What is the best way to use money now?

If you need to apply for a small cash loan, China Merchants Bank has a flash loan business, which can be applied for through mobile banking or check whether you are eligible to apply.

1. After the flash loan is disbursed, cash will be issued in the designated account, and the funds can only be used for normal bulk consumption and transfer, and cannot be invested, flowed into **, real estate and other directions.

2. If you have a CMB savings card, you can log in to the mobile banking and click "My All Borrow Money Flash Loan" to apply for a flash loan. Your specific quota will be approved according to your business situation in China Merchants Bank, and you can view it if your application is successful.

3. The provisions of the amount of flash loans are different for different types, and the maximum credit line of the general loan is not more than 200,000 yuan, which is subject to the display on the loan page. The minimum withdrawal amount for a single withdrawal is 1,000 and the maximum amount is not exceeded, and it must be an integer multiple of 1,000.

4. There are two types of loans that can be applied for within the flash loan limit:

1) 15 minutes loan disbursement will be automatically approved within 5-10 minutes, and the loan will be disbursed immediately after approval, and the result will be notified by SMS.

2) Loan disbursement on T+1 day, there will be a call from the electric core ** to verify within T+1 day, and arrange the loan after confirming the information. If you do not answer the contact 3 times, the application will fail and you will need to apply again.

When the amount of flash loan is established, there will be a check record on the credit report. If you only successfully establish a quota but do not withdraw money: there will be no quota record in the credit report; For each subsequent withdrawal, there will be a loan record in the credit report.

How much money to borrow, if you behave well in front of your friends, you can borrow it, who is not in trouble to say the date of return, when the time comes, you can invite them to a meal to express your gratitude.

Don't cheat money, you'll lose a lot of things.

Ways to use money urgently: ask relatives and friends, try private loans, credit card cash withdrawals, mortgages, etc.

First, ask for help from relatives and friends

Try to explain why you need money urgently, if it is your relatives or good friends, they will definitely not watch you need money urgently and ignore you.

However, it is best to make it clear when borrowing, where to use it, when to repay the money, if you can't pay it off all at once, negotiate with a friend to repay it in installments or give you a period of time to repay.

The second is to try private loans

This kind of loan method generally does not look at your credit, and some will also use the credit record as a reference, so it is also a way for people who are in urgent need of money.

In fact, no, there is a range of interest on loans, and loans within this range are legal.

Just like now, the state stipulates that as long as the loan interest rate does not exceed 24%, no matter the person who borrowed the money is in **, the state will require you to repay the money, which is also called compulsory enforcement.

If the loan interest rate is between 24% and 36%, this part belongs to the area of self-negotiation, that is, the two of us have made an agreement privately, today you lend me 50,000 yuan, and the interest rate is 30%, but one day I feel that the interest rate is too high, and I don't want to pay back the excess part, and it is useless for you to sue me, and the court will not support it.

If the annual interest rate of the loan exceeds 36%, it is a usury and is not protected by law, so when trying to borrow from the private sector, we must be clear about the demarcation of the interest rate, and we must not borrow usury if it is not clear.

The third type: credit card cash withdrawal

If you have a credit card, you can withdraw the credit card limit, but you need to pay a certain handling fee.

If you withdraw cash this month, then this bill will be included in the bill that needs to be repaid next month, remember to pay it off in time, otherwise the credit card is overdue, and it will be difficult to withdraw cash next time.

Fourth: Mortgages

If we have a car, a house or a mortgage, we can send it to a local pawn shop to exchange for money, and we pay attention to the pawn shop's qualifications when pawning.

When you need money urgently, you can go to the bank to apply for a loan, you can also contact relatives and friends to borrow money, and you can also sell the property in your name. When you need money urgently, it is common to go to the bank to apply for a personal loan, and the bank will process the loan for the borrower with good personal credit.

Personal loans are divided into personal business loans, personal entrusted loans, personal consumption loans, personal study abroad loans, etc. Users can choose the corresponding loan according to their own situation.

Conditions for personal consumption loans:

1. Natural persons who have reached the age of 18 and have full capacity for civil conduct.

2. Citizens of the People's Republic of China, including residents of Hong Kong, Macao and Taiwan who have worked in the territory of the People's Republic of China for one year or more, hold valid identity documents that meet the regulatory requirements and have a fixed residence in China, and residents of Hong Kong, Macao and Taiwan shall own their own real estate in the place where the loan is applied.

3. Have a sustained and stable income**, have the ability to repay the principal and interest of the loan on time and the willingness to repay.

4. Have a good credit status and have no bad credit records in the personal credit reporting system of the People's Bank of China.

5. If you apply for a personal mortgage consumer loan, you should also provide a collateral approved by the bank as a guarantee for the loan.

6. Before applying for a personal consumption loan, you need to open a deposit account in a bank.

7. Other conditions stipulated by laws and regulations, regulatory agencies and handling agencies.