Moreover, when you consume in installments, you should fully understand the details and contents involved in installments, especially how much interest you need to pay. In addition, a reliable platform is also very important, which can largely avoid risks and reduce economic losses. Although bank credit card installment generally only has a handling fee and no other interest, there is one data that cannot be ignored: the handling fee for installment payment is higher than the bank loan interest rate. Take 12 as an example, even the four major state-owned banks with relatively low installment fees are 6.5% ~ 7. 2%, the installment fee of some commercial banks is even close to 9%, while the current benchmark interest rate for one-year bank loans is only 6.56%.
In addition, companies usually settle interest and pay interest quarterly, and the amount of interest paid each quarter is different, because banks calculate interest on a daily basis, including 90 days, 9/kloc-0 days and 92 days. Specifically, the bank will calculate the interest of March, June, September and 20th of 65438+February according to the number of days in the quarter, and deduct the interest from your company's deposit account on 20th of June, June, September and February. Interest is paid every three months, that is, March and September 65438+ February 20th of each month. The final repayment of the principal leads to overdue, bad credit, and malicious non-repayment will bear legal responsibility. I'll take the house. ) Be sure to repay the loan on time.