Hengfeng Bank's honeypot installment is a special cash installment business for high-quality cardholders. The maximum limit is 300,000, and the longest can be divided into 36 installments. It can solve the problem of large-amount capital turnover for cardholders. After the application is successful, they must repay on time. of. So, how to repay the Hengfeng Bank honeypot installment? Can I return it in advance? Let’s briefly introduce it today.

How to repay the Hengfeng Bank honeypot installment? Although honeypot installment is a special credit card installment business, after processing, a separate honeypot installment account will be opened, and an electronic credit card will be opened. You need to repay the electronic credit card separately, so you must remember the account of the electronic credit card. Return the money to the Hengfeng credit card account, otherwise there is a risk of overdue payment. After the honeypot installment bill comes out, the cardholder can just transfer the money to the electronic credit card account before the end of the billing day. If you have sufficient funds and don't want to pay it back slowly in installments, you can call Hengfeng If you apply for early repayment of honeypot installments with a bank credit card over the phone, the bank will calculate the handling fee for the remaining unpaid principal and include it in the next bill, which needs to be paid off in one go.

As an example, assume that the cardholder applies for 12 installments of Hengfeng Honeypot worth 50,000 yuan. The rate rules for each installment are as follows: 1) Repayment on schedule: The principal needs to be repaid every month of 50,000/ 12=yuan, the handling fee is 50,000*yuan, and the total repayment amount in each period is yuan. 2) Early repayment: If you have repaid 3 installments in advance, you need to pay off the remaining principal (50000-50000/12*3)=37500 yuan in one go, and the remaining installment handling fee is 400*(12-3)=3600 yuan. , the total *** repayment amount is 41,100 yuan. The above is the relevant introduction to "How to repay Hengfeng Bank's honeypot installments". I hope it will be helpful to everyone.