I am an employee of the credit union. Let me explain it to you in detail. Father Le Jia Card must have certain assets certificate, because Lejiaka carries out quarterly interest settlement, and the 20th at the end of each quarter is the automatic interest settlement date. The interest in the current quarter will be automatically deducted from the card when it expires. Of course, you can also clear the interest yourself at ordinary times. If the amount in the expired card is insufficient, it will directly affect your reputation and the use of Lejiaka in the later period. Of course, the loan officer who issued the card must be more anxious than you at this time.
As for the credit limit, it depends on your assets and the assets of the guarantor. Property mortgage is 70%, and deposit certificate mortgage is 90%. The maximum credit line is 200,000, which varies from association to association. Please consult your local association for details.
As for the processing time, if the amount is small, it can be done on the same day within the authority of the loan officer on duty. If the credit line is large, it needs to be reported to the business department of the Associated Press for approval. The reply period is one month, which can be completed within one week in general.