1. Strong initiative: the bank will actively send out invitations according to customers' consumption behavior, and customers only need to accept or reject them, which is relatively convenient.

2. Preferential interest rate: Banks usually offer preferential interest rate when inviting installment, which is more favorable than their own installment.

3. Fast approval speed: The bank has made an evaluation according to the customer's consumption behavior, so the approval speed is faster than its own stage, and it usually takes only a few minutes to several working days to complete.

4. The scope of application is limited: the bank invitation installment is only applicable to the consumption places and categories of bank-merchant cooperation, so the scope of application is relatively small.

Characteristics of each stage:

1. Strong autonomy: customers can choose the installment amount, installment times and repayment method independently, which has greater autonomy and flexibility.

2. Interest rate is not necessarily favorable: the interest rate of your own installment is not necessarily more favorable than the installment invited by the bank, and it needs to be evaluated according to the bank's policies and the customer's personal situation.

3. Slow approval speed: self-installment requires bank approval, so the approval process may take several working days or even longer, and the approval speed is slow.

4. Wide scope of application: the scope of application of self-service staging is wider than that of bank invitation staging, and it can be applied to various consumption places and categories.

What is the impact of the bank's invitation not to participate in the installment?

1 The bank invites installment, and there will be no negative impact if users don't participate.

Bank invitation installment is an optional service, and users can decide whether to participate or not. Failure to participate will not have any negative impact on users. Whether users choose credit card installment or not depends on individual repayment ability and demand.

If the user does not want to apply for installment, he can directly refuse the installment invitation from the bank on the phone. If necessary, users can still go to the repayment page to choose installment repayment. Therefore, rejecting the installment invitation from the bank will not have any adverse effects. However, if users frequently apply for installment, banks may think that users have poor repayment ability.