How to handle installment payment?

There are two ways to apply for installment payment:

Telephone application: the cardholder can call the bank credit card center to transfer to manual customer service and apply for cash installment from the customer service staff. According to your actual situation, choose the number and amount of staging. Just explain the debit card number and the loan reason to the customer service staff.

Online banking application: the cardholder logs into the bank official website and chooses to apply for cash installment. Choose the number and amount of installments according to your actual situation, bind the debit card, and indicate the reason for borrowing.

Extended information installment payment

Installment payment is mostly used for some product transactions with long production cycle and high cost. Such as complete sets of equipment, large vehicles, heavy mechanical equipment and other products.

Installment payment means that after the import and export contract is signed, the importer pays a small part of the payment to the exporter as a down payment, and most of the rest is paid in installments after part or all of the products are produced and shipped, or after the goods are installed, debugged, invested and guaranteed. Payment methods for purchasing goods and services.

The buyer and the seller sign a contract at the time of transaction, and the buyer pays the goods and services to the seller in installments within a certain period of time. The date and amount of each payment are stated in the contract in advance.

Market implication

Installment payment is actually a loan provided by the seller to the buyer. The seller is the creditor and the buyer is the debtor. The buyer can get the goods or services he needs only by paying a small amount of money, but because the interest is included in the future installment, the amount paid for the same goods or services by installment is more than the amount paid in one lump sum.

On the one hand, installment payment can enable the seller to complete the promotion activities, on the other hand, it also provides convenience for the buyer.

behavior characteristics

Installment payment means that after the import and export contract is signed, the importer pays a small part of the payment to the exporter as a down payment, and most of the rest is paid in installments after part or all of the products are produced and shipped, or after the goods are installed, debugged, invested and guaranteed.

Installment payment is actually a loan provided by the seller to the buyer. The seller is the creditor and the buyer is the debtor. The buyer can get the goods or services he needs only by paying a small amount of money, but because the interest is included in the future installment, the amount paid for the same goods or services by installment is more than the amount paid in one lump sum.

The buyer and the seller sign a contract at the time of transaction, and the buyer pays the goods and services to the seller in installments within a certain period of time. The date and amount of each payment are stated in the contract in advance.

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