first, choosing the appropriate number of installments can reduce the handling fee, because most credit card applications cannot be cancelled or changed after installment. Therefore, everyone should make a good choice before applying for staging. The fee rates of different banks are different. Take the six-stage installment fee as an example, the highest is 4.2% for China Merchants Bank, the lowest is 3% for China Everbright, 3.6% for industry, agriculture, China and construction, and 3.9% for Guangfa. The highest installment fee for the 12th installment is Guangfa 7.8%, the lowest is Everbright 6%, ICBC, CCB and ABC are all 7.2%, and BOC is slightly higher than 7.5%. The highest installment fees in the 24th installment are Bank of Communications and Guangfa Bank, both accounting for 17.28%, while the lowest is Agricultural Bank of China and China CITIC Bank, accounting for 14.4%. Second, the credit line can only be restored after it is fully paid. Some friends think that after the installment, the credit line will be fully restored in real time, but it is not. After applying for bill installment, the credit line will be fully restored only after the payment is paid off in full. Paying off the current installment will only restore the amount of the corresponding paid off. Third, after you can't apply for bill installment repeatedly, the repayment amount and installment fee of each installment are included in the minimum repayment amount of the current period. In other words, it is impossible to apply for the bill installment, and this part of the money should be paid first in the bill repayment of the month. Fourth, the prepayment fee is paid as usual. At present, there are two main types of fees charged by banks. One is to charge the fees in one lump sum in the first month and not charge them afterwards. The other is monthly charge, that is, a certain handling fee is charged every month until the end of the installment. However, no matter what method is used, if consumers choose to repay in advance, they still have to pay the handling fee for installment at that time in full. If the handling fee is charged at one time, "the installment fee will be charged at one time after successfully handling the' easy purchase by installment' business, and will not be refunded once it is collected"; If it is paid in each installment, "the undistributed principal and handling fee of the cardholder's installment payment are all included in the cardholder's current bill at the end of the application for early repayment, and are fully included in the minimum repayment amount, and will not be allocated on schedule on the subsequent billing date." This means that even if the card is repaid in advance to stop the installment, the handling fee will not be less than a penny, and prepayment is meaningless. Fifth, the penalty interest is higher than the loan interest. If the consumer fails to return the installment amount to the bank in time within the time limit, he will also pay a high "overdue fine for principal allocation". If you have to pay back 1, yuan a month, but you forget it for some reason, you will pay a penalty of five ten thousandths of a day, so you will pay more to 15 yuan in one month, which is higher than the repayment interest. This will not only not enjoy interest-free, but also cause bad credit records, which will not be worth the candle.