I received an installment invitation from China Construction Bank. I'd like to ask about the staging of China Construction Bank, and how much is the handling fee interest?

Summary: CCB staging is not bad. Taking 12 installment as an example, the monthly fee rate is 0.29% and the annual fee rate is 3.48%, but it must not be understood as the annual interest rate of 3.48, and the actual annualized interest rate is about 6.3629%.

CCB installment service is an installment payment service for customers with good credit records, stable professional income and normal consumption behavior. CCB has granted them a special installment pre-credit line in advance to meet the daily demand for large-scale consumer credit, and customers can spend at designated merchants after successfully handling it.

CCB Express Loan is a full-process online self-help loan for individual customers launched by CCB. Customers can complete loans online through electronic channels of CCB, including real-time application, loan approval, contract signing, withdrawal and repayment.

China Construction Bank, formerly known as People's Construction Bank of China, was established in June 1954+ 10/(later renamed as China Construction Bank on March 26th, 1 996).

The head office is located at No.25, Financial Street, Beijing. It is a large state-owned bank managed by the central government and a national deputy ministerial unit. The main business areas of China Construction Bank include corporate banking, personal banking and treasury business, with branches and subsidiaries in 29 countries and regions, and subsidiaries in many industries such as funds, leasing, trust, life insurance, property insurance, investment banking, futures and pension.