Is there any interest for installment purchase of mobile phones

Recently, both Glory and Yijia have launched a number of new smart phones. I believe that many partners who want to buy mobile phones can't help but want to cut their hands! Will there be interest if you choose to buy mobile phones in installments? I have compiled relevant introductions for you, hoping to help you better buy your favorite model!

Is there any interest on installment purchase of mobile phones

None

There is no interest on mobile phone installment, and it is not allowed, so only part of the service charge can be charged.

The monthly service charge is calculated by x (1-4.5)% of the transaction amount+the number of transaction cycles=the monthly payment amount.

Generally speaking, the so-called service charge is about 5% - 6% of the total price of mobile phones.

It depends on stores and major official platforms, ranging from 1% to 4.5% according to the duration.

Mobile phone installment is usually 100 to 600 higher than the price of mobile phone.

The above is the introduction of whether there is interest for mobile phone installment purchase. The service charge for installment purchase is generally expensive. According to the duration of the installment, the total price will increase a lot. Partners with sufficient funds still recommend full purchase or purchase when the service charge is free!