The cardholder's qualification to apply for our billing installment business is also restricted by our risk policy. Cardholders can only apply for bill installment business if they meet the access conditions of our risk policy. Whether the cardholder is qualified to apply for business is subject to our confirmation.
Cardholders can apply for bill installment business, with the number of installments 1~36, once a month. The actual rate is subject to the final evaluation result and bill of Huaxia Bank Credit Card Center.
The annualized rate range is 0%~ 18% (the above rates are annualized IRR calculated according to the customer's cash flow, which is convenient for customers to evaluate the capital cost. There are differences because of the interval between the selected installment products and the billing date, the actual number of days per month, early repayment, cooperative merchants and so on. The commission actually paid by the customer is still subject to the bill).
Extended data:
The bill installment fee can be charged in one installment or in installments: one-time fee = total installment principal × total rate of corresponding installments; Fee charged by installment = total installment principal × corresponding installment fee rate; Once the bill installment fee is collected, it will not be refunded.
The principal payable in each installment of the bill = the total principal in each installment ÷ the number of installments. The principal payable in each installment (accurate to the minute) will be credited to the cardholder's credit card account month by month. If the principal cannot be divided, the rest will be recorded in the last installment; If the amortization amount of any period is overdue, interest or late fees will be incurred. Please refer to Huaxia credit card charging standard for detailed charging standard.
Huaxia Bank-Terms of Use for Bill Installment Business