As we all know, flowers are widely used as an easy-to-use consumption-phase payment tool. However, after we have made the lowest repayments, there may sometimes be a dilemma of not being able to pay the rest in full in one-off. How can we cope with this

How do you pay the least of the flowers

First, if you have paid the minimum repayment, you have two options. One is to return the balance as early as possible before the next repayment date, and the other is to elect to make the remaining one-time payment on the next repayment date. Note that interest will be charged on the remaining balance at the minimum daily repayment level, in other words, the sooner the payment is made, the less interest will be spent. If you choose to pay in full, then you do not have to pay any other costs。

Thus, even if you have already repaid the minimum amount, the subsequent payment is free to choose. In response, I have a few small suggestions:

Full reimbursement as soon as possible. If you are well-funded, I suggest that you pay the bill in full as soon as possible, so that additional interest can be avoided. Some banks may offer early repayments, such as interest discounts or credits, and may wish to know in advance。

Amortization may be considered. If you cannot repay all the amounts in one instalment, it is a good option. It allows for a maximum of 24 instalments, but it needs to be noted that amortization would create an additional burden of interest, so careful consideration should be given to the number of instalments。

3. Application for credit loans. If the debt burden is too high, consideration could be given to applying for a credit loan to pay off the flowers, which would normally be lower than the high interest rate spent, and would be longer-term and would effectively relieve repayment pressure。