Experts help answer installments not mortgage 100

Nowadays, the loan method is more and more diverse, and many people will choose to pay in installments if their consumption is relatively high, because they don't have to spend too much at one time, and they can repay some every month, but do you know that installment payments also need to be paid attention to, because if you are not careful, you will be set off.

Routine 1: False propaganda.

This situation is for example, if you log in to a** to buy a poor macro cover an electrical appliance, at this time you see a **advertisement, saying that during the **activity if you use a certain credit card to consume, you can enjoy zero interest rate, zero handling fee, zero down payment and so on, the purchase of goods can also enjoy a month of price protection, then you will be tempted, in fact, this is a routine, if you use the bank's card to swipe the card, not only can you not pay in installments, and the interest rate will not be 0, Because for them, ** is just a means, and when things are sold, it is another way to say that the banquet method is false, and this kind of propaganda does not match the reality, which is still more common in today's life, so we must see the facts clearly.

Trick 2: It's hard to ask for a refund.

For example, a friend of mine needs to take the exam for their vocational skills, so he signed up for school with an intermediary company, they promised that they could get this in 2-4 months, the tuition fee is 4880 yuan, and it can also be installment, you need to pay 1000 yuan first, but after paying the money, he has been waiting for the notice, but there is no information, and then asked them to refund, but they said that the school enrollment is more nervous, but they can make an appointment immediately, every time they ask, it is so, but it is more difficult to ask for a refund than to ascend to the sky. This kind of difficulty in requesting a refund is also very common, so be sure to check the company's reputation before paying.

Routine 3: There is a possibility of encountering additional interest.

Another problem that needs to be paid attention to in installment payment is that sometimes if you ask for early repayment, the repayment cost will usually be very high, and in addition, if you forget to repay the installment payment, there will be additional interest and late fees.

Therefore, when we shop online, especially when we encounter quality problems with goods, it is still relatively difficult to refund, so we must do our homework first and be careful of falling into the trap.

The difference between installment and mortgage payment.

1. The difference between installment payment and mortgage payment is: the term of installment payment is generally not more than 1 year, and the object of submission and modification of installment repayment is the developer, and no interest is paid; The mortgage not only has a long term, but also the repayment object is the bank, and the interest must be paid;

2. Mortgage Specifically, a mortgage loan refers to a loan obtained from a bank by the buyer using the purchased building as collateral, and the buyer pays the bank in installments according to the repayment method and term specified in the mortgage contract; Banks charge interest at a certain interest rate. If the lender defaults, the bank has the right to take possession of the house.

3. Installment payment is mostly used in some product transactions with long production cycle and high cost. Such as the export of complete sets of equipment, large vehicles, heavy machinery and equipment, etc. Most of the remaining payment is paid in installments after the product is partially or fully produced and loaded into the ship, or when the installation, commissioning, investment and quality assurance period expires.

If you apply for a loan through a savings card, there is no difference.

Golden Harvest Credit Card launched the "516 installment" business.

In response to customer needs, the Agricultural Bank of China has comprehensively improved the service level of Jinsui credit card on the basis of integration and innovation, and recently launched the "516 installment" business of Jinsui credit card, with a repayment period of up to 24 months.

The "516 installment" business of the Golden Harvest Credit Card is convenient to handle, and the cardholder can apply for interest-free installment payment by calling the 800 customer service of the Agricultural Bank of China 3 days before the due repayment date of the bill of the Golden Harvest Credit Card. Agricultural Bank of China provides 3 months, 6 months, 9 months, 12 months, 24 months of consumption installments, cardholders can freely choose the number of periods, each period of handling fee rate is 6, in addition, you can also handle a rollover business within the specified time, "516 installment" The biggest highlight is that the handling fee is charged according to the actual number of repayment periods, for cardholders, more flexible and affordable, its main features can be summarized in "516" (I want to be happy), that is, "more than 500 yuan can be installment, a total of 5 kinds of installment period options, 1 time** You can complete the application, and you can receive SMS confirmation after 1 day, with a fixed handling fee of 6/1000 for each period".

Hello: No, a mortgage is a kind of mortgage loan, you buy a house and pay a down payment and mortgage the house to the bank, and the bank gives the full amount to the developer, which is equivalent to you borrowing money from the bank to buy a house, and then repaying it to the bank every month, so that your monthly burden is smaller. Installment payment is a contract signed between the buyer and the seller at the time of closing, and the buyer pays the seller in installments for the goods and services purchased within a certain period of time.

The date and amount of each payment are written in the contract in advance, which is a direct deal with the developer, and generally speaking, it will not require you to pay it month by month, but it will be paid in several times, such as 30% first, 30% when capped, and paid when handing over the house.

That's right, it's equivalent to installment payment and monthly payment.