The loan of 20,000 yuan will be repaid in 24 installments. If the annual interest rate is 6. 15%, the total interest is 1306.35 yuan and the monthly interest is 887.76 yuan. Guangfa Bank can apply for 24 credit card purchases, and the handling fee rate for each of the 24 issues is 0.72%. Guangfa Credit Card can be divided into 24 periods. China Guangfa Bank has four phases: six, 12, 18 and 24. The installment function can only be used for single consumption within 500 yuan.

First, the conditions needed to get a bank loan:

1. 18-65 citizens with China nationality (excluding Hong Kong, Macao and Taiwan residents).

2. Work and live locally

3. The current company officially entered.

4, white households can operate and must pay more than 3000 yuan (social security and provident fund must be the same).

5. Punch salary every month

6. Signature)

Second, go to the bank for a loan.

1. First, you must have a valid personal identity document, provide a household registration book, and have full civil capacity;

2. If you have a stable job and a good income, you need to submit a running proof of your recent salary card;

3. Unmarried persons submit unmarried certificates, and married persons submit relevant materials of spouses and family members;

4. Have a fixed account in the bank applying for the loan;

5. Other requirements of lending institutions.

Third, the process of going to the bank for a loan: _

1. Submit an application to a local bank or lending institution;

2. Prepare loans;

3. Face-to-face signing of banks or lending institutions;

4. The bank examines the qualifications of the lender;

5. Approved and successful loans

4. Advantages of installment payment:

1, installment payment, in the case of insufficient funds, consumption in advance, complete self.

2, installment payment, the procedure is very simple and fast, and no third-party guarantee is needed.

3, installment payment, the date and amount of each payment are very fixed, fixed time, bill details can know the details.

4, installment payment, you can arrange your own economic control reasonably, so as to be aware of it and repay it step by step.

Installment payment can improve the real credit of banks.

Disadvantages of verb (abbreviation of verb) installment payment:

1, installment payment, more than the interest for a long time.

2. there is a handling fee for installment payment, and the handling fee will be deducted for early repayment. The longer the installment time, the more the handling fee will be.

3, installment payment, overdue will produce late fees and more interest.

4. Branches will be blacklisted and have an impact on themselves.

5, installment payment, people will have repayment pressure, and stable economic income is more important.

I borrowed 2W from Guangfa Credit Card and paid it back in 24 installments. Interestingly,

Guangfa credit card loan is 20,000 yuan, which will be repaid in 24 installments. If the annual interest rate is 6. 15%, the total interest is 1306.35 yuan and the monthly interest is 887.76 yuan. Guangfa Bank can apply for 24 credit card purchases, and the handling fee rate for each of the 24 issues is 0.72%. Guangfa Credit Card can be divided into 24 periods. China Guangfa Bank has four phases: six, 12, 18 and 24. The handling fee is charged on a monthly basis, and the installment function can only be used for single consumption of 500 yuan. Credit card loan means that the bank gives a certain amount according to the credit status of the credit card holder, and the cardholder can use the credit card for credit card consumption. Credit card loan repayment methods are divided into one-time repayment and installment repayment. Credit card installment payment refers to the process that when the cardholder uses the credit card to make a large amount of consumption, the bank pays the consumer funds of the goods (or services) purchased by the cardholder to the merchant in one lump sum, and then the cardholder repays the money to the bank in installments and pays the handling fee. According to the cardholder's application, the bank deducts the consumption funds and handling fees by stages through the cardholder's credit card account, and the cardholder repays according to the monthly recorded amount. From the form of installment payment, the cardholder has a limit on the initial amount of a single transaction, and the level of installment payment and the standard of handling fee are also different. It can be roughly divided into three categories: 1, which is carried out by banks in cooperation with special merchants, but the types of products are limited; 2. It is a catalogue of goods provided by the bank, which is purchased by the cardholder, and then the bank entrusts the supplier to deliver the goods to the customer; 3. Merchants and commodities are not limited. Cardholders can apply for installment repayment from banks after shopping, and some banks even set the acceptance scope to the whole world. The starting point of the settlement amount is the minimum amount of each settlement voucher stipulated by the bank when handling the transfer settlement. The purpose of setting the starting point of settlement amount by banks is to focus on settlement supervision of large transaction prices. Because the transfer of small settlement funds through banks will increase the unnecessary business volume of banks, banks should set a suitable starting point for various settlement methods; The starting point should change with the development of commodity economy and the adjustment of prices. The starting point of the settlement amount of the national general settlement method in different places shall be formulated by the People's Bank of China; The starting point of settlement in the same city and county shall be formulated by the branches of all provinces, municipalities and autonomous regions.

I borrowed 2W from Guangfa Credit Card and paid it back in 24 installments. Interestingly,

Hello, I can't give you accurate data, because I don't know how much interest Guangfa Bank will give you every month. Calculated by the general monthly interest rate of 0.75%, the monthly interest is 200,000.75% =150 yuan, the monthly principal is 20,000/24 = 833.3 yuan, and the monthly repayment is150,833.3 yuan, with a total repayment of 983.324 = 23,600 yuan.

4. How much interest does Guangfa Credit Card charge for 20,000 yuan for three years?

Guangfa Bank applied for 24 installments of 20,000 yuan by credit card, and the handling fee rate of each installment was 0.65%.

Monthly payment: the handling fee is 20000X0.65%, and the principal is 20000/24 =130833.33 = 963.33 yuan.