How much can China Merchants Bank borrow from E?

China Merchants Bank can borrow 20,000 to 300,000 from E-loan. How much credit line can be obtained depends on the cardholder's own conditions. It will decide whether to open an e-loan account, account credit limit and overdraft interest rate according to the credit status of the customer at the time of application. It should also be noted that banks will review users' qualifications from time to time and adjust the e-loan amount at any time according to users' qualifications.

The function of electronic loan

E-loan of China Merchants Bank is a short-term cash credit business with daily interest for eligible credit card holders. After the application is successful, the money will be transferred to the valid one-card account opened by the cardholder in China Merchants Bank or the debit card of other banks supported by China Merchants Bank, and the account opening certificate must be the same as our credit card.

This money can not be used for investment, such as house purchase, stock and futures investment, but can only be used for consumption, such as decoration, home appliances, car purchase, student aid, tourism and medical care. E. There is an independent bill for the loan, and the date of the bill is the same as that of the personal credit 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.

China Merchants Bank's e-loan will affect credit reporting. As a bank loan product, China Merchants Bank will check the lender's credit information when the lender applies for e-loan. If the lender fails to repay the loan on time after applying for e-loan, the overdue record will also be recorded in the credit information. Lenders need to have sufficient repayment ability when applying for e-loan, and ensure that there is no overdue record in the credit information system.