What are the advantages and disadvantages of buying a mobile phone by stages?

Of course, the advantage of buying a mobile phone by stages is that you can buy a mobile phone with a small sum of money every month, and the pressure is not great. But the shortcomings are also obvious!

First of all, installment usually bears interest. If you buy in informal channels, the interest on installment will be high. There are many problems about installment loans now.

Second, if you use a credit card to pay interest in installments, it is not very high, but if you forget to repay, your credit will be damaged.

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.