According to the above description, the interest rate of each installment is 2%, so the total interest of the three installments is 6%. Take 200 yuan as an example, the first repayment needs to pay 207 yuan, the second repayment needs to pay 2 14. 14 yuan and the third repayment needs to pay 22 1.53 yuan. If you are in Tik Tok? Monthly installment payment is used on the website, which requires an additional 6% fee.

To sum up, the monthly interest paid by Tik Tok in three installments is 6%, which needs our attention on time to avoid extra expenses.