How to calculate the installment price of Glory Magic Vs

As the latest popular new model, the Glory Magic Vs Ultimate has attracted a large number of users in terms of folding technology, black technology and hardware performance. However, the price of more than 10000 yuan is a headache for many people. Installment purchase is a better way to solve this problem. So what's the price when you buy the Glory Magic Vs Ultimate by installment?

What is the installment price of the Glory Magic Vs Ultimate Edition? What is the installment price of Glory Magic Vs Perfect Edition

1. Service charge per installment=total amount of installment × Service charge rate of each period. For example, if the total amount of 10888 is divided into 12 installments, and the service charge for each installment is 0.5%, then the service charge for each installment=10888x0.5%=54.44, and the total payment is 54.44x12=653.28.

2. The installment fee rates of various banks and shopping platforms are different. The longer the installment time is, the higher the fee will be, and even if the repayment is made in advance, the fee will still be paid.

PS: The most common installment terms are 3, 6, and 12. The longer the term, the higher the handling fee. There are also some installment payments that determine the service charge. The more the amount, the lower the service charge.

The service charge is also divided into two types: charge in each period and one-time charge at the time of application. Generally speaking, the charge in each period is more favorable to the cardholder than the one-time charge.

There are also designated merchants and those without restrictions on merchants and commodities. For consumers, the latter is free and convenient, but they need to bear higher handling fees. The bank or shopping platform will hold some activities irregularly, and the service charge for installment payment will be discounted at this time.

The above is the specific content about how to calculate the installment price of the Glory Magic Vs Ultimate Edition. Since the installment price of each platform is different, it is recommended that users calculate how much they should pay each month before placing an order, and then make a choice according to their actual situation, because if they fail to pay at the specified time, their personal credit will be affected.