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How to pay by installments? Several ways of credit card installment

Now young people's consumption has been stunned. Credit card has always been the most popular consumption mode of young people nowadays. In particular, the business of credit card is not only popular with young people, but also welcomed by businesses. Credit card always has an unshakable position. In fact, some people may not fully understand the credit card installment, so how does the credit card installment repayment? Several credit card installment ways to understand.

In fact, after using the credit card, there are three ways to choose installment payment:

Cash installment

This method of installment repayment is to change the credit card into a form that can use the cash limit, and then carry out the installment repayment service in the bank. The method of cash installment is mainly applicable to those who need cash urgently. Many people want to know which is more cost-effective than cash withdrawal? Cash installment repayment is actually more cost-effective, because cash withdrawal banks will charge handling fees and interest from it, and many banks have not charged handling fees for cash installment repayment, in fact, it is more cost-effective than the interest generated by credit card installment, in fact, the process of using credit card It's not so good to often take advantage of it.

Bill installment

This kind of installment payment is to pay the total consumption amount of this period of time in installments after the bill comes out. Consumers don't have any pressure and hesitation when they buy. When the bill comes out, they will be fooled to see the figures. Some people often choose to pay the bill in installments, in this way to relieve the pressure on the economy.

Consumption stages

In fact, this way of repayment is to make several installments for one or several consumption occurred on the bill, and the installments can be chosen from hundreds to thousands or even tens of thousands. If you choose this method, you can carry out the consumption installment operation within the first ten days of these payment dates. Some banks will send the SMS after the consumption installment to your mobile phone. You only need to carry out the normal operation according to the SMS. So now consumers want to buy famous brand bags or expensive goods are not much problem.

No matter what method is chosen, the installment of credit card repayment needs to pay interest or service charge. Moreover, the bank has regulations. Once the installment is chosen successfully, if the repayment is made in advance, it will be paid off together with the outstanding service charge. Therefore, we must carefully consider when we choose to pay in installments.

Although the use of credit card can provide certain convenience for life, installment repayment can also reduce part of the economic burden, but we need to master our own economic situation in a reasonable consumption and choice of installment. To be able to control your life anytime, anywhere, do not be a smart hero when you brush your credit. When you pay back, you will become a 'bloodied bear'.