credit card bill, you can completely repay it yourself. For example, the amount you repay is equal to or higher than the minimum remaining deferred repayment amount, which is the revolving credit balance.
Loan product 6: bill installment
The Credit Card Center of China Merchants Bank has the financial function of repaying transactions provided by eligible cardholders in installments, including installment repayment of transactions. The minimum amount of each application for installment payment of RMB bills shall not be lower than that of 300 yuan.
Loan Product 7: Car Installment Payment
Car installment is a credit card car loan business of China Merchants Bank, and it has applied for car installment business. The car payment is 30% (partial%) of the net car price, and an additional handling fee is required for car installment.
The above seven products are all credit from China Merchants Bank. Some products require the type of credit card. Therefore, if you want to handle the corresponding business, it is best to consult clearly first, and at the same time handle the personal credit record of China Merchants Bank credit card.
Introduction to popular reading:
What is the credit card loan amount of China Merchants Bank? You can buy a car at the highest amount.
What is the interest rate of credit card installment loan of China Merchants Bank? The minimum handling fee is 0.75%. 3. What are the credit card loans of China Merchants Bank?
Credit card loans of China Merchants Bank include e-loan, installment shopping, platinum installment card, cash advance, bill installment and so on. Every loan has its distinctive characteristics.
When buying household appliances, digital products, department stores, fitness, wedding dresses, education and other large-scale consumption, you can use China Merchants Credit Card to pay by installments, which reduces the consumption pressure of cardholders. Pre-borrowing cash means that China Merchants Credit Card can withdraw cash by cash withdrawal or overdraft transfer, which can solve the problem of non-turnover of funds for cardholders and alleviate their economic pressure.
Among them, e-loan is the most popular loan for customers, and e-loan is a cash credit business provided by China Merchants Bank Credit Card Center for eligible cardholders, without mortgage or guarantee. After the application is successful, the approved funds will be transferred to the debit card in the cardholder's own name.
E. There is an independent bill for the loan, and the date of the bill is the same as that of the personal card. The interest generated in each billing cycle will be summarized and included in the circulating interest of the current bill, and will be repaid to the e-loan account separately.
I would like to remind you that no matter what kind of credit card loan the borrower uses from China Merchants Bank, he must repay it on time. Otherwise, the cardholder's overdue behavior will be reported by China Merchants Bank to the central bank for credit investigation, which will cause credit stain and bring adverse effects to the borrower.