If the credit information is normal and there is no illegal use of credit cards, but it cannot be phased, it may also be because of the following reasons:
1. failed to apply within the specified time. The credit card installment of Shanghai Pudong Development Bank needs to be handled from the day after the bill date to the bill date of the next bill.
2. The amount is not enough for installment payment. The initial amount of bank credit card installment is 500 yuan, which is less than 500 yuan, so it is impossible to apply for installment; The maximum installment amount is 95% of the bill amount of the current period, and you cannot apply for installment beyond the amount.
3. Transaction types cannot be divided into stages. Bank credit card cash withdrawal, mail order business, real estate transaction, etc. Can't be staged.
1. What are the reasons why credit cards cannot be repaid in installments?
The items that banks generally prohibit by stages mainly include:
1. Annual fee, principal of previous installments, revolving credit interest and liquidated damages.
2. Transfer transactions, gold transactions, hotel pre-authorization transactions and other transactions.
3. Transactions and funds in US dollar accounts that have applied for foreign exchange purchase.
Banks with the above projects will refuse to apply for installment.
Second, after credit card installment, can I repay in advance?
Credit cards can be repaid in advance by installments. The installment of the credit card that has been successfully applied for cannot be cancelled, but you can apply for early repayment. If you apply for early repayment, you still have to pay the installment fee, which cannot be waived.
Credit card repayment must first bind my debit card, and then deposit the corresponding amount into the debit card before the repayment date.
After the debit card is bound, the specific credit card repayment method and term are as follows:
1. If it is paid off in full, there will be no cost.
2. Credit cards generally have a grace period of three days after the repayment date, and repayment within the grace period is regarded as timely repayment.
3. If the minimum repayment amount is paid, the daily interest needs to be calculated, starting from the consumption bookkeeping date.
4. If the repayment exceeds the grace period or the repayment amount is lower than the minimum repayment amount stipulated by the bank, the interest will be calculated from the bookkeeping date, and a late fee of 5% of the minimum repayment amount will be charged monthly.
5. The specific daily interest rate may vary with different credit cards.