The credit card installment interest rate is 3.6 for 12 periods. The interest is calculated as follows: 100,000 yuan of Industrial and Commercial Bank of China credit card is repaid in 12 installments. The handling fee is 3.6. Each installment is 100,000*3.6=3,600 yuan. The total interest is It's 3,600 yuan.

The summary assumes that the period is 12 periods, that is, 1 year, the credit card loan is 100,000 yuan, and the monthly repayment is 9,770 yuan. The calculated monthly interest rate is: 2.536. The annual interest rate is: 30.43. The total loan amount is 100,000. Assume that the annual interest rate is 30.43 and the loan period is 1 year: the equal principal and interest method. The monthly principal and interest payment amount: 9769.88 yuan, and the total repayment is: 117238.56 yuan. , the total interest payable: 17238.56 yuan. The principal and interest repayment in the first month is: 2535.83, the principal repayment in the first month is: 7234.05; the principal and interest repayment in the second month is: 2352.39, the principal repayment in the second month is: 7417.49

Cash installment, Also known as cash withdrawal installment, it is generally applied by the credit card holder, or the card issuing bank actively invites the card holder to apply. The limit in the card holder's credit card is converted into cash and transferred to a designated debit card (our bank or An installment method in which the loan is returned in specified monthly installments).