No.

For example, Dongguan Suning said that during the last "Three Zero Installment" event held by Dongguan Suning, consumers who bought a mobile phone worth 3,000 yuan in 6 installments with a China Merchants Bank credit card originally had to bear 4.8 or 144 yuan in procedures. During the event, the cost will be borne by the store, and consumers will save a handling fee of 144 yuan.

From the reporter's visit to the market, in order to attract more consumers to use this business, merchants have made many links more flexible in actual operations. For example, down payments and calculations can be made according to the consumers' own circumstances. Interest.

“In fact, you can pay it off in advance, so that you only charge the interest for the first few installments, which can save a lot of money.” Last weekend, in an electronics store on Hongfu Road, when a reporter said that it was not cost-effective to buy a mobile phone in installments , the promotion staff took the initiative to introduce to reporters that in fact, a one-time payment is more cost-effective, but if you really don’t have so much cash, you can decide how much down payment you want, and then pay it off in up to 3 installments, which is relatively cost-effective.

However, the reporter found during the visit that some businesses, driven by personal interests, often hide some important information when introducing installment payments, and are vague about interest and other fees and matters needing attention in loan repayment. , so consumers must understand the situation in detail before making a decision when using installment payment.

Extended information:

Recently, reporters visited a number of home appliance digital stores in Guancheng and Nancheng, Dongguan, and found that all major stores offer installment payment services. During the visit, the reporter found that most merchants use Home Credit installment payment, and some cooperate with banks to use credit card installment payment. The reporter selected several products at different price points in different stores and inquired about the final price and price after using the installment payment service. Interest.

At a large chain mobile phone store near Donghu Garden in Dongcheng, a reporter asked about the installment payment situation for a Canon 650D kit priced at 6,699 yuan. On-site staff told reporters that because this machine is relatively expensive, the down payment must be more than 2,500 yuan, and the remaining part needs to be paid off in 12 to 24 installments.

The staff member input several sets of data into a system software of Home Credit Company, and the monthly payment cost was immediately displayed. Data shows that with a down payment of 2,500 yuan and monthly payments of 12 installments, the monthly payment is 514 yuan. If the monthly payment is divided into 24 installments, the monthly payment is 322 yuan.

From the data point of view, the monthly monthly payment is not very high, but the reporter carefully calculated the final cost and found that after 12 monthly payments, the total cost is 8,668 yuan. If paid in 24 installments , the total cost reaches 10,228 yuan, that is to say, if consumers pay in 12 installments, they will spend nearly 2,000 yuan more than a one-time payment, and if they pay in 24 installments, they will spend more than 3,500 yuan more than a one-time payment.

This algorithm does not take into account the price reduction of the product during the installment process, because the price reduction of digital products is rapid. For example, a mobile phone can be sold within two months. The price dropped by thousands of dollars. From this point of view, consumers’ complaints that installment payments are “usury” are not groundless.

If you choose to pay in installments when purchasing a SLR camera, the extra cost will be 50 yuan higher than the original price. So is it cost-effective to pay in installments for a mobile phone? Last weekend, a reporter asked about the installment payment situation of a domestic mobile phone priced at 2,699 yuan in the mobile phone sales area of ??an electronics store on Hongfu Road, Nancheng. A male promoter told the reporter that there was an installment payment plan for this mobile phone next to the mobile phone display stand. Condition.

The reporter saw that it was marked on the display stand that if this mobile phone has a down payment of 900 yuan and is paid in 6 installments, each installment requires 450 yuan. If it is paid in 12 installments, the repayment amount per installment is 225. Yuan.

Based on this calculation, if you pay in 6 installments, the total *** payment will be 3,600 yuan, and if you pay in 12 installments, the total *** payment will also be 3,600 yuan, which is 1,000 yuan more than a one-time payment.

Subsequently, the reporter randomly selected several mobile phones with original prices of more than 1,500 yuan in different stores and inquired about the installment payment. The on-site staff told the reporter that the final price was generally more than the one-time payment. Thousands of dollars.

China News Network-Consumers pay in installments to buy mobile phones. No interest does not mean no fees