2. Large-sum special installment business is a personal mortgage-free credit loan business provided by banks according to customers' specific consumption needs and comprehensive customer quality. It greatly meets the consumer demand of customers and reduces the economic pressure of customers. Business advantages mainly include: zero down payment, low rate, simple procedures and fast loan. Consumption types mainly include: car installment, home improvement installment, wedding installment, parking installment, education installment, etc. To solve the problem of large consumption, I hope to spend in advance, but I am worried about the lack of funds at hand.
3. According to the specific repayment methods, installment loans can be divided into complete installment repayment methods and partial installment repayment methods.
1) Full installment and equal repayment means that the loan principal and interest are paid regularly according to a certain amount, instead of paying the principal and interest in one lump sum on the maturity date; It can make the lender reduce the risk caused by the borrower's inability to repay the loan at maturity.
2) Partial installment repayment method refers to the method that some loans are repaid in equal installments, and the rest loans pay interest in installments, and the principal is repaid in one lump sum.
1. The so-called "credit card special installment" is actually a phased business in which banks provide a credit line in addition to their credit line to meet the large consumption needs of credit card holders, so that customers can repay on time. For example, CCB has launched special installment services such as automobile installment, decoration installment, study abroad installment and installment service for customers who have purchasing demand for household durable goods, automobiles, home improvement, tourism, studies and other goods and services. After the cardholder applies for a large special installment of the credit card, the bank will directly issue the money to the card after it is approved. After the payment is received, the customer can use it. However, this fund can only be used for specified purposes and cannot be used for other purposes, especially real estate and wealth management investment, which is prohibited by banks. So sometimes, banks may need customers to provide proof of consumption to prove that they use their funds for specified purposes. If the customer has a credit card and has a good credit record and personal credit, he can try to handle large-sum special installment business at the issuing bank.