What’s wrong with the CCB credit card that doesn’t provide installment payment?

The CCB credit card doesn’t provide installment payment. It may be due to the following reasons:

1. The application time does not match. The amount does not match, the installment limit is insufficient, the credit card status is abnormal, the credit card is overdue or cashed out, the number of installments has been exceeded, the transaction type does not match, etc. If you do not know why you cannot apply for installment, you can call the service hotline of China Construction Bank Credit Card and transfer to manual service for consultation. of.

2. Most domestic banks have credit card installment services. Installments are generally divided into shopping mall (POS) installments, "mail order installments" and bill payments through the Internet, mail, etc. depending on the occasion. installment. It should be noted that if the credit card bill has not been settled, or the payment due date has passed, it cannot be processed.

3. Credit card cash cannot be withdrawn in installments. After withdrawing cash, interest will accrue on a daily basis, and the balance must be paid off in full within the specified time. In addition, for those who have used a temporary limit on a credit card, the temporary limit will be owed Installment is also not supported.

Bank card installment payment

Bank card installment payment means that when the cardholder uses a credit card to make large purchases, the bank pays the merchant a one-time payment for the goods (or services) purchased by the cardholder. ) consumption funds, and then allow the cardholder to repay the money in installments to the bank. To use bank card installment payment, you must first understand the application for this function, installment payment method, installment payment period, installment payment handling fee and other issues.

Bill installment is the most convenient installment method. Basically, all card-issuing banks can support this installment method, and the application is simple. Users only need to submit an installment payment application to the card-issuing bank by phone or other methods after swiping their card for consumption and before monthly bills are sent.

Bank card installment payment periods generally include six periods: 3, 6, 9, 12, 18, and 24. Installment fees are charged according to the number of periods. The total amount of the installment payment and the handling fee cannot exceed the available limit of the credit card account. The amount deducted in each installment is regarded as consumption in the current month and enjoys an interest-free repayment period.

The reason why the credit card cannot be installed in installments

The comprehensive score is insufficient, and the number of stages or time exceeds the limit. Some cardholders who are new to using credit cards may not be able to apply for installment due to insufficient overall score. In the subsequent process of using the card, the bank will comprehensively consider your card amount, frequency, and repayment status before deciding whether to provide you with the installment function. Some users with poor credit card swiping habits will also encounter this situation, such as frequent empty cards, abnormal credit card swiping times, abnormal card swiping times, etc. If the bank suspects cash withdrawals, they may also lose the installment authority.

The number of stages or time exceeds the limit. The number of credit card installments is limited. Generally, you can apply for bill installment within one billing day, and you cannot make another installment after the installment. In addition, there is a time limit for applying for installment payment. If you exceed the time limit, you will not be able to apply. The current month's bill installment can only be applied for in the current month. Cardholders can apply for bill installment business from the day after the current bill date to the last repayment date. After this time period, the current month's bill will not be paid in installments.

1. The reason why credit card cannot be installment is that part of the credit card cannot be amortized upon maturity. Credit card installment payments are usually limited to the amount of credit card purchases. Unpaid portions such as the minimum repayment amount, cash withdrawal amount, and temporary consumption limit cannot be applied for installment. The main reason why credit cards cannot settle accounts or pay cash in installments is that the bank's risk control limits the installment payment function due to the cardholder's own risk. Second, the number and amount of installments exceed the bank's limit or do not comply with the bank's installment regulations.

2. Due to the high overall debt of the cardholder, the use of the credit card installment function is limited. The overall debt of cardholders is too high. If the debt ratio exceeds 70% for more than three consecutive months, it is easy to be identified as a high-risk customer by the issuer. Generally speaking, the higher the debt, the weaker the corresponding repayment ability, and the greater the probability of overdue debt. In order to avoid risks, banks usually implement risk control on high-risk customers, thereby limiting the use of some credit card functions or even reducing the credit card limit.

3. Because cardholders have too many installments, the use of the credit card installment function is restricted. Although banks encourage cardholders to pay in installments, the installment repayment amount of cardholders' credit cards is too large, and most of them The installment is outstanding. Instead, banks worry about the cardholder’s ability to repay. In particular, long-term installments or long-term minimum repayments over multiple billing cycles are a bad sign of the cardholder's financial status.

Banks will never provide timely help to customers who are short of money. Banks will consider such customers too risky and may be overdue at any time. In order to avoid risks, banks usually strengthen risk control, from restricting cardholders' installment payment functions and withdrawal functions to reducing the amount.

4. The cardholder’s serious use of the card in violation of regulations has limited the use of the credit card installment function. Serious credit card violations generally refer to overdue credit card payments or obvious cash outs. Late payment beyond the credit card tolerance period is the most annoying behavior for banks. Occasionally one or two short-term overdue behaviors will not have any impact on the use of the credit card. If overdue behavior occurs frequently, the cardholder will become a person who lacks the spirit of contract in the eyes of the bank, and the risk level of the cardholder will increase, and it will be excusable for the bill installment application to be rejected. In addition, each bank is now Strictly control illegal cash out. Many cardholders are locked in dark rooms, or their use of credit card functions is restricted, or even reduced or closed. Much of this was due to cashing out. Therefore, the use of bank cards should be avoided as much as possible. Even if there is no penalty, the increase in the amount is quite detrimental.

What’s the matter with credit cards that don’t provide installment payment?

Instalment mainly charges handling fees. The handling fees of each bank are different. You need to know the handling rate to calculate it. Take China Construction Bank as an example. : If divided into 12 installments, the rate is 0.6% per installment:

The principal of each installment = 30,000/12 = 2,500 yuan.

The handling fee for each period = 300000.6% = 180 yuan,

The total *** handling fee for 12 periods = 18012 = 2160 yuan,

Each installment should be Repayment amount = 2500180 = 2680 yuan

Handling fee = installment principal and handling rate for each installment.

After the cardholder successfully handles a single installment, the corresponding credit card limit will be occupied, and the occupied limit will be restored phase by phase with the repayment of each installment until the last installment or all installment balances are paid off in advance.

For the single installment amount that has been successfully processed, the cardholder cannot apply for installment again and choose the lowest repayment method for repayment. If the cardholder fails to repay the remaining balance of the current period's bill on time after the application is successful, or the amount that should be amortized in any installment during the installment period is not fully repaid, it will be regarded as incomplete repayment, and interest or late payment fees will accrue.

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1. Is it risk control if the credit card does not provide installment payment?

There is indeed the possibility of being risk-controlled by the bank if the credit card does not provide installment payment, but it is not necessarily the case. It may just be because the customer has not met the installment requirements, such as:

1. The customer is not present Apply for installment within the specified time: For example, if a customer applies for bill installment, he or she needs to apply after the payment is made and before the repayment date. When the repayment date is reached, there is generally no way to apply again; If it is consumption installment, you usually need to apply for it after the consumption is recorded and before the billing date. The billing installment is applied after the billing date.

2. The applied installment amount does not meet the requirements of the card-issuing bank: Banks have requirements for the installment amount of credit cards. Many stipulate that the minimum installment amount cannot be less than 500 yuan, so if the customer’s consumption is less than If it is 500 yuan, then this consumption cannot be applied for installment. Also, China Construction Bank stipulates that the bill installment amount shall not exceed 90% of the total consumption amount in the issued bill, so if the customer wants to installment the entire card bill amount, it cannot be processed.

2. The best solution to credit card risk control:

Users should proactively contact the card-issuing bank to inquire about the reasons for credit card risk control; then solve the problem under the guidance of customer service; After the problem is resolved, the user can apply to restore the card to its normal status; after receiving the application, the card-issuing bank will re-examine the card. When the card meets the conditions for releasing the risk control, the card will be released from the risk control status. Therefore, after a credit card is subject to risk control, users should proactively contact the bank instead of waiting for the bank to automatically lift the risk control.

This is the end of the introduction to why credit cards cannot be paid in installments.