Minimum repayment amount = 100% (unpaid part of the minimum repayment amount in the previous period+annual fee+principal and handling fee recorded in each installment of the installment business and the resulting interest)+10% (consumption amount+cash withdrawal amount+expenses).
Expenses include: liquidated damages, interest, loss reporting fees, damages, cash withdrawal fees and other types, except annual fees.
Among them, if the cardholder has paid off the minimum repayment amount on time in the first installment, the consumption amount, cash withdrawal amount and expenses will be calculated as 5% from the original 10% when calculating the monthly minimum repayment amount in the next installment.
Example for calculating the minimum repayment amount: If the bill amount of the first bill of the customer in April is 1534. 10 yuan, Then the minimum repayment amount =10% * (49+276+1200+9.10) =153.4083.4008080808 Because the bill in April was not repaid, the minimum repayment amount of the bill in May.
Note: 1534. 1 is the unpaid amount of the previous bill, which is also included in the minimum repayment amount of this period.