The most important thing to care about when using credit card for installment is the handling fee. Although the bank takes interest as a cover, the handling fee charged is equivalent to an interest. What we want to say now is, how to calculate the installment fee for the credit card decoration loan of CCB?

How much is the installment fee for the credit card decoration loan of CCB?

CCB credit card installment loan has zero interest. Applicants can choose 6 installments, 12 installment, 18 installment, 24 installment, 36 installment and 48 installment (monthly) according to their own needs, and the fees will be charged at one time or in installments, but the rates of different branches and installments are slightly different.

How to calculate the installment fee of CCB credit card decoration loan?

1. Adopt the method of one-time collection.

Cardholder handling fee amount = cardholder handling fee rate * cardholder handling fee. The handling fee shall be recorded in one lump sum on the first billing day after the transaction is completed, and the full amount shall be recorded in the minimum repayment amount of the credit card.

2. Use installment payment.

The amount of handling fee payable by the cardholder in each installment = actual installment amount × cardholder's monthly rate. The handling fee will be recorded monthly according to the number of transaction periods and fully included in the minimum repayment amount of the credit card.