This credit card installment can reduce the debt ratio.
After the credit card installment, the bank will charge a certain handling fee, and the total credit limit will decrease after the installment. The credit card limit is linked to the debt ratio. After installment, the total credit card limit is reduced, and the debt ratio is also reduced.
The debt ratio is linked to the credit report. Lowering the debt ratio can reduce the borrower's repayment pressure, increase the borrower's income level, and facilitate the borrower's future credit business processing.