This has a great impact on students' psychology. In fact, it is a kind of restraint on excessive consumption. We all know that the function of a credit card is to allow overdraft for consumption. That is to say, when the balance in the card is zero, due to special reasons of the credit card, students can overdraw the credit card limit for consumption. The same goes for offering installment plans, where the price of an item is divided into payments over multiple months. Nowadays, many students like to use this kind of installment payment. For example, for an item worth 1,000 yuan, a one-time payment of 1,000 yuan is required. For students, the financial pressure is great, and it is difficult to afford it or The price is high. But through installment, one thousand yuan is divided into five months, and students can afford to pay two hundred yuan a month. It seems simple, but in fact it is a big test for people. Many installment items require very low monthly prices after installment, which causes many people to purchase installment products multiple times. Then there will be financial problems. Things that seem cheap are actually not cheap when they are accumulated every month.

In particular, the rapid development of the modern Internet has made our understanding of the world broader. Many students wear trendy brands, and a pair of shoes can cost as much as one or two thousand. Many students purchase in installments, or even use their credit card limit to purchase. Tragedy can easily occur at this time. Some students cannot afford these products, but they will choose to buy them in installments for the sake of their own dignity. Sometimes when financial problems arise, you will be unable to pay, and the consequences will be serious. So some students will borrow loans such as campus loans, and eventually fall into the abyss.

So this kind of behavior will greatly affect the psychology of students, curb the psychology of excessive consumption, and also prevent such behavior. Excessive consumption requires a lot of self-control, but students rarely have such ability, so it needs to be banned.