The handling fee rate is different in different periods, depending on the bank's standards. For example, if you spend 6,000 yuan in three installments and the handling fee rate is 1.95%, then the handling fee for each installment is 39 yuan, and the monthly repayment amount is 2 1 17 yuan. The handling fee rate for the sixth installment is 3.6%, so the installment fee for each installment is 36 yuan.
I believe that many people will receive enthusiastic text messages or even phone calls from banks after using credit cards to remind users that they can use the installment repayment service. The reason given by the bank is that staging has many advantages, such as extending the repayment period of credit cards, reducing short-term financial pressure and avoiding overdue credit cards.
But in fact, banks are also unprofitable and can't afford it long ago. It is obviously unkind to suggest users to choose installment repayment. So what are the benefits of credit card installment repayment for banks? It's actually quite simple. Users' installment repayment can bring benefits to the bank. If they repay in full before the final repayment date, the bank will not earn a dime from the users.
Interest refers to the reward that the currency holder (creditor) gets from the borrower (debtor) for lending money or monetary capital. Including deposit interest, loan interest and interest generated by various bonds. Under the capitalist system, the source of interest is the surplus value created by hired workers. The essence of interest is a special transformation form of surplus value and a part of profit.
Definition:
1. Money other than the principal of deposits and loans (different from "principal").
2. The abstract interest point refers to the value added when monetary funds are injected into the real economy and returned. Generally speaking, interest refers to the remuneration paid by the borrower (debtor) to the lender (creditor) for using the borrowed currency or capital. Also known as the symmetry of sub-fund and parent fund (principal). The calculation formula of interest is: interest = principal × interest rate × deposit period (i.e. time).
Interest is the reward that the fund owner gets for lending the fund, which comes from a part of the profits that the producer makes by using the fund to play its operational functions. Refers to the value-added amount brought by monetary funds injected into the real economy and returned. The calculation formula is: interest = principal × interest rate × deposit period × 100%.
3. Classification of bank interest
According to the different nature of banking business, it can be divided into bank interest receivable and bank interest payable.