Taking Guangfa Credit Card as an example, the consumption installment means that the cardholder can apply for repayment of the principal and handling fee by installment when the single consumption amount is ≥ 100 yuan and before the current bill date (inclusive). You can freely choose 3/6/ 12/ 18/24 installments, and the handling fee for each installment is only 0.88%/0.7%/0.7%/0.72% of the transaction principal, and the annualized interest rate is 15.77%/65438+.

Example: the consumption of a single application is 10000 yuan, divided into 12 installments, and the repayment amount of each installment is =10000/12+10000 * 0.007 = 903.33 yuan. The handling fee rate of each period and whether it can be successfully handled according to the corresponding number of periods and the initial amount shall be subject to the audit results.

If you need to know/handle the consumption staging, please log in to "Discover Wonderful APP→ Home Page → Headphone in the upper right corner → Enter" Consumption Staging ".

(Reply time: 65438+February 4, 2020. Please refer to the latest business changes announced by Guangfa official website. )