How about CCB’s installment plan?

The overall evaluation of CCB’s installment plan is fair. Taking 12 periods as an example, the monthly handling rate is only 0.29, and the actual total cost in one year is 3.48. However, this is not equivalent to the annual interest rate. The actual annualized interest rate is about 6.3629. It is mainly aimed at customers with good credit, stable income and standardized consumption behavior. It provides pre-credit in installments in advance so that they can enjoy installment payment services for daily large purchases and can use them at designated merchants.

In contrast, CCB's personal credit product - CCB Quick Loan, is a completely online service. Customers can complete loan applications and approvals only through CCB's electronic channels. , signing, loan and repayment, etc., which greatly facilitates the user’s loan experience.

China Construction Bank, founded in 1954 and officially changed to its current name in 1996, is a large state-owned bank managed by the central government and has an administrative level of deputy ministerial level. Headquartered at No. 25 Financial Street, Beijing, it has a wide range of business, covering companies, individuals and financial services. It has branches in 29 countries and regions around the world, and is also involved in funds, leasing, trusts, insurance, investment banks, futures, etc. financial field.