The credit card installment application was rejected, this may be the problem We all know that credit card installment is the most popular business promoted by banks. After all, installment fees are also one of the sources of profits for banks. In addition, installments are often done. It’s also good for cardholders, for example, it’s easy to increase their credit limit. For this reason, credit card installment is beneficial to both parties and should be a welcome thing. However, some card friends applied for installment but were rejected by the bank. So why is this happening? What I want to say here is that credit cards also have thresholds. As long as the conditions are not met, it is natural to be rejected. The main reasons are as follows: 1. The credit card is overdue. Many banks say that installment is a service provided to high-quality users. As for the so-called high-quality users, their credit must pass the test. If you are often overdue, or have been overdue before installments, banks will naturally not trust you to apply for installments for people with bad credit. 2. If you fail to apply for credit card installment within the specified time, there are time regulations. For example, bill installment is generally required to be applied from one day after the bill date to the last day of repayment, or within a designated time period of the day. If it exceeds this time period, you will not be able to apply. It cannot be processed again. For example, the installment processing time for China Merchants Bank's credit card is the period between the day after the statement date and the due date for repayment. 3. The amount applied for installment is unreasonable. Credit card installment does not allow you to pay any amount you want. For example, for bill installment, each bank has set a minimum and maximum amount. If the amount exceeds the prescribed amount, installment cannot be made. Taking China Merchants Bank as an example, the minimum installment amount is 300 yuan, and the maximum amount does not exceed the current bill amount. The above are the common reasons for "rejection of credit card installment application". Finally, I would like to remind everyone that although credit card installment can alleviate the pressure of repayment, the cost is not low, and the annual interest rate can reach up to more than 18%. It is recommended to consider it carefully before applying.