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What does the credit card installment limit mean?
With the increasing use of credit cards, credit card quota is a topic that cardholders are very concerned about. Many people will have credit card installment quota when using credit cards, so what does credit card installment quota mean?

What does the credit card installment limit mean?

Credit card limit refers to the maximum amount that a credit card can use, including credit limit (that is, the maximum amount that a credit card can overdraw) and the amount deposited in the credit card. Credit card installment quota refers to credit card usage quota and installment consumption quota, which means that credit cards have certain installment consumption quota, and that installment consumption quota is credit card installment quota.

Credit card available line refers to the unused credit line of credit card. The available amount will decrease with each consumption of the cardholder and recover with each repayment of the cardholder.