Why not buy a mobile phone in installments?

Because when we buy a mobile phone, if we use installment payment, the longer the installment time, the greater the amount of the first installment. In this case, when we buy a mobile phone, it will be very uneconomical.

First of all, installment generally bears interest. If you buy in informal channels, the installment interest will be high. If you use a credit card, the installment interest will not be very high. However, if you forget to pay the loan, your credit will be damaged.

Installment consumption is actually a consumption trap for individuals, especially interest-free installment. The 9600 mobile phone is divided into 24 phases, and each phase only needs 400 yuan. It doesn't seem to be much. In fact, the money you really want to pay back in the end is 9600 yuan, but many people's psychology is that there are not many 400 yuan every month anyway. It will be very painful to take out nearly 10 thousand yuan at once or to borrow money to get it out Think about it, but there is.

However, I personally suggest that there are interest-free installment services for JD.COM Baitiao and Tmall Huabai, which are often done. You can choose this way to buy a mobile phone, and it is not recommended to buy it in installments on the street. Interest is high and informal.