Current location - Trademark Inquiry Complete Network - Overdue credit card - China Merchants Bank's credit card owed 654.38+million in installments, which is more cost-effective than the minimum? It is more cost-effective to divide it into several stages.
China Merchants Bank's credit card owed 654.38+million in installments, which is more cost-effective than the minimum? It is more cost-effective to divide it into several stages.
Of course, it is still cost-effective in stages. If you repay with the minimum repayment amount, all the expenses on the bill are not interest-free. Full interest, starting from the day of swiping the card, with a daily interest rate of five ten thousandths, compounded every other month until the principal and interest are paid off.

Of course, the shorter the number of installments, the less the installment fee!