2. Is it cost-effective to pay in installments for Home Credit mobile phones? Let’s take a 4,800 yuan mobile phone as an example. The down payment is 1,200 yuan, the loan is 3,600 yuan, and the installment is 15 months. The monthly repayment is 346 yuan, 15 months* **You need to repay 5,190 yuan, which means you need to spend an additional 1,590 yuan. Many products can actually be purchased in installments using a credit card, and the fees are lower than Home Credit installment fees. Therefore, friends who have credit cards may wish to use credit card installment business.
3. What will happen if Home Credit mobile phone installment payment is overdue? 1. Pay liquidated damages. The Home Credit mobile phone installment contract clearly states that liquidated damages must be paid for overdue behavior. 2. A bad credit record will occur, which will affect future loans and credit card applications. 3. Unable to enjoy loan discounts, or even fail to apply for a loan. 4. Mobile phones purchased in installments will be forcibly taken back. The above is an introduction to the relevant information about "Gitzo Mobile Installment Payment" for mobile phones. Interested friends can try to apply. Buy a mobile phone in installments, buy a SLR in installments, and if you want to know more about installment loan products, you can click directly and there are nearly a hundred similar products for you to choose from.