Can I buy a credit card for a down payment? Originally bought a house and it

Nowadays, credit cards have become popular, and the concept of early consumption is becoming more and more common. Excessive housing prices have led some people to the idea of ​​paying credit cards for down payment. The down payment for buying a house can be paid by credit card? If you need to pay attention to what problems? The following small series introduces the feasibility of buying a house credit card and the precautions for swiping a credit card.

Is it feasible to buy a house with a credit card for a down payment?

feasible. Credit cards can be used to pay for a house, and it is not illegal; credit card payment can be said to be very convenient, eliminating the hassle of applying for a loan from a bank or borrowing money from others and institutions.

In fact, the money in the credit card is a credit fund given to you by the bank. The so-called "no need to use it", as long as you use the credit card during the interest-free period, then the credit card overdraft can enjoy the zero interest discount, which provides the cardholder with A certain buffer period.

In addition, in addition to a few banks to set a credit limit for the consumption of real estate, most banks' credit cards can be used to pay down payment, but some problems still need to be noted.

Precautions when paying a credit card for down payment

1. Pay by credit card for the first payment of the house. Since the initial payment for the house is generally large, it will take more credit cards to accumulate the card to meet the payment requirements. Then, if you want to pay for the first payment by credit card, you need to hold multiple credit cards in your hand.

2. If the credit card itself is not enough, you can apply for adjustment of the temporary quota. The range of the credit card temporary adjustment of each bank is different. Some banks can adjust the amount according to the 100% standard, while others can only increase the 80%. After applying for a temporary quota, the cardholder will pay the down payment, and the cardholder will be required to pay off the temporary amount in a lump sum before the current repayment date.

3, pay by credit card to buy a house first payment Once a refund occurs, the refund will take a long time. Therefore, pay attention to the distance between the credit card swipe date and the expiration date, and do not overdue due to the long refund period, which affects personal credit.

4, credit card swiping in a timely and full repayment, cardholders according to their repayment ability to credit card, do not excessively consume in advance, so as not to repay in time, resulting in credit card overdue, to bear interest, late fees, and even affect personal credit records.

5, pay by credit card to buy a house, the first payment is no points, such consumer transactions can not accumulate credit card points.

6, real estate card POS machine is generally a silver Union channel, so you can only use UnionPay card, single currency foreign currency card can not be brushed.

In short, the down payment can be paid by credit card, but the buyer must use it properly. If the late credit card arrears are not enough, the last one will be miserable.