Yes, but it should be noted that you should try not to apply for early repayment after credit card installment. The reason is that many banks still charge handling fees or late fees for users who repay early.

Except for Industrial and Commercial Bank of China, most banks stipulate that if the cardholder repays the loan early, he must pay all the remaining principal and handling fees in one lump sum.

Industrial and Commercial Bank of China stipulates that if the credit card installment handling fee is collected according to the "installment collection" model, if the full amount is repaid in advance, the remaining handling fee will not be charged. If a partial early repayment is handled, N installments will be repaid in advance. , N installment handling fees will be charged less; if the installment repayment handling fee is charged according to the "first installment collection" mode, the handling fee will not be refunded if early repayment is processed.

In addition, many banks such as China Construction Bank, Agricultural Bank of China, China Merchants Bank, and Guangfa Bank have stipulated that early repayment of credit card installments will still charge handling fees. According to the customer service staff of Agricultural Bank of China, credit card installments can be repaid in advance.

You need to apply for early termination of bill installment. The application time is from the day the installment application is successful to before the second-to-last installment bill is generated. Early repayment is divided into partial amount early repayment and full amount early repayment. If part of the amount is repaid early, the repayment amount must be an integral multiple of the principal of each installment, and the amount will be automatically reduced after application;

< p>If the entire amount is repaid in advance, the repayment amount will be the entire undue installment principal, and the installment will automatically end after the application is successful. After the early repayment application is successful, the cardholder must repay the early repayment amount and the installment fee corresponding to the number of early repayment periods in one go. The installment fee that has been accounted for will not be refunded.

The "Long Card Credit Card Bill Installment Business Terms" published by China Construction Bank on its official website shows that the cardholder has successfully handled the bill installment. If he applies for early repayment, the cardholder will terminate the payment after confirmation by China Construction Bank. For installment business, the installment handling fee collected will not be refunded; at the same time, the cardholder must pay all remaining principal and handling fees in one lump sum.

In addition, it is worth noting that if you use bill installment, if a return occurs, you will still need to pay the installment fee. For example, China Construction Bank and China Merchants Bank stipulate that when consumer transactions in bills that have been issued are returned (including full returns and partial returns), the bill installment business that has been successfully processed will not be affected, and the cardholder should continue to repay in accordance with the terms of this agreement. Make the payment and pay the handling fee.

Extended information:

Credit card installment payment means that when the cardholder uses a credit card to make large purchases, the bank pays the merchant a one-time payment for the goods (or services) purchased by the cardholder. ) consumption funds, and then allow the cardholder to repay the bank in installments and pay handling fees. The bank will deduct consumption funds and handling fees from the cardholder's credit card account in installments based on the cardholder's application, and the cardholder will repay according to the monthly credit amount.

Reference: Baidu Encyclopedia_Credit Card Installment