How to calculate the installment fee for Guangfa Car Owner Credit Card?

All Guangfa Bank credit cards have the installment function, and this car owner card is no exception. Before making installments, you must first understand the card installment-related matters, such as handling fees, number of installments, installment amount, installment methods, etc. We will introduce them one by one below.

Compared with other credit card installments, the starting point of Guangfa Credit Card installment is relatively low. As long as the single-issue consumption exceeds 500 yuan, you can apply. It's just that you can only pay 90% of the current bill amount in installments, which is still okay.

In terms of the number of installments, there are only 6, 12, 18, and 24 installments to choose from, and the corresponding handling rates are relatively low for the longer 18th and 24th installments. High;

The following is an example of the 5,000 yuan installment of Guangfa Car Owners Credit Card. The installment amount is 4,500 yuan. Calculate the handling fee and principal and interest of each installment:

1. 6 installments: monthly Principal repayable: 4500÷6=750 yuan, monthly handling fee: 4500×yuan

2. Divided into 12 installments: monthly principal repayable: 4500÷12=375 yuan, monthly handling fee Fee: 4500×yuan

3. Divided into 18 installments: monthly principal payable: 4500÷18=250 yuan, monthly handling fee: 4500×yuan

4. 24 installments: Monthly principal payable: 4500÷24=yuan, monthly handling fee: 4500×yuan

Comments Generally speaking, the installment handling fee of Guangfa Bank is relatively high, but the installment fee of Guangfa car owner’s credit card The handling fee is charged monthly instead of charging the handling fee for the entire installment in the first month. This is still a big discount for cardholders who are ready to repay in advance.

Guangfa Car Owner Credit Card

(1% cash rebate or 5 times points when swiping the card to refuel; free roadside assistance service)

Instalment payment of 10,000 yuan with Guangfa Bank Credit Card , 12 months, how much is the handling fee? How much should I repay each month?

The handling fee is 840, and the monthly repayment is 903.33.

Instalment handling fee for Guangfa credit card bill:

Instalment handling fee = total installment amount Installment handling fee rate 12 = 840

Per installment handling fee = 840/ 12=70

The principal payable in each period = total installment amount/number of installments = 10000/12 = 833.33

The total amount of installments payable in each period = 833.33+70=903.33

Guangfa Credit Card Bill Installment Fees: Bill installments can be divided into 6, 12, 18, and 24 periods. The handling rates for each period of the corresponding periods are 0.70%, 0.70%, and 0.72 respectively. %, 0.72%.

Extended information:

Guangfa Bank credit card installment fee - shopping mall installment

You can choose a larger number of installments for the shopping mall installment of Guangfa Bank credit card, there are 3 installments , 6 issues, 12 issues, 18 issues, 24 issues, 30 issues, 36 issues, 48 ??issues, 60 issues. The number of issues that cardholders can apply for each time and the applicable handling rate will depend on the cooperation agreement between the bank and the mall. Subject to bank approval and final confirmation with the cardholder.

If charged on a monthly basis, the handling fee amortized per bill month = total installment principal x handling fee rate ÷ number of periods, the handling rate is equivalent to 0%-1% per period; such as once Charged on a regular basis, handling fee = total installment principal x handling fee rate (handling rate is equivalent to 0%-1% per period).

Guangfa Bank-Credit Card Installment

How to calculate the installment fee for Guangfa Bank’s credit card bill? How to collect?

Instalment business has now become one of the businesses that people often handle. People not only apply for installments when making purchases, but also when repaying. However, installments require handling fees. Different banks charge different fees. So, how to calculate the installment fee for Guangfa Bank’s credit card bill? How to collect it? Let me answer it for you today.

How to calculate the installment fee for Guangfa Bank’s credit card bill?

The handling fees for Guangfa Bank credit card bill installments will vary depending on the number of installments and the amount of the installments, and the handling rates corresponding to different number of installments are also different.

For example, Guangfa Bank’s credit card bill installments can be divided into 6, 12, 18 and 24 periods. The handling fees for 6 and 12 periods are the same as those for 18 and 24 periods. The rates are all and the handling fee for each installment = the total installment amount × the corresponding installment handling rate. For example, the installment amount I want to apply for is 10,000 yuan, divided into 12 installments, then the handling fee I should pay for each installment = 10,000 × yuan.

How to charge the installment fee for Guangfa Bank’s credit card bill?

1. You can choose to pay the handling fee in installments, calculate the handling fee for the current period based on the handling rate for each period, and pay it together with the principal repayable for the current period;

2. You can If you choose to pay the handling fee in one lump sum, the total handling fee can be calculated based on the handling rate corresponding to the number of installments x the number of installments. The total handling fee will be charged together with the first installment after the installment and the principal repayable in the current period.

The above is the answer to "How to calculate the installment fee for Guangfa Bank's credit card bill? How to collect it?" The installment handling fee for Guangfa Bank's credit card bill will vary according to the number of installments. The handling fee can be collected in installments or in one go.

How to calculate installment interest for Guangfa Bank credit card?

Based on the number of periods.

Detailed explanation:

1. The minimum consumption of GF is 500 yuan before the installment fee rate is: 3.6% for 6 periods, 7.2% for 12 periods, 16.8% for 24 periods

2. For example: if you spend 1,000 yuan by credit card, the handling fee will be 72 yuan in 12 installments (1000

Guangfa Bank Credit Card Application Conditions:

1. Any individual who has full capacity for civil conduct, has a legal and stable source of income and has good credit can present his/her valid identity document and relevant information Apply for a personal card from the card issuer.

2. There are basically no high requirements for applying for a Guangfa credit card. Basically, people with fixed jobs can apply successfully. In addition, Guangfa also supports card application in other places, and there are many successful ones.

Does anyone know how much the installment fee of Guangfa Credit Card is usually charged?

Guangfa Bank Credit Card Installment Fee Number of Installments 6 Periods 12 Periods 18 Periods 24 Periods Handling Rate for Each Period 0.70% 0.70% 0.72% 0.72% Guangfa Bank Card Sample Bank Interest-free Installment Payment Handling Fee Instructions : The installment period of Guangfa Credit Card Sample Bank is one month, and the charging ratio of each installment is calculated based on the application principal. Calculation method for the specific charging standard for installment payment: If the installment payment is repaid in advance, the unpaid handling fee for the remaining installments will be charged in one lump sum upon early repayment. The handling fee is 0.65%, the principal is 5,000 yuan, and the amount payable in each period of six months is: 50,000.65% + (5,000/6) = 865.83 The total repayment in six months is 5,194.98 yuan. The amount of repayment payable in each period of twelve months is: 50000.65% + (5000/12) = 449.17 The total repayment in twelve months is: 5390.04 yuan.

This ends the introduction on how to calculate the installment fee of Guangfa Credit Card and how to calculate the installment fee of Guangfa Credit Card. I wonder if you found the information you need?