Users who use credit card installments to purchase mobile phones must pay the entire amount in one go. After the merchant receives the full payment, it sells the phone to the user, and the payment is not made in installments, but in installments. Therefore, mobile phone installment requires that the current available credit card amount is greater than the price of the mobile phone. If the amount is not enough, installment cannot be carried out.

In addition, installment fees need to be paid after the installment, which will increase the repayment burden, which users need to consider clearly.

Can I buy a mobile phone in installments if I don’t have credit card money?

If the credit card has no available limit or the available limit is insufficient, you will not be able to purchase a mobile phone in installments, because credit card installment payment does not mean first installment and then paying the amount in each installment. Instead, the credit card directly transfers the amount required for consumption. The amount is paid to the seller in one lump sum, and then the user repays it in installments. Therefore, if the limit on the credit card does not reach the amount required for consumption, the credit card will not be used for installment.

In this regard, it is recommended that customers check whether there is any outstanding bill balance on the card. If so, they can pay off the outstanding bill balance first and then restore the amount after the payment is completed. After reaching the required consumption amount, go for installment shopping.

In addition, customers can also apply for a temporary quota from the card issuing bank. After the temporary quota is issued and the card limit is increased, customers can purchase mobile phones in installments. However, it should be noted that the temporary limit of a credit card has a period of use, and the temporary limit used will be fully included in the minimum repayment amount of the bill. Customers should remember to pay it off in time to avoid overpaying and affecting personal credit.