Installment 12 handling fee: 0.66%/ installment, monthly repayment =10000/12100000.66% = 900 yuan.
The loan term can be 3/6/ 12 months, and the interest will be calculated on a daily basis for 360 IOUs. The monthly interest will decrease month by month, that is, the loan 1000 yuan, 1 day interest is only 0.03%, and the minimum daily interest is 0. Users do not charge any handling fee for prepayment, and the annual interest rate is as low as 10.8%.
Common credit card withdrawals in the market charge interest at a daily rate of 0.05% in addition to 1% of the cash withdrawal amount, which is equivalent to an annual interest rate of about 18%. Considering that many users have prepaid needs.
Extended data:
Precautions:
Before you know the number of periods and handling fees, you must calculate the number of periods according to your own economic situation. If the installment is too short, the repayment pressure is still great, and it will be miserable if you don't get it in the end. If the installment is too long, the user will lose too much, because the longer the installment, the more the total handling fee will be charged.
After the installment is successful, it cannot be cancelled. Once the application for bank credit card installment is successful, it cannot be cancelled. Even if you are able to repay all the debts now, the previous expenses must be paid in full. Moreover, after the installment, the credit card's available quota will also be occupied, and the available quota will be restored for each part.
When handling the installment, users should be clear whether they need to pay the handling fee in one lump sum or collect it in installments. It should be understood that regarding the handling fee, no matter which payment method you choose, as long as you choose the number of installments, the handling fee cannot be changed. Even if the repayment is made in advance, the handling fee is indispensable. After the installment, even with the ability to repay in advance, the installment cost cannot be reduced.