In fact, if you want to use a credit card to buy a mobile phone in installments, you must first have a credit card that supports installment payment and the seller platform supports installment payment conditions, so that you can apply for a credit card to buy a mobile phone in installments. However, when using a credit card to buy a mobile phone in installments, the current available limit of the credit card must be greater than the price of the mobile phone, otherwise the payment will fail. Nowadays, the operation process of buying a mobile phone in installments with a credit card is as follows:

1. Enter the purchase interface of the desired mobile phone;

2. Click to buy;

3. Select the amount you want to pay for Credit card, click on installment purchase (there are options of 6-month and 12-month installments);

4. Select the number of installments you want, click Confirm, and enter the password.

After a credit card installment purchase, as long as the repayment is normal, it will not have any impact on the cardholder's credit report. Moreover, occasional use of installments can also have a good effect on increasing the credit card limit. However, credit card installments will occupy the credit limit of the credit card. Every time the user returns an issue, part of the credit will be restored accordingly.

Operating environment: iPhone11 15.0 Taobao v10.5.0

In the context of credit crunch, consumer loans cannot be satisfied. At the same time, consumer loan interest rates have increased significantly, and due to the credit card installment business The impact of the regulation was relatively small, and some borrowers borrowed credit card installments to solve their urgent needs.

"Credit card installment payment", in layman's terms, means that when consumers use a bank's credit card to purchase goods at a specific merchant, they can choose the number of installment payments provided by the bank and pay according to their own preferences. It is a consumption method in which the total price of the goods is divided into several installments and the payment for the current period is paid to the bank in equal amounts every month until the total price of the goods is paid off. It is essentially a personal consumption credit provided by banks to credit card customers. Taking car installment payment as an example, the cardholder needs to have a legitimate occupation and legal and stable income, have the ability to repay the loan on time, and the income repayment ratio does not exceed 50%. , no bad credit record, and the guarantee method adopts "mortgage + full guarantee". The maximum single installment amount shall not exceed 80% of the purchased vehicle price. This form is more flexible and easier than ordinary consumer loans, allowing cardholders to advance Achieve consumption enjoyment, solve capital turnover problems, and make smart investment and financial management.