Shenzhen Fei Da Financial Installment Mobile Phone, 300 yuan on 26th of each month, has paid 5 installments, and prepayment is not a breach of contract. However, the handling fee for the remaining installment months must be paid.

1. The buyer and the seller sign a contract at the time of transaction, and the buyer pays the goods and services to the seller in installments within a certain period of time. The date and amount of each payment are stated in the contract in advance.

2. The handling fee rate of installment payment is generally around 0.7%- 1% of credit card consumption. By swiping the handling fee rate and consumption amount corresponding to the credit card, the corresponding installment handling fee can be calculated. However, there are many kinds of credit cards on the market at present. Banks such as Bank of China, Bank of Communications, China Construction Bank and Shenzhen Development Bank have all launched their own credit cards, and even the same bank has launched a variety of credit cards.