Will it affect me in installments to buy a mobile phone in the future?

Installment payment is a common payment method for modern people. Many times, we want to buy a product or enjoy a service, but we don't have enough funds for the time being, so we can use the installment payment method to transfer the payment pressure to a later period of time. There are many installment payment platforms on the market, but how can you choose the right one for you?

First of all, we need to determine the amount of funds we need, if you need a small amount of funds, you can choose some loan platforms with a lower amount. If you need more money, you can focus on platforms with higher loan amounts.

Secondly, we also need to take into account the number of installments we want to install, and most of the loan platforms on the market have an installment period of between 3 months and 3 years.

The most important point is that we need to choose some regular big brands, and the loan products launched by regular platforms will be more reliable and formal.

Among them, Youqianhua, formerly known as "Youqianhua", is a credit brand under Du Xiaoman Finance (formerly Finance), which provides users with safe, convenient, unsecured and unsecured credit services.

Du Xiaoman Finance will effectively implement the call of the state to support small and micro enterprises to tide over the difficulties, and its credit service brand has the money to spend to fully support the production and operation of small and micro enterprises, and Du Xiaoman Finance is the primary choice for most small and micro business owners when their capital turnover. It is reported that seventy percent of the credit users of Du Xiaoman Finance are small and micro business owners. Up to now, Du Xiaoman Finance has joined hands with dozens of financial partners to issue hundreds of billions of yuan in loans to small and micro business owners.

This is provided by Kangbo Finance, which focuses on the interpretation of financial hot events, the popularization of financial knowledge, adheres to professionalism, pursues fun, makes financial content that people can understand, and conveys financial value in a vivid and diverse way. Hope this helps.

There will definitely be an impact, and if you don't have enough income to repay every month, then naturally there will be an impact on the quality of life.

As long as you repay the loan on time every month, it will have no impact on your life. And if you can't take out that much money at once, it's also a good choice to pay in installments.

There is no impact, there is no impact if the payment is not changed on time or the arrears should not have an impact, understand?

Severe, there will be the following consequences:

1. Poor credit history, resulting in low credit evaluation, will become a credit stain, bad credit uploaded to the personal credit system of the People's Bank of China, there will be stains on various systems across the country, and it will be impossible to apply for credit cards or loans in the future.

2. If the number is huge, the bank will sue for repayment, and if it does not repay, the court will force the repayment.

3. If you use a credit card to pay in installments, the bank will save late fees, so you need to repay more and more money.

If you still owe money, you will be notified to your family and friends, and then you will be called to the police and sued.

Buying a mobile phone in installments is just a matter of a few thousand yuan, don't lose a big one because of a small one, once you don't repay it within the time limit, it will bring adverse consequences and become a "black household" for online loans.

Looking at it rationally, if you don't have the funds to buy a mobile phone in full, installment is a good choice to reduce the current economic pressure.

Installment payments are mostly used for some products with long production cycles and high costs. Such as the export of complete sets of equipment, large vehicles, heavy machinery and equipment, etc.

The practice of installment payment is that after the import and export contract is signed, the importer pays a small part of the payment as a deposit to the exporter, and most of the remaining payment is paid in installments after the product is partially or fully produced and shipped on the ship, or when the goods are installed, commissioned, put into operation and the quality assurance period expires.

Installment History:

Installments were developed after the Second World War. Initially, it was limited to the purchase of general daily necessities or services. Later, with the rapid development of productive forces, the scale of industrial and agricultural production expanded, and the cost increased.

In addition, with the development of bank credit, the field of installment payments expanded to the purchase of large machinery and equipment and raw materials by enterprises.

With the improvement of China's financial service level and the change of people's consumption habits, the installment consumption method that is popular abroad has also been introduced into China and quickly recognized by domestic consumers. Installment consumption is usually the current poor ability to pay, but young people have a greater demand for consumption. The products they consume are usually laptops, mobile phones, and digital gadgets.

Installment payments are usually offered by a combination of banks and installment providers**. Banks provide consumers with personal consumption loans equivalent to the amount of goods purchased, and consumers use the loans to pay for goods to ** merchants. At the same time, the first merchant provides a guarantee for the consumer and bears irrevocable joint and several liabilities.

Young people who use installment payments are often referred to as "installment payments".

Installment payment is a very popular way of consumption, and young people nowadays will choose to pay in installments when buying mobile phones, digital products, home appliances, and luxury goods. A mobile phone worth several thousand yuan is even higher than a month's salary, and if you choose to pay in installments, then you only need to pay a few hundred yuan every month. Installments are just to divide the entire amount into several installments, and interest is also calculated, so some users will not be able to pay it back, so what will happen if you buy a mobile phone in installments and don't repay it?

Is it serious? > debt repayment is a matter of course, installment is also a kind of credit, now there are a variety of channels to buy a mobile phone in installments, and the severity of non-repayment is related to the purchase channel.

1. Credit card

If you choose to buy a mobile phone in installments with a credit card, then the consequences of not repaying are more serious, once you do not repay within the time limit, then the penalty interest will be calculated on a daily basis, 5/10,000 per day, and it will definitely leave a bad credit record, affecting car loans and housing loans.

2. Installment platform

Now there are many platforms on the market that can pay in installments, such as installment music, orange installment, everyone's installment, fun installment, zero zero installment, etc., all of which can be ordered in **, installment payment, if you shop on these installment platforms, overdue and not repaid, you will receive a collection**, text message, calculate penalty interest on a daily basis, and some installment platforms will be credited, so it is more appropriate to repay as soon as possible.

3, Ant Huabei, Jingdong Baitiao, and willful payment

These are the more well-known products in the Internet platform to consume first and repay later, buy mobile phones in Jingdong**, **Tmall, Suning Tesco, and then pay in installments. If you do not repay the loan after installment on these platforms, not only will the penalty interest be calculated on a daily basis, but more seriously, it will affect your personal score, such as Sesame Credit Score, Jingdong Xiaobai Score, etc., and you will not be able to apply for related products in the future, such as borrowing and gold bars. In addition, many loan platforms need to authorize Sesame Credit Score, and if the score drops due to non-repayment, it will be difficult for other loan platforms to borrow again.

To sum up, buying a mobile phone in installments is just a matter of a few thousand yuan, don't lose a big one because of a small one, once you don't repay the loan on time, it will bring adverse consequences and become an online loan "loan user".