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What does it mean to buy a mobile phone 12 interest-free period?

Interest-free installment 12 means that the purchase can be paid in installments 12 does not bear interest. But only if the product supports segmentation. For example, if you buy a product, the price is 3600 yuan, which supports 12 interest-free payment, then you pay 300 yuan a month, totaling 3600 yuan, with no interest.

If you don't have enough money to shop online and need to buy big items, you can try to reduce the pressure by installment and use the goods you need as soon as possible. The number of periods is generally divided into 3 periods, 6 periods, 12 periods and 24 periods. Different shopping platforms or payment methods have different installment times and interest rates. Please refer to the page displayed when paying.

This answer is provided by Kangbo Finance, focusing on the interpretation of financial hot events, the popularization of financial knowledge, the pursuit of professionalism and interest, so that the financial content that the people can understand can convey financial value in vivid and diverse ways. I hope this answer is helpful to you.