As the term of ordinary loans, generally speaking, one month is a period, and 24 periods are 24 months, that is, two years. Unless the loan bears interest on a daily basis, the interest period is one day (day). 1, 10 years, 20 years, and 30 years have a long loan period, and the repayment is also equal to the principal and interest within each year, and the repayment is made monthly. 2. Credit card installment will not generate any interest, which is the same for every bank, but it will charge a corresponding handling fee, which varies according to the installment standard. In addition, the bank will charge a one-time installment fee.

1. Credit card installment refers to the process in which the bank pays the consumer funds of the goods (or services) purchased by the cardholder in one lump sum when the cardholder uses the credit card for a large amount of consumption, and then the cardholder repays the money to the bank in installments. According to the cardholder's application, the bank deducts the consumption funds by stages through the cardholder's credit card account, and the cardholder repays according to the monthly amount.

2. If the credit card needs to be paid in installments, you can ask the bank customer service or merchants about the installment requirements, such as 3, 6, 12, etc. A few shopping malls support 24 stages. Some businesses have discounts, and shopping malls are generally free for three periods. The rates for Stage 6 and Stage 12 vary from bank to bank. As long as the goods are sold normally in shopping malls, they can generally be paid by installments.

Three. Credit card bill installment application requirements:

1. Time to apply for installment bills

From the trading day to the repayment date, you can freely choose the installment transaction under RMB or USD account.

For unbilled transactions: you can apply for installment payment between the transaction date of 19:30 and the billing date of the bill corresponding to the transaction.

For bills that have been issued, you can apply for installment from the day after the billing date to the due repayment date (for customers with automatic repayment in the account, the deadline for application is due repayment date 17:00).

2. Conditions for applying for installment bills

The applicant must hold a personal card with a bank credit card, have a good record of using the card and have no delay in repayment in the current period. Customers who only hold business cards, business cards, purchasing cards, ANA protection cards or supplementary cards cannot apply for bill installment for the time being.

3. Bill installment application amount

For the installment payment of RMB bills, the minimum application amount shall not be less than 300 yuan RMB each time; For the installment payment of USD bills, the minimum application amount shall not be less than USD 65,438+000 each time. After the installment of RMB or USD bill is successful, the principal and handling fee of each installment will be credited to RMB account, that is, the installment amount of USD bill will be converted into RMB at the exchange rate specified at the time of application.