Credit card cash installment annual interest rates rise to over 3%, matching the consumer loan limit price.

Recently, several banks with cash installment interest rates below 3% bid farewell to the market. Securities China reporters observed that some banks have reduced the promotion intensity of cash installment interest rates, causing the installment annual interest rate to rise above 3%. As a result, the actual interest rate level of cash installment is now in line with the price limit policy for consumer loans.