1. Credit card loan is actually installment payment. There are five terms: 3, 6, 9, 12 and 24, and the handling fee rate is 0.60%. The handling fee is charged monthly in the current period.

2. A loan of 10,000 yuan, with one installment 12, and the handling fee * * *:10000 * 0.6% *12 = 720; The principal plus handling fee * * * is = 10000+720= 10720 yuan.

Credit card installment payment refers to the process that the bank pays the consumer funds of the goods (or services) purchased by the cardholder to the merchant in one lump sum when the cardholder uses the credit card to make a large amount of consumption, and then the cardholder repays the money to the bank in installments. According to the cardholder's application, the bank deducts the consumption funds by stages through the cardholder's credit card account, and the cardholder repays according to the monthly amount.

The main benefits of credit card installment payment:

1, enjoy first, then pay.

2, no guarantor, simple procedures.

3. Fixed time and easy payment.

4. Payment is optional, and monthly repayment amount is optional.

5. More space to choose payment methods.