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Reasons for the continuous decline of credit card business and installment business
People are spending sensibly.

From the bank's point of view, according to market research, there are three major problems at present: first, the disclosure of important information such as the actual annualized rate, the cancellation of installment and early repayment regulations is not perfect; Second, all the remaining installment fees are collected in advance, that is, consumers will bear the remaining fees even if they pay off the installment principal in advance; Third, there are misleading propaganda such as "interest-free" and "the proportion of handling fees will not increase with the increase of installment times".