How to calculate the monthly interest for the CCB Installment Pass of 150,000 points in 60 installments? In fact, CCB Installment Pass is a large-amount special installment quota based on a credit card. It is also a type of credit card installment business, but the quota and the credit card limit exist independently and do not affect each other. Credit card installments do not require interest, that is, they are interest-free but not free. After application, you must pay a certain handling fee every month, and the rate is related to the number of installments. CCB Installment Pass has several installment options including 6, 12, 18, 24, 36, 48, and 60 installments. No matter which installment you choose, the monthly handling fee is the actual rate shown on the page when applying. . The formula for calculating the handling fee for each period after the cardholder applies for installment payment is: the amount of handling fee payable in each period = the actual installment amount × monthly handling rate calculation. For example: Assume that the CCB Installment Pass is divided into 60 installments of 150,000, and the principal repayment and handling fee in each installment are as follows: 1. The principal repayment in each installment: the principal of the Installment Pass is 150,000, divided into 60 installments, and amortized equally to each installment The principal is 150,000/60=2,500 yuan; 2. The repayment fee for each installment: the principal of the installment plan is 150,000 yuan, and the handling fee for each installment is 150,000* yuan per month. It should be reminded that the CCB Installment Pass handling fee is calculated based on the principal of 150,000 yuan, no matter how many installments have been repaid. Even if it is the last installment, a handling fee of 750 yuan will still have to be paid. Calculated like this , the handling fee for the installment pass is still quite high, and after application, you need to use the installment pass card to swipe it out. Even if you don't swipe it, you still have to repay it. The above is the relevant introduction to "How to calculate the monthly interest of CCB Installment Pass 150,000 points in 60 installments". It is recommended that you decide whether to use the installment pass based on your own needs. Don’t regret it and it cannot be canceled when the application is successful. Although you can repay the loan in advance, you will have to pay liquidated damages.