Does Huabei have interest in installments, and what is the installment interest in Huabei

1. Repay the loan on time

Huabei does not charge interest for on-time repayment, but does charge an installment fee. The installment handling fee is calculated as follows: the total amount of installment repayment * installment rate, and the installment handling fee must be repaid for each installment repayment.

Huabei repays on time after installment, because the installment number is selected when installment, it needs to be repaid on time according to the installment number. During the repayment process, in addition to the repayment of the principal amount due, there is also an additional repayment of the installment fee. This part of the installment amount cannot be repaid at a minimum, so if the user does not repay the full amount, the system will consider the user to be overdue.

2. Pay in installments

When users use Huabei to pay for a single consumption, they can choose to pay in installments at the time of payment, and the installment page will allow users to select the number of installments, and then the page will display the rate of the current installment. The rate of installment payment is usually 3 installments, and this installment fee is charged by the merchant in one lump sum. When the payment is made in installments, the total amount of the payment will be deducted at one time, and then the user will repay the loan in installments, and the monthly repayment amount of the installment repayment includes the installment principal and the installment handling fee.

3. Bill installment

After the user's Huabei is released, the user can choose the bill installment, and the bill installment and installment payment rates will be slightly different, please refer to the display on the page for details. Bill installment is also a type of installment repayment, and the user needs to repay the repayment amount after the bill installment within the subsequent installment periods, including the repayment principal and installment handling fee. Therefore, Huabei bill installment will also incur a certain handling fee.

4. Overdue repayment

If Huabei is overdue after installment, then the system will add overdue interest, overdue interest = overdue amount * overdue days *. In other words, in the amount to be repaid by Huabei, overdue interest will be charged on the overdue principal, and no interest will be charged on the installment handling fee. Therefore, when the Huabei installment is overdue, the user needs to pay a double fee, namely the installment fee and the overdue interest.

Tips: When paying in installments in Huabei, if the merchant provides interest-free installment discounts, you do not need to pay the installment handling fee for this installment. Whether the merchant will provide interest-free installment discounts is subject to the display of Huabei installment on the payment page.

Please click to enter a description (up to 18 words).

1.There is no interest after Ant Huabei's installment, only the installment handling fee, and the installment handling fee is related to the number of installment periods.

2.Huabei Bill Installment:

From the 1st of each month to the repayment date (8th, 9th, or 10th, depending on the page), the previous month's bills will be paid in installments. The number of installments is: 3 installments, 6 installments, 9 installments, and 12 installments, and the specific rates are subject to the display on the page.

3.How to calculate the principal and handling fee of Huabei installment:

Principal payable in each installment = total principal that can be repaid in installments Number of installments.

Handling fee for each installment repayment = total principal amount of installment repayment Total installment rate Number of installment periods.

The amount is accurate to the point that it is included in the monthly installment, and the remainder is included in the first installment, and the handling fee has been collected and will not be refunded.

Huabei's interest in 3 installments: rate; Interest in 6 instalments: rate; Interest in 12 instalments: rate.

If you fail to repay on time after using Huabei, you will be charged an overdue fee = overdue principal * overdue days, of which the overdue principal * rounded to the nearest cent.

Huabei installment will only charge a handling fee (service fee) to the user or the merchant, and will not be charged to both parties at the same time. When choosing to pay in installments, if the merchant is willing to bear the fee, it will be charged at the rate set by the merchant; The buyer is responsible for the part that the seller does not bear.

Huabei installment repayment of principal payable in each installment = total amount of principal that can be repaid in installments Number of installment periods; Handling fee for each installment repayment = total principal amount of installment repayment Total installment rate Number of installment periods. The amount is accurate to the point that it is included in the monthly installment, and the remainder is included in the first installment, and the handling fee has been collected and will not be refunded.

1. Huabei has no interest during the interest-free period. If the user has handled the Huabei installment, then there will be a certain installment fee, and the Huabei bill supports 3 installments, 6 installments, 9 installments, and 12 installments, and the installment rates are different for different installments.

Period Installment Rate:

Period Installment Rate:

Period Installment Rate:

Period Installment Rate:

6. The total interest of Huabei installment = the amount of installment repayment The total installment rate.

7. Huabei's repayment interest per installment = total installment interest and number of installment periods.

8. For example: Huabei 1000 yuan is repaid in three installments, then the total interest in 3 installments = 1000 yuan, and the interest on each repayment is 25 3 = yuan. In addition, Huabei will incur interest when it is overdue, and interest will be charged for one day of overdue, and the minimum interest on Huabei overdue is 5/10,000 per day, which is the same as that of the bank.

Overdue interest depends on how much you have overdue. The longer the overdue time, the higher the interest.

Huabei 8,000 yuan installment for 6 months has an interest of 704 yuan. Huabei installment should be from the monthly interest, in fact, this interest is also very easy to calculate, as long as the interest of each month is calculated, you can know this interest, the interest of each month is the total amount of the principal multiplied by dividing by 6 to get the number is, the interest per month is more than 100, of course, the total interest will be 704 yuan.

Principal payable in each installment = total principal that can be repaid in installments Number of installments.

Handling fee for each installment repayment = total principal amount of installment repayment Total installment rate Number of installment periods.

The amount is accurate to the point that it is included in the monthly installment, and the remainder is included in the first installment, and the handling fee has been collected and will not be refunded. Click on the installment page to view the repayment amount, handling fee and rate of each installment, which is subject to the actual situation.

Huabei is closed to college students:

Notice on Further Regulating the Supervision and Administration of Internet Consumer Loans for College Students (hereinafter referred to as the "Notice").

It clearly stipulates that microfinance companies and non-licensed institutions are prohibited from issuing loans to college students; Lending institutions and outsourcing cooperative institutions must also not induce college students to consume ahead of time or borrow excessively by false publicity or other improper means, and must not target college students with precision marketing, and must not push to lending institutions to attract college students.

As soon as this news came out, it was widely discussed, because according to this regulation, Huabei, Borrow, Baitiao, etc. are all within its scope.

At the same time, the notice stated that for the Internet consumer loans for college students that have been issued, the first is to require microfinance companies to formulate rectification plans, and the loans that have been issued will not be extended in principle, gradually digest the existing business, and strictly prohibit new businesses in violation of regulations. Second, banking financial institutions are required to strengthen investigations, rectify illegal businesses within a time limit, and strictly implement risk management requirements.

The above content refers to Alipay Service Hall - Huabei Installment.

The above content refers to People's Daily Online-Cutting off the channels of advanced consumption Huabei and borrowing to "cut off supply" college students have aroused heated discussions.

There are 3 stages, 6 stages, 9 stages and 12 stages of Huabei. If 1,000 yuan is divided into 3 installments, 6 installments, and 9 installments, the interest rate is about 15%. That is to say, the interest of 1,000 yuan per month is about 50.

Answer Huabei official display that Huabei installments are divided into periods, and the handling fee is the total amount:. Huabei 10,000 installments for 12 months, the monthly interest is 73 yuan. The principal of the Huabei loan is 10,000 yuan, and the interest of 12 installments is, according to the formula, interest = principal * interest rate, which can be obtained by substituting the column:

Interest for 12 periods = 10,000 * yuan), then the interest for each period = 880 12 = 73 (yuan).

How much is the interest of 3000 Huabei installments.

Huabei consumption limit is similar to credit card limit, you can use Huabei to pay when shopping, if the personal conditions are good enough, you can get up to 50,000 yuan Huabei limit, when the personal consumption limit is too high, the repayment ability is limited, you can use Huabei to repay in installments.

Huabei chooses different installments with different interest, up to 12 installments, and the corresponding rates for the installment period are 2.5% of the total amount of the three installments, 4.5% of the total amount of the six installments, 6.5% of the total amount of the nine installments, and 8.8% of the total amount of the 12 installments. For example, the total interest expense of 10,000 installments in 12 installments is 10,000*880 yuan.