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Guangfa credit card installment advance repayment

Time: 2016-12-06         Source: Financial 360 finishing         Author: 360 Financial consolidation

In fact,Guangfa Credit CardThe interest-free instalment repayment service provides users with four periods, namely: 6 months, 12 months, 18 months, and 24 months; the fee standard is calculated based on the principal of the application, and the fee for the corresponding period is specific. For: 0.65%, 0.65%, 0.7%, 0.72%. GuangfaCredit card stagingThe principle of payment of repayment fee: (1) the principle of monthly payment for installment fees shall be adopted on a monthly basis; (2) if prepayments are made in instalments, the unpaid remaining number of fees will be charged at the time of early repayment; (3) Guangfa credit card repayment can be repaid in advance, if you call for early repayment, if you callGuangdong Development Bank Credit Card CenterIf you do records, you only need to pay an additional installment fee, so you can avoid the following fees. When dealing with instalments, everyone should also be clear that they need to pay a one-time fee or charge it in installments. It needs to be understood that regarding the issue of fees, no matter which payment method you use, you only need to select the number of periods and the fee will be Can not change, even if the early repayment, the fee is not less than one point. After the period, even if there is early repayment ability, it cannot reduce the cost of the installment.

In recent years, various banks have launched credit card installment payments. This business model allows the customer to call the bank to apply for a payment instalment service after the customer has taken up the credit card to reduce the pressure of one-time repayment due. There are two main types of installment payments: one is billing instalments, that is, customers apply for installments for the total amount of consumption incurred during the billing period; the other is single application for installment payments. The two installment services generally require the customer to call before applying for billing. Banks are keen to push credit card installment payments because they can charge a fee. Although the bank does not charge interest, it uses a fee instead, and the fee rate is linked to the time limit. The shorter the time limit, the higher the fee rate. According to industry sources, the one-time processing fee was previously required to be paid in advance at the time of application. Credit card installment service fee collection method is obviously beneficial to customers, but the method of early repayment still needs to pay the remaining processing fee. Humanization measures have been discounted. At present, there are no similar provisions for other credit services such as home loans. Banks charge customers who repay in advance only one month of interest as liquidated damages.

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