1. Consolidated installment refers to combining two or more purchases together for installment. Consumption installment is only for a single consumption and is a different concept from bill installment. The act of merging two or more companies into one company by contract or statute. Company mergers include two forms: absorption mergers and innovative mergers: the former refers to the merger of two or more companies, in which one company becomes a surviving company by absorbing other companies, and the latter refers to the merger of two or more companies. Companies merge to create a new company.

2. Pay by Installments is mostly used in product transactions with long production cycles and high costs. Such as the export of complete sets of equipment, large-scale vehicles, heavy machinery and equipment and other products. The method of installment payment is that after the import and export contract is signed, the importer first pays a small part of the payment to the exporter as a deposit, and the rest of the payment is paid after part or all of the product is produced, shipped, or after the goods arrive for installation and test run. , investment and repayment in installments when the quality guarantee period expires.

: Credit card users can complete combined installments by directly selecting installments when repaying. However, consumption installments are only for single consumption and bill installments are different concepts. However, users can also choose to continue to make bill installments after consumption installments. In addition, after selecting bill installments, users must also select the number of installments. Most credit cards launched by banks support consolidated repayments, but it is generally not recommended that you choose this method. Because the repayment dates of each credit card are different, the repayment pressure can also be divided equally into different dates. Of course, if you use credit cards properly and combine repayments, you can also get a longer interest-free period. There are two types of credit card installments, one is bill installment and the other is consumption installment. Bill installment is to divide the amount on the bill date into installments after the bill date, while consumption installment can specify one or several consumption amounts for installment. If you feel that the bill installment amount is relatively large and the handling fees are high, you can make consumption installments, but it is recommended that the amount of each installment should not exceed 80% of the credit card limit