The minimum repayment will not affect the credit history of the cardholder, nor will it charge the cardholder a late fee. However, from the date of swiping the card, the penalty interest of 0.5% per day will be charged for all the funds spent by swiping the card, and the compound interest will be the day before repayment.

Repayment by installment will not generate interest, but you have to pay a handling fee, which varies according to the installment time. Under normal circumstances, we will recommend installment payment, which is more cost-effective.

In view of this dilemma, make a comparison. By comparing the numerical values, we can intuitively understand:

Comparison of repayment amount: the minimum repayment amount is only110 of this month's repayment amount, namely 1000 and 100, which is low. Repayment by installments, 3 months 1000 points, naturally more than 300 per month. That's it.

Comparison of repayment cycle: the minimum repayment amount, and the remaining repayment date is before the bill date of next month. Add some interest and pay it all off. Installment is a fixed monthly repayment, plus a little handling fee, without interest. But it has the characteristics of long period.

Interest comparison: the interest on the minimum repayment amount is the total repayment amount. According to the daily interest rate of 5/ 10000, the interest can be repaid with the minimum amount in short-term, long-term and one year, and the interest generated is amazing. For installment payment, interest is the monthly handling fee. If there is more money, it may not be paid for a month, and the handling fee is still not high. For example: 1000 yuan, the minimum repayment amount, 20 interest next month, and 12 expenses in installments. But if it takes three months, 12*3=36. You decided to hand in this 36 from the day you did it. Even if it's in the middle, it's only in the last few months.

Summary: So through summary, if you want to delay for one month and the amount is not very large, you can make the lowest amount. If it is too late to repay the loan before next month's bill date, it can be staged, which will take a long period and reduce the pressure.

Remarks: Be sure to grasp the repayment date.