What installment of China Construction Bank does the building sponsor?

If it is bill installment, consumption installment, cash installment, or merchant's POS installment, then they all have to occupy the credit limit of the credit card itself. As the poster repays the loan on time every month, the limit will be released month by month. ,

Take cash installment as an example: Assume that the owner’s credit card limit is 6,000 yuan, and the total cash installment amount is 5,000 yuan, divided into 12 installments, and each installment requires 417.67 yuan (of which the installment principal is 5,000/12=416.67 yuan) , 12 installments (consumption installment fee = 5000*0.75=37.5 yuan), then if the installment has not been repaid, the credit card has a limit of 1,000 that can be used. After repaying the previous installment, the maximum available limit becomes 1,416.67 yuan. With this By analogy, the quota of 6,000 will be restored in 12 months.

If it is a large-amount installment such as car installment or home improvement installment, then they will provide a large-amount dedicated line installment limit in addition to the credit card limit. This does not occupy the credit card's own limit.

If the poster has any other questions, you can ask.