The advantage is that it can reduce the current repayment pressure and help increase the total credit card limit. The disadvantage is that it increases the repayment amount and is not conducive to the approval rate of later loan applications. Credit card installment is a double-edged sword, with advantages and disadvantages. If you have enough funds to pay off the card debt, try not to choose installment.

Benefits of credit card installment:

1. Reduce the repayment pressure. Spread the repayment pressure of this period into several installments, reduce your own financial pressure, and effectively avoid financial problems. Not having enough money to repay the loan becomes a late payment.

2. Increase the credit card limit. Although the bank has not stated this clearly, the experience of people who have been there is that those who have used credit cards to repay in installments for a long time will increase the credit limit faster.

3 Enjoy your favorite products in advance. The same product at the same price. Installment payment reduces the financial pressure of cardholders, and you can buy your favorite products in advance. 1. Increasing the repayment amount will incur installment handling fees, which will increase the final repayment amount of the cardholder.

2 There is a risk of overdue payment. You may forget to pay off the debt in time and it will be recorded as overdue payment, which will affect your personal credit.

3 It is not conducive to later-stage loans. Multiple or frequent installments will be reflected in your credit report, and lenders will think that you do not have enough repayment ability.

Whether a credit card should be repaid in installments depends on the cardholder's own situation and choices. If you feel that you are under great pressure to repay this period, it is recommended to apply for installment repayment in advance. If you are able to repay on time, it is actually not necessary. Installment repayment is not so cost-effective after all.