Now, no matter what bank handles the credit card, once it is used, it needs to be repaid. If it is overdue, it will not only affect your personal credit, but also charge liquidated damages. And if the user chooses to repay by installment, he will charge a certain fee, so can the credit card installment fee be recovered?

Credit card installment payment

It is possible to recover the handling fee, but the refund rules of different banks are different. At present, the general rules for recovering credit card installment fees are as follows: full refund: installment cancellation, full refund of fees, will be added to the user's bill; Partial refund: when refunding, the bank cancels the original installment payment and restarts the installment payment transaction with the remaining amount, and the number of installments remains unchanged; Recalculate the installment amount: (total installment amount-refund amount-repayment amount)/total number of installments.

Credit card installment fee is different from interest. Installment fee is the fee charged according to the number of installments selected by the cardholder after the cardholder applies for installment payment business. The credit card installment fee rate stipulated by different banks will be different, and the installment payment business and installment fee rate are also different.