If the cash is paid in installments, there will be no credit. It's okay to be careless once in a while. If it is overdue for three times or more than 90 days at a time, it will produce bad credit information and affect personal credit.
Cash installment can be divided into 3/6/10/12/18/24, which belongs to China merchants bank, and the rates are 0.95%, 0.80%, 0.75%, 0.75% and 0.75% respectively. The frequency and rate of cash installment in different banks may be different. After handling, a handling fee is required for each installment, and the handling fee = installment amount * handling fee rate for each installment.
Extended data:
Too much overdue will definitely have an impact and will be recorded in the credit information system. After all, it is the credit card installment of big banks, and this will definitely be connected with credit reporting. But if you pay back the money normally, there is no problem.
Cash installment can be used for daily consumption and shopping, but not for investment, stock purchase and term loans.
This is stipulated, and the bank that handles cash installment can check the consumption voucher at any time. After using cash installment payment, you should keep this voucher for the bank to check. If not, you may breach the contract.
References:
Baidu encyclopedia-installment payment (transaction payment method)