The 36-phase loan of CITIC Dynamic Card Space can not only look at the handling fee, but also look at the demand. After all, the credit card can be regarded as a relatively long-term loan in 36 installments. Usually people who want to part for so long have one thing in common, that is, lack of money. They must know that the rate is extremely high before installment, but because they are in urgent need of capital turnover, when they can't find someone to borrow money, dividing the credit card into 36 installments is equivalent to a life-saving straw. Knowing that the handling fee is high, they will hold on to it. The credit card installment interest rate is about 0.45%~0.75%, which seems to be very low, but the monthly repayment amount is fixed, and the handling fee will not decrease with the repayment of the principal, so the actual annual interest rate is as high as 12%, and the three-year handling fee is at least 36%. If you want to repay in advance, you may have to pay off the remaining unpaid fees in one lump sum. Even if you don't have to pay, most banks will ask for a penalty of 3% of the unpaid principal. However, the early repayment of the loan is paid with the loan, and the interest is calculated on the repayment date. In contrast, credit card installment is a bit pitted.

Product disadvantages:

1. Credit cards can easily lead to excessive consumption. This is a common problem for people who are caught in card debt, and swiping the card does not hurt the banknotes, so the consumption of swiping the card is even more unrestrained.

2. The annual interest rate of credit card is as high as 18%, which belongs to usury and can make the borrower lose blood quickly.

3. Credit card debt brings mental stress. Some card slaves report that they are often afraid of opening mailboxes or emails.

4. If the credit is not good, the cost of borrowing money is higher, or even you can't borrow money.

5. Credit card provides a kind of choice to support debt by debt and quench thirst by drinking poison, which leads to debt out of control.

In addition, many "benefits" are actually hidden traps.

7. Short-term preferential interest rates are not worth the loss. A certain proportion of people will turn emergency financing into long-term debt. Therefore, don't be tempted by short-term low interest rates to make unnecessary loans.

8. Excessive personal credit limit is not only evidence of good credit (repayment record is), but also a risk in the eyes of financiers, which may push up the loan interest rate.

9. Gifts for feedback programs often accumulate dust in the garage. Instead of spending money on gifts, it is better to save money directly and be more affordable.