How much interest do you pay on a credit card that owes 190,000 yuan a month?
1,140 yuan. The monthly loan interest rate of a general credit card is 0.6, so a credit card with a debt of 190,000 yuan needs to repay 1,140 yuan a month. A credit card is also called a credit card, which is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit.
What is the interest rate of a credit card and how much does it cost to borrow 3,000 yuan a month?
Take China Merchants Bank credit card as an example: if you withdraw 3,000 yuan by credit card and borrow it for 10 months, there will be a one-time cash withdrawal fee. It is 30 yuan, and the monthly repayment is 345 yuan.
1. Cash withdrawal handling fee:
The cash withdrawal handling fee is 1,300 yuan or 30 yuan of the cash withdrawal amount, and is charged in one go.
2. Interest:
The daily interest rate is 0.05%, 3,000 yuan is 1.5 yuan per day, and the monthly interest is 45 yuan, and compound interest is calculated monthly.
3. Principal:
If 3,000 yuan is divided by 10 months, the monthly principal is 300 yuan.
So, for example, if you want to withdraw 3,000 yuan by credit card and borrow it for 10 months, the one-time cash withdrawal fee is 30 yuan, and the monthly repayment is 345 yuan.
Extended information:
Relevant provisions of "China Merchants Bank Credit Card Regulations (Ninth Edition)"
Cardholders can apply for the cash advance function as soon as they activate the credit card Cash withdrawals, cash transfers (can be completed through ATMs, branch counters, customer service hotline voice systems, online banking, mobile banking, Pad banking and other channels that provide cash services) or to my payment account opened at a non-bank payment institution Make cash recharge;
Cardholders can repay according to the minimum repayment amount stipulated by the card issuer. If the cardholder fails to repay in full before the due payment date, he will not enjoy the interest-free repayment period. The card issuer will accrue interest on the cardholder's transaction amount that does not meet the interest-free conditions starting from the bank accounting date based on the daily interest rate approved by the card issuer, and compound interest will be charged on a monthly basis. If the relevant regulations of the People's Bank of China change, the interest will be calculated based on the relevant regulations of the People's Bank of China. Provisions are enforced.
When the cardholder fails to repay the minimum repayment amount before the repayment due date, in addition to paying overdraft interest according to the interest calculation methods in Articles 25 and 26 above, he shall also pay in accordance with Both parties agreed to pay liquidated damages.
The card issuer does not charge interest on the deposits in the cardholder's credit card account, unless otherwise agreed between the card issuer and the cardholder; for credit cards that support electronic cash accounts, the balance of the electronic cash account does not calculate deposit interest. .
China Merchants Bank - cash advance fees and interest
How much does a credit card repay 10,000 yuan per month
If it is a one-time repayment, then 10,000 yuan needs to be repaid Yuan, if it is repayment in installments, then it depends on how many installments you pay. Assuming it is divided into 12 months, then the principal of 834 and the installment fee of 72 are repaid every month, so the monthly repayment is 906.
Credit card installment payment means that when the cardholder uses a credit card to make large purchases, the card-issuing bank pays the merchant a one-time payment for the goods (or services) purchased by the cardholder. Apply to deduct consumption funds in installments from the cardholder's credit card account, and the cardholder will repay according to the monthly credit amount.
Most domestic banks in China have credit card installment services. Installments are generally divided into shopping mall (POS) installments, "mail order installments" and bill installments through the Internet, mail, etc. depending on the occasion. .
Serious consequences of credit card default:
1. Bearing high penalty interest
After a credit card default, the penalty fees usually involved are recurring interest fees and Late payment fees. Revolving credit is essentially a small, unsecured loan that accrues interest on a daily basis. If the full amount is not repaid on the final payment date, revolving credit interest will accrue on the next statement, and it will start from the date the consumption is recorded. Calculate interest.
2. Causing the law
Violent credit card collection has become a hot topic. Many bank credit card centers outsource credit card repayment collection to some so-called "debt collection companies". These companies vary in quality and collection. The debt methods are relatively rough and cause great trouble to customers. Not only that, defaulting customers may also face legal consequences. According to the provisions of the "Criminal Law", for malicious overdrafts of more than 5,000 yuan on a credit card, and the bank has not paid back after three months of collection, if the circumstances are serious, you may be held criminally responsible for the crime.
3. Leaving "credit stains" in the national credit reporting system
In 2006, the central bank established a national unified basic database of corporate and personal credit information. Cards and loans will automatically generate a "credit report" of their own in the system. The "stains" in this report cannot be ignored. It will affect applications for various loans, insurance, job hunting, overseas study, etc. . More importantly, bad records are generally retained for 7 years abroad, but there are no clear regulations in China, which means that if not remedied, this "stain" is likely to stay with you for a lifetime.
How much does it cost to repay a 18,000 yuan credit card in one month?
If a credit card of 18,000 yuan is repaid in 12 installments, each installment is 1,500 yuan plus a handling fee of 108 yuan, which equals every month I have to pay back 1,608 yuan. It is best not to apply for cash installment with a credit card. Just pay the minimum payment every month. If you have money on hand, pay more. Some banks' installment fees and interest are much higher than the minimum payment. Installment is a pitfall. Please tell me about my CCB credit card limit. It's 12,000 yuan. I spent all of it. I have to repay it in 12 installments. How do I calculate the interest? How much interest is ***
I spent 18,000 yuan with a CCB credit card. Now I have to repay it in 24 installments. May I ask how much interest is estimated? Does 24 installments mean 24 months?
Yes, it is best not to apply for cash installments with credit cards. Just pay the minimum payment every month. If you have money on hand, pay more. Some banks The installment fee and interest are much higher than the lowest fee. Installment is a pitfall
Spend 500 yuan with a CCB credit card? How much is the interest for 7 days after the payment date?
1. If the payment is made on the last payment date, no interest will accrue during this period.
2. But if you exceed the repayment date, the calculation will start from the date you swipe the card.
3. The interest is 0.05 days of the consumption amount.
4. The interest rate for 500 yuan per day is 0.25 yuan.
How much is the interest on CCB credit card repayment? I spent a total of 10,000 yuan. How much is the interest after the repayment period has passed?
The interest is calculated from the day you consume, and it is 0.5% per day. For example, if you consumed 3,000 yuan 50 days ago, and the remaining 7,000 yuan was consumed 30 days ago, then you still have If you repay the loan, the interest will be 30000.000550 70000.000530 = 180 yuan; there will also be a small amount of late payment fees; when repaying the loan, you have to pay more because the compound interest penalty will add up.
The most important thing is that if you have a bad credit record, you will have trouble getting loans in the future.
How to calculate the interest if you apply for 3 installments of CCB credit card consumption of 8,000 yuan
The three-month handling fee is 0.70, and the monthly interest = 80,000.70 = 56 yuan.
China Construction Bank provides 3-month, 6-month and 12-month consumption installments, and cardholders can freely choose the number of installments. The CCB credit card installment payment fee rate standards are: 0.70 for 3 months, 0.60 for 6 months, and 0.60 for 12 months.
Examples of CCB credit card installment payment fees:
Mr. Wang’s bill date is the 17th. He purchased a home appliance worth 3,600 yuan on October 8, 2006. , call China Construction Bank on the third day after swiping the card (October 11) to apply for consumption installment. The number of installments is 12.
The 12-month installment fee rate chosen by Mr. Wang is 0.60, so the monthly repayment amount is: 3,600×0.60 3,600÷12=21.6 300=321.6 yuan, that is, Mr. Wang only needs to repay 321.6 yuan every month instead of Other fees will apply.
If I pay 10,000 yuan on my China Merchants Bank credit card and only pay the minimum monthly payment, how much do I need to pay back every month?
If you spend 10,000 yuan on a China Merchants Bank credit card and only repay the minimum monthly payment, you need to repay at least 1,150 yuan every month, that is, 10 of 10,000 yuan is 1,000 yuan, and there will be an interest of 0.05% per day. The monthly interest is 150 yuan.
The minimum repayment amount for each installment is calculated as follows:
The minimum repayment amount = 10 for all general transactions in the credit card account 100 for the single installment amount of all outstanding installment transactions in the account 100 The unpaid portion of the minimum repayment amount of the previous period is 100, and the total amount used in excess of the account credit limit is 100 fees and 100 interest.
Liquidated damages
If the cardholder fails to pay off the minimum payment amount of the previous period's bill before the due payment date (inclusive), our bank will issue a penalty in accordance with the "China Merchants Bank Credit Card Regulations" , corresponding liquidated damages will be charged based on 5% of the unpaid portion of the minimum repayment amount, with a minimum charge of RMB 10 or USD 1.
Extended information:
Cyclic interest
The amount of each consumption in the previous period's bill is the interest-bearing principal, from the date the account is recorded to the The number of days until an account is paid off is the number of days for interest accrual, and the daily interest rate is 0.5% of the interest rate.
The cardholder's bill date is the 7th of each month, and he spent 2,000 yuan with the card on April 1st. , the consumption was recorded in the account on April 2, and the bill on April 7 will show that the "amount due for this period" is 2,000 yuan, and the "minimum repayment amount" is 200 yuan. If the cardholder only repays 200 yuan on April 25, the due payment date, the interest to be paid as of that day will be shown on the bill on May 7;
That is, the revolving credit principal of 2,000 yuan 23 days of interest and 13 days of interest on the remaining 1,800 yuan principal after repayment: 2,000 yuan × 0.05 × 23 days (April 2-April 24) 1,800 yuan × 0.05 × 13 days (April 25- May 7) = 23 yuan 11.7 yuan = 34.7 yuan.
China Merchants Bank - minimum repayment amount and liquidated damages
China Merchants Bank - recurring interest
About how much a credit card repays in a month and how much a credit card repays in a month This is the end of the appropriate introduction. I wonder if you found the information you need?