First of all, college students usually don't have a stable source of income, so they need to make sure that they have enough financial ability to pay the installment payment. Failure to repay the installment payment on time may lead to overdue fees and credit history damage.
Secondly, college students should evaluate their consumption ability and demand. Buying a new mobile phone is a big expense, so you need to make sure that you really need it and can afford it. If you buy a mobile phone just to satisfy vanity or pursue fashion trends, then installment payment may bring unnecessary economic pressure to yourself.
In addition, college students also need to consider the interest rate and handling fee of installment payment. Different staging schemes may have different interest rates and handling fees, so you need to carefully compare various schemes and choose the one that suits you best. At the same time, you need to know the terms and conditions of installment payment to avoid unexpected situations.
Finally, college students should also consider other ways to buy mobile phones. Besides installment payment, you can also choose to buy a second-hand mobile phone or a new one while waiting for the promotion. These methods may be more economical, and you can make smarter choices according to your own needs and budget.
To sum up, it is feasible for college students to buy mobile phones by stages, but they need to carefully consider their economic ability, demand and purchase method. Only when you are sure that you can repay the installment payment on time and you really need this mobile phone, you should choose to buy the mobile phone by installment.
(1) SAIF course of Shanghai Institute of Advanced Finance, Shanghai Jiaotong University
SAIF's aim is to cultivate high-end and excell