After the temporary credit card limit expires, it needs to be fully paid off.
There are restrictions on the repayment of the temporary credit card limit. You can't repay according to the minimum repayment amount, nor can you repay in installments, but you can only pay it off in full. Therefore, if the cardholder wants to use the temporary limit, he must evaluate his repayment ability, and don't be unable to repay after the expiration, which will lead to overdue.
The characteristic is that the credit line cannot be recycled, and only one period can be used temporarily. After the expiration, the line will be restored to the previous line, and the temporary line cannot be used. If the cardholder wants to continue to use the temporary limit, he needs to apply again.
Extended data
On the one hand, temporary credit line is conducive to the promotion of fixed credit line. In some banks, after using the temporary credit line and paying it off, the cardholder can apply to convert the temporary credit line into a fixed credit line, which is equivalent to withdrawing cash in disguise.
On the other hand, some banks may not be able to increase the temporary credit card limit by increasing the fixed limit. This is because there is a time interval for the increase of the fixed amount of credit cards. Some banks will take the opportunity to increase the temporary credit line, which is unfavorable to the promotion of fixed credit line.
When the cardholder applies for increasing the temporary credit limit, the issuing bank will make an inquiry on the cardholder's credit report and leave the inquiry record. Too many inquiry records are not conducive to applying for new cards or other loans.
The temporary quota will also be reflected in the credit report. If the temporary limit is too high, if it is rashly promoted and reflected in the detailed version of your credit report, your application for credit card, loan or credit card withdrawal in other banks in the short term will be affected to some extent.
Temporary quota requirements for installing music
Relatively speaking, the application requirements for the temporary quota of installment music are very relaxed. As long as the user can guarantee the repayment on time, there will be no overdue repayment, and the credit is good, so he can apply for the temporary quota of installment music.
After the user submits the application for temporary quota, the staged music system will review and evaluate it. If users pass the system audit and evaluation, they can get a temporary quota for staged music. When the user applies for a temporary line, the installment music system may prompt the user that "the loan line is used up today, and it is temporarily impossible to withdraw cash". If users see this prompt, they can only wait until tomorrow to try to apply for a temporary quota.
After users use the installment temporary quota to complete their consumption, they only need to repay according to the installment bill. It should be noted that after the user repays the loan, the temporary line used will not be automatically restored with the settlement of the arrears. If you want to use the new temporary quota, users must apply for the temporary quota again from the installation music system.
The temporary quota of installment music is limited by the validity period. After the expiration of the validity period, the temporary line can no longer be used. The validity period of the temporary quota for staged music is generally one month. If users want to apply for the temporary quota of installment music, it is best to bind ordinary credit cards to their accounts. In this way, the staged music system will be more easily applied by users.
Is it necessary to pay back the temporary quota of installment music when it expires?
The temporary quota for staged music expires and must be returned in full.
When the temporary quota of installment music expires, the borrower needs to repay it in full, because the temporary quota has a time limit and can only be used within the specified time. Once the temporary quota expires, not only can it not be used, but it also needs to be returned in full.
Staging music is a high-quality staging shopping center under Lexin. Founded in June 20 13, it is the pioneer of the domestic installment shopping e-commerce model. Always adhering to the brand concept of "enough is enough, happy to see it happen".
Staging Music Mall has established cooperation with many well-known brands such as Apple, Huawei, OPPO, vivo, L 'Oreal and Philips. , becoming the third largest Internet channel after JD.COM and Tmall. Staging Music Mall has also introduced e-commerce platforms such as JD.COM Mall, Xiaomi Youpin and Koala Haibu, and exported staging music service capabilities from many high-quality external platforms such as Xiang Yang Wharf and Mawei Cell. As of March 2020, the number of goods in installment music mall has exceeded 2 million.
August 20 13, Xiaoxi started staging music and obtained the initial investment of Xianfeng Huaxing.
20 13, 10, staged music mall officially put into operation.
20 14 March, installment music reached a strategic cooperation with JD.COM, the largest shopping center in China.
2065438+In March 2004, Staging Music received a million dollars investment from Jingwei China, and completed the A round of VC financing.
20/kloc-in April, 2004, stage music marketing centers in Beijing, Wuhan, Chongqing and Nanchang were established.
In May 20 14, the number of people serving staged music exceeded 654.38+10,000.
2065438+In June 2004, Shanghai, Xi and Nanjing Marketing Centers of Staging Music were established.
From 2065438 to September 2004, staged music supported many universities in nearly 100 cities across the country.
20 14, 12, staged music was led by DST, and Bertelsmann, Jingwei China, Huaxing Capital and Xianfeng Huaxing followed with a series B financing of USD 6,543.8 billion.
2065438+March 2005, Staging Music won the strategic investment of JD.COM Mall.
20 15 10, the monthly sales of installment music exceeded 2 billion.
20 15 12, and joined the "world without thieves Anti-information Fraud Alliance" in China by stages.
In 2065438+2006 10, 65438+2006, ABS was successfully issued by installment music with an initial amount of 200 million yuan.
2065438+In March 2006, Staging Music became the first governing unit of China Internet Finance Association.
April 20 16, staged music announced the strategy of opening the platform, serving white-collar workers.
2065438+In June 2006, Staging Music completed the first round of financing of $235 million.