Easy Payment Plans allow you to spend first and pay in installment based on the purchase or spent amount.
There are few ways to apply for EPP.
- Apply directly at selected merchant during your purchase
- Call card issuer and furnish details of the purchase and number of installments that you want to make. Usually this must be done before the next Statement Date.
- Deal with company/agent that provides service on EPP to settle credit card outstanding (not advisable)
Table below shown Easy-Payment Plan that currently offered by several card issuers or banks (for item 1 & 2 above).
Click picture to enlarge
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