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Is credit card cash installment a loan?

Not a loan, credit card cash installment is a credit card cash credit service launched by the bank. It is an installment payment service in which cardholders actively apply or are invited by banks to convert the credit card amount into cash and transfer it to a designated account or debit card.

Credit card cash installment service can meet users’ needs for small amounts of funds such as travel, payment, and shopping. The payment standards for the credit card cash installment business of various banks are not completely consistent. The specific payment standards are based on the number of installments and fees displayed on the application page.

How many times can the cash installment be used in a month?

There is no limit on the number of cash installments. As long as the available credit card amount is sufficient, you can make cash installments. If the amount is insufficient, you will have to wait for the user to repay, and then proceed to cash installments after the amount is restored. It should be noted that cash installment payment requires a handling fee, so the more applications you apply for, the more fees you need to pay.