Everyone knows about cash repayment. Let's briefly talk about the advantages and disadvantages.
advantages: zero risk, as long as you have enough funds, you don't need to worry about anything, and you can repay on time.
Disadvantages: the utilization rate of funds is very low. If the amount is large, you can completely exchange income through low-risk wealth management products. If you invest 1, yuan in a stable fund, you can at least create hundreds of income a month, and this income can completely allow you to postpone repayment in the following ways. If the amount is small, don't say it, just repay it on time.
2. Repayment by installments
Suppose you have a line of 1, yuan. If you brush 6, yuan, you can repay the loan in 3, 6 and 12 installments, and the handling fee rates are .9%, .75% and .66% respectively. Let's divide it into three installments, and the fee payable for each installment is 6/3+6/3 * .9% = the total handling fee for the third installment in 218: 18*3=54 yuan, and the handling fee for each installment is usually fixed and will be obvious at the same time.
Advantages: For office workers or students with fixed income, it is a more reasonable way to slow down the payment time and relieve the pressure.
Disadvantages: First of all, there is bound to be a handling fee in stages, which will increase additional expenses and is often unnecessary; Secondly, the bank will judge your income level through the system, and the frequent installment will make the bank judge that you are a low-income group, which will have a great impact on the future increase.
3. Minimum repayment
The minimum repayment is more complicated, and the minimum repayment is 6, so your next bill is:
Current payable amount = previous bill amount-previous repayment amount+current bill amount-current adjustment amount+revolving interest. Simply put, it is to delay the repayment date by paying higher interest.
Advantages: obviously delaying the repayment time, at least reducing the immediate financial pressure.
Disadvantages: It only reduces the pressure through high interest rate, which will increase the cost, and the pressure will be even greater next month, which is easy to form a vicious circle, and at the same time, as just mentioned, it will affect the positioning of banks.
4. Cash multiple credit cards for repayment
This is a way that many people used to use before. It is necessary to pay attention to the date when multiple credit cards are cashed out to rob Peter to pay Paul. It is cumbersome to do this, and at the same time, it is necessary to pay attention not to cash out at ATM, but to operate at POS machine, because the interest of ATM is very high and very uneconomical.
advantages: raising a card with a card will not generate interest, but only charge some cashing fees. For ordinary people, if the amount of arrears is not very large, it can still be operated.
Disadvantages: The strategy of keeping the card with the card is actually illegal. At the same time, if the operation is wrong or too frequent, it will be monitored by the risk control system of the silver card, and it is likely to be downgraded or blocked, which is risky; Secondly, the repayment time of multiple cards is not easy to grasp and the cost of raising cards back and forth is not low, and the handling fee must be paid at least twice.
5. Repayment on behalf of the company
The principle of repayment on behalf of the company is to use the idle funds in hand to make repayment through cash withdrawal from POS machines, and relevant information and passwords need to be provided.
Advantages: short-term and quick repayment of the arrears
Disadvantages: it is risky. First, it will be taken out quickly after repayment by the company. He should guard against risks, which will damage your bank bills and records, and will be judged as a malicious cash-out user by the risk control system of the silver card, with the risk of reducing the amount and sealing the card; Secondly, the company needs your password and related information, and the risk can be imagined.
6. Loan repayment
Loan repayment is the least recommended method. Never use it unless you have to. The interest cost and risk of the loan are much higher than the previous ones. You should understand which is more important. If you are really short of money, measure it yourself.
7. intelligent software repayment
since p>218, many repayment apps have sprung up, and the principles used are similar. According to Baidu, its main function is to make use of the balance of about 5%-1% in the card, and only need to make a repayment plan. The system will automatically recycle consumption repayment to achieve the purpose of full repayment, and at the same time charge a certain handling fee. The basic functions are bill management, local payment, free card application and cash withdrawal.
Advantages: With intelligent planning, it is convenient for users to use, and the cost and risk are lower than the previous ones. At the same time, it can beautify the bill, which will have a certain positive effect on the subsequent withdrawal.
Disadvantages: What needs to be guarded against is the irregular APP. If you run away, the repayment delay of the statement may be delayed, which will affect the credit, but it will have no impact on the assets. After all, you don't need your payment password.
To sum up:
1. If the amount is small and the funds are sufficient, you can use cash to repay;
2. Credit card cashing is recommended to be used as little as possible, after which the national monitoring will be stricter and the risk will be greater;
3. installment and minimum repayment costs are high, depending on your own situation and needs;
4. loan repayment is not recommended, which is really uneconomical unless there are special circumstances.
5. The agency is not very stable. If you don't know it very well, you don't recommend into the pit, and there is no uniform standard for fees;
6. The fee charged by APP for repayment is low, which belongs to an emerging industry with low risk and convenient repayment. You can try it.
personally, if the overdraft is small at present, I will pay it myself. If it is not big in installments, it is generally not needed. The minimum repayment and loan are unused. In case of overdraft, you usually use the APP created by Rong Yun, which was recommended by a friend before. It is ok to use. The cost is about tens of dollars a month, which is mainly to save trouble. You can choose different repayment methods according to your own situation. I have already introduced it in detail.