What is the difference between the financial circulation quota and the special quota? Compare it!

Zhaolian Finance is a well-known loan platform in the industry. There are many credit products under it. For different purposes, there are turnover lines and dedicated lines for users to choose from. What's the difference between them? Let's compare it.

1. What do you mean by revolving line and special line?

1, rotation line

This is easy to understand. As long as it is within the validity period and within the maximum amount given by Zhaolian Finance, you can freely use the quota repeatedly.

Validity: 3 years

Features: Restore the line immediately after repayment.

Products: Good Term Loan, Employee Loan, Alipay Good Term Loan Life Number, White Collar Loan, China Merchants Bank Mobile Banking, Meituan Products, Card Niu Credit Loan, etc.

For example, Xiao Wang received a credit line with a good term of 20,000 yuan. During the three-year validity period, he can apply for a loan many times, and pay it back together or in advance.

2. Exclusive quota

This is a special quota for individual merchants. Zhaolian Finance cooperates with third-party merchants (such as China Southern Airlines, China Telecom, China Unicom, Lenovo, Tubatu and Midland). ). After obtaining the quota, users can spend money in these merchants and support installment repayment.

2. What's the difference between revolving line and special line?

1 has different uses. The revolving line can be withdrawn to the bank card to meet its own needs, while the special line can only be used by designated merchants.

2. Credit line. General special quota will be higher than consumption quota.

3. The validity period is different. Revolving quotas are valid for up to 3 years, while special quotas are valid for only 3 months. After the quota expires, it needs to be reapplied.

4. quota recovery. After repayment, the revolving line can be restored; The special quota is one-off.

5. Share quotas. The two lines add up and share one line.