What does 12 interest free mean, what does 12 interest free mean

No interest for 12 months.

Definitions

Interest-free installment payment means that the bank cooperates with the merchant to provide a certain product or service to the credit card holder, and the bank first pays the full amount of the product purchased by the cardholder to the merchant in a lump sum.

Interest-free installment refers to the cooperation between the bank and the merchant to provide a certain product or service to the credit card holder, and the bank first pays the full amount of the product purchased by the cardholder to the merchant in a lump sum, and then the cardholder uses the credit card to repay the bank in installments, as long as the installment amount of the current period is repaid before the due date of each month, no interest is paid.

PrecautionsIt's not completely free, and you have to pay a certain fee to the bank.

The ** of the goods they buy is higher than the market **.

12 interest-free installments refers to a transaction method in which the installer does not need to pay for a product or service, as long as it is paid in installments within 12 months. In addition to the principal, this transaction method does not need to pay interest, and the interest is borne by the shopping platform. Users can shop first and pay later, and large items can also be paid in installments, month by month.

There are three ways to shop online without interest.

1. Credit Cards.

As long as you have a fixed job and a stable job income, you can go to major banks to apply for a credit card, and the amount of the credit card is judged according to the user's spending habits and consumption level. Spend first and repay laterThis is the characteristic of credit cards, which are widely used, as long as you repay the money within the repayment period.

Second, Jingdong white strips.

JD Baitiao is a "white strip" payment method launched by JD.com.

It has promoted consumption, shopping first and paying later, and you can also repay in installments to attract many users. And it's easy to apply, generally as long as members who have bought something in Jingdong can apply for JD Baitiao, but the size of the quota is different, and the more you consume, the higher the amount.

3. Tmall staging.

This is a business launched by Tmall joint merchants that allows consumers to stop chopping, and achieves an unprecedented three phases of free handling fees.

12 interest-free installments means that you can pay for something you buy in 12 installments and no interest is charged. However, the premise is that this product supports staging. For example, if you buy a product, ** is 2400 yuan, and supports 12 interest-free payments, then it is a monthly payment of 200 yuan, a total of 2400 yuan, without interest.

Extended information: 1. Interest-free installment refers to the cooperation between the bank and the merchant to provide a certain product or service to the credit card holder, and the bank will first pay the full amount of the product purchased by the cardholder to the merchant in a lump sum, and then the cardholder will use the credit card to repay the bank in installments, as long as the installment amount of the current period is repaid before the due date of each month, no interest will be paid. Note: It is not completely free, and you will have to pay a certain fee to the bank.

The ** of the goods they buy is higher than the market **.

2. With the improvement of China's financial services and the change of people's consumption habits, the installment consumption that is popular abroad has been introduced into China and quickly recognized by domestic consumers. Installment payments are usually used by young people who are currently less able to pay, but have spending needs. The products it consumes are usually laptops, mobile phones, digital products, etc.

Installment payments are usually offered by a bank and an installment payment provider**.

3. After handling the credit card installment business, if the cardholder has a loose hand, it may not be cost-effective to apply for early repayment. This is due to the fact that some banks still charge a handling fee for early repayment users. According to a customer of a state-owned bank, according to the latest regulations of the bank, the cardholder has successfully handled the bill installment, if the application for early repayment, the cardholder will terminate the installment business after confirmation by the bank, and the installment handling fee that has been charged will not be refunded.

At the same time, the cardholder is required to pay all the remaining principal and handling fees in a lump sum.

4. Which payment method is better? Which payment method is more cost-effective?

In fact, there is no absolute right or wrong between the two methods, and different payment methods should be chosen according to different situations, which vary from person to person and from item to item. The answer to this question depends on the specific situation.

Before choosing a payment method, we can first look at the following aspects to decide which payment method to use – the interest on the borrowed money, the repayment period, and the repayment method.

24 interest-free installments means that you can pay in 24 installments without interest. "24 interest-free" is generally a preferential activity launched by the platform, if a product has this preferential activity, then when purchasing the product, you can choose to pay in 24 installments without paying interest, and repay the principal in installments. If you don't have enough money when shopping online, you can try to pay in installments, depending on the payment method and interest rate, please refer to the page at the time of payment.

24 interest-free installments means that you can pay for something you buy in 24 installments and no interest will be charged

However, the premise is that this product supports staging. For example, if you buy a product, ** is 3,600 yuan, and supports 24 interest-free payments, then it is a monthly payment of 150 yuan, a total of 3,600 yuan, without interest.

If you're running low on cash for online shopping and need to buy big-ticket items, try paying in installments to reduce stress and get early access to what you need. The number of installments you choose is generally divided into 3 installments, 6 installments, 12 installments, and 24 installments, and the number of installments and interest rates vary depending on the shopping platform or payment method, please refer to the page display at the time of payment.

Precautions

24 interest-free installments is a preferential offer provided by many credit products, customers can enjoy interest-free discounts if they choose to pay in installments for 24 installments when using these credit products to purchase goods, and then only need to repay the principal in installments without interest. Like Ant Huabei, Jingdong Baitiao, etc., all have this discount, and many people will use 24 interest-free installments to buy mobile phones in installments.

You don't have to worry, if you say it's interest-free, it's really interest-free. The 24 interest-free installments launched by the credit products of licensed financial institutions will not be under the banner of interest-free, and some other handling fees, service fees and other fees will be charged, and there are no such routines. Unless the customer goes to some platform that has not been approved by the CBRC and does not have a financial license, then he may be deceived and charged some additional fees.

First of all, naturally only if you choose to divide into 24 installments can you be interest-free, if you choose to divide into 12 installments, 18 installments and other periods, then it will not be interest-free.

Secondly, the 24 interest-free offers generally have a specific range of products, and if the product does not display the 24 interest-free offers when the user is shopping, it will naturally not be interest-free when paying in 24 installments.

Also, before paying, you should see if you have checked the 24 interest-free offers, if you don't check it, it will still not be interest-free.

24 interest-free installments, that is, 24 installments of the loan, do not require interest. But there is a processing fee and it is a bit high.

Introduction: Interest-free installment payment is not very preferential compared with cash purchase, because when the official or well-known ** launches the original price installment, other formal channels can also launch greater cash discounts. However, for consumers who lack cash, the huge benefit of interest-free installments is the exemption of a heavier proportion of installment fees.

Under normal circumstances, installment requires an installment handling fee, because the installment company bears the risk, so a certain handling fee needs to be charged, and 24 interest-free installments mean that the installment is free of handling fee for 24 months. Generally, during the Double 11 event, many products will participate in this 24-phase installment event.

24 interest-free installments means that you can pay for your purchase in 24 installments with no interest charge. Supplementary information: 1. For example, if you buy a brand of mobile phone product in Jingdong**, it is 3600 yuan, and it supports 24 interest-free payments, so it is a monthly payment of 150 yuan, a total of 3600 yuan, without interest.

2. Interest-free installment refers to the cooperation between the bank and the merchant to provide a certain product or service to the credit card holder, and the bank will first pay the full amount of the product purchased by the cardholder to the merchant in a lump sum, and then the cardholder will use the credit card to repay the bank in installments, as long as the installment amount of the current period is repaid before the due date of each month, there is no need to pay interest.

That is, when you borrow money from a lending company or pay in installments, there is a limited return time, generally speaking, the first period is calculated according to one month, and you need to repay a certain amount of principal and interest every month. Therefore, the 24-period interest-free means that only the fixed principal needs to be repaid in 24 months, and no interest is required.

24 interest-free installments mean that you can divide the amount you need to pay into 24 equal installments each month until you pay it off, without deducting other fees.

That is, there is no interest in 24 installments, and only the principal needs to be repaid.

It is divided into 24 installments and does not require additional interest.

To put it simply, there is no interest for 24 months.

The meaning of 6 interest-free installments is that when you pay in installments, you can repay the first 6 installments without paying installment interest or installment service fee.

Generally, the premise of 6 interest-free installments is that the purchased goods support installment payment, and the number of installments is not less than 6 installments.

Generally, the number of installments available is divided into 3 installments, 6 installments, 12 installments, and 24 installments, which are subject to the number of installments available on the actual page.

It is important to note that if you choose to pay in installments and then make the minimum payment, the remaining unpaid amount may not still be eligible for interest-free treatment.

The specific situation varies according to the regulations of different shopping platforms and different payment methods, and the final amount displayed on the page shall prevail.

6 interest-free installments means that when the user chooses to pay in installments, then there is no need to pay the installment fee for this installment. In fact, interest-free installments are usually provided by merchants, and interest-free installments will only be available during the active period and ** period. Therefore, if the goods that the user wants to buy happen to be interest-free in 6 installments, then the user can try to choose to repay the loan in 6 installments.

In addition, whether the user wants to handle the installment business depends on the user's economic situation, and the liquidity of the funds will be enhanced after choosing the installment.

Extended Information] To put it simply, the 6 interest-free periods of Baitiao are one month, a total of six months.

In addition to providing 6 interest-free services, JD Baitiao also has 12 interest-free services and so on. The number of installment periods that can be selected by the white bar is mainly 3 periods, 6 periods, 12 periods, 24 periods, and 36 periods (subject to the page display).

When customers use white strips for consumption, they can choose the appropriate number of installments according to their own needs, and the service rate of each installment of white strips is generally between to (if you choose a specified interest-free period, you will naturally enjoy interest-free discounts when repaying, and you do not need to pay installment handling fees).

In addition to making installment payments at the time of the transaction, customers can also choose to pay in a lump sum with a white slip and then apply for a bill installment when the bill comes out.

6 interest-free installments is a 30-day period, 6 interest-free installments is a way to pay in installments, the repayment amount is divided into 6 installments to repay, each installment is a month, according to the selected 6 installments to repay the principal, no interest is required. When repaying in installments, it is necessary to pay attention to the repayment period to avoid overdue repayment, which will directly affect subsequent repayment.

Loan products are all earned through interest, and when the borrower applies for an online loan product, the handling fee and interest are the fees that the applicant must pay. You can choose installment music, most of the current installment music is basically installment products, and installment music is much more reliable than other loan products.

The 12-installment interest-free of white strip means that the user's white strip applies for repayment in 12 installments, during which only the principal of the loan needs to be repaid without the installment handling fee.

When the user's repayment ability is insufficient, the user can use the 12-period interest-free discount to reduce the repayment ability. Of course, as long as the white strip is used, the user needs to repay the loan on time.

If the user is overdue, the overdue interest will not be reduced.

In addition to providing users with the convenience of buying now, paying later and installments at will, Baitiao has launched the official creative product store - Time Grocery Store, which adheres to strict aesthetic standards and quality standards to create and select a variety of beautiful and interesting life gadgets for users, and jointly establish a healthy and high-quality life attitude with young people.

Jingdong white strips. While bringing convenience to users, it also pays great attention to the security of users being stolen by JD Baitiao. In the whole process of account login, activation, transaction, information modification, etc., JD Digital.

Tiance decision engine system.

Tiandun account security and anti-fraud system and Tianwang transaction risk monitoring system conduct background security scanning and real-time calculation of each account behavior, identify malicious behaviors and high-risk orders, and connect with the first-class distribution system to achieve the last mile of delivery for high-risk orders.

Interception, Jingdong white strip anti-theft brush is a unique advantage in the industry.

Set up a green channel for feedback on fraud problems in the service, and establish a special processing process, JD Finance.

Customer service will give priority to verification and processing. For users who are determined to have been stolen, they will be exempted from repayment responsibilities, and special treatment will be given to relevant accounts, which will not affect the user's credit investigation.

JD Finance will not allow black industry elements to go unpunished and infringe on the interests of consumers. For the discovered large-scale and cumulative infringement of the safety of consumer funds, JD Finance has established a green communication channel with **, fed back information at the first time, and used scientific and technological means to actively cooperate with ** to solve the case.

In February 2014, Baitiao was on JD.com**.

Launched, it provides users with "consume first, pay later" and "30-day interest-free, installment at will" services when shopping, becoming a model of innovation in the industry.

These include a white strip co-branded credit card created in cooperation with banks; Cooperate with third-party merchants to provide services such as "white slip" installment travel, renting, decoration, car purchase, education, etc., and have a special consumer finance for campus and rural people. In the tank.