There are differences between installment plan and credit card in the following aspects:

1. Independent credit line: installment plan is independent from credit card, so it is not available;

2. The application scope is different: installment pass can only be swiped at designated merchants, and it is not possible to transfer money or withdraw cash, while credit cards can be used for online and offline consumption and cash withdrawal;

3. The installment method is different: installment is automatic, and it only needs to reach the consumption limit, while credit cards need to actively apply to the bank for installment.

CCB installment pass is an independent installment business, which is only available to certain businesses, and does not support transfer and cash withdrawal. Repayment needs to be made on installment pass cards, and credit cards can be used anywhere where credit card payment is accepted, so it can be cashed out, and repayment needs to be made on credit card accounts.

is there a conflict between installment and quick loan?

There is no conflict between installment and quick loan, they are two different products. Installment is a special installment credit line to meet the large consumer credit demand of customers, while fast loan is a personal loan service for different customers. The line is not available, so the installment loan will not have much impact on the approval of fast loans.

However, if the customer applies for quick loan without repayment after installment, and the information on assets and income provided is limited, CCB may be worried about the repayment ability of the customer. In addition, if the quick loan is approved, the customer needs to bear the repayment responsibility of installment and quick loan at the same time, resulting in repayment pressure. Customers are advised to pay off the installment loan before applying for quick loan.