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How to calculate car installment purchase with Shanghai Pudong Development Bank credit card

The calculation method for installment car purchase with Shanghai Pudong Development Bank credit card is as follows:

First, you need to determine the total price of the car and the number of installments. Then, calculate the monthly repayment amount based on the interest rate table of Shanghai Pudong Development Bank Credit Card Installment Car Purchase, as well as your credit limit and repayment ability.

For example, suppose you need to buy a car with a total price of 100,000 yuan and choose 36 installments. If your credit limit is 200,000 yuan and the installment interest rate is 1.2%, then the monthly repayment amount is: (100,000 yuan/36 periods) + (100,000 yuan*1.2%/12) = 2,778 yuan.

It should be noted that frequent applications for loans or operations will increase personal credit risks, making applications more likely to be rejected. Therefore, before making a credit card installment purchase of a car, it is recommended that you first understand your personal credit status. You can learn about your personal credit risk index on "Xiaoqi Xincha". The higher the risk score, the easier it is for your application to be rejected.

I hope the above information can help you understand the calculation method of installment car purchase with Shanghai Pudong Development Bank credit card.