If during the activity of 50% discount on the handling fee of China Merchants Bank, users happen to have the demand of staging, then they can both stage and enjoy preferential treatment. At this time, installment payment is a good choice. However, users do not have the idea of staging and have enough repayment ability to repay in full. Even if the handling fee is 50% off, don't try staging. After all, a 50% discount is extra.

Therefore, whether the 50% discount of China Merchants Bank's handling fee should be phased mainly depends on the user's own repayment ability. When there is not enough repayment ability, you can choose installment.

Installment refers to paying off debts in several times in a transaction. Installment can be divided into interest-bearing installment and interest-free installment. Interest-bearing installments generally pay interest first, and then the principal. Usually, the total payment is much higher than the actual transaction price, and interest-free installment is not counted as interest. Usually, merchants or banks promote sales and stimulate consumers' consumption behavior through interest-free installment payment. Interest-bearing installment payment, early repayment may be subject to a fine.

Installment payment means that after the import and export contract is signed, the importer pays a small part of the payment to the exporter as a down payment, and most of the rest is paid in installments after part or all of the products are produced and shipped, or after the goods are installed, debugged, invested and guaranteed.

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.

The advantage of installment payment is that it doesn't need to pay all the money. You can hand in part first and the rest separately. It can reduce the economic pressure. The disadvantage is that there is interest on installment payment. Although the interest is not very high, it will cost hundreds of dollars more than the full amount. Now many commodities are using installment payment to relieve pressure.

Installment interest = total commodity price * installment interest rate * number of installments. The total price of goods is fixed, and the interest rate of installment increases with the increase of installment times. For example, the number of phases of CCB is 3, 6, 12, 18 and 24, and the handling fee rates are 2.60%, 4.20%, 7.20%, 1 1% and 15% respectively.