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What's the difference between credit card free installment and bill installment? Mainly in four aspects.
Although credit card free installment and bill installment belong to consumer installment business, there are certain differences between them, which are embodied in installment object, installment time, installment amount, repayment time and so on. Let's analyze them together. difference 1. installment object: credit card free installment is mostly for single transaction or multiple transaction amounts, and installment is carried out separately; The credit card bill installment is aimed at the unbilled amount or the billed amount.

difference 2. installment time: free installment of credit cards means installment at the same time of transaction. for example, some credit cards buy Apple mobile phones by installment, and the installment number and installment fee are agreed at the time of transaction. After the transaction is successful, the installment is successful; Most of the bills are divided into stages after the bills come out and during the period between the due repayment dates.

difference 3. installment amount: the free installment amount of a credit card is usually the total amount of a single transaction. For example, if you buy an Apple mobile phone with 8, yuan in installments, you must installment all of this 8, yuan; The installment amount of the bill generally does not exceed 9% of the amount of the bill, and the specific number of cardholders can set it by themselves.

difference iv. repayment time: after the credit card is freely installment, it will be included in the bill amount of the first installment, and generally the installment principal and handling fee will be repaid in this installment; The credit card bill is divided into installments. After the installment is successful, it will be included in the next installment bill. Only the unpaid amount will be repaid this month. The above is the introduction of "What's the difference between credit card free installment and bill installment", and I hope it will help you. In short, there are still many differences between these two stages. If it is really unclear, the best solution is to call the customer service phone of the issuing bank to consult the customer service.