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Why do loans need to be cashed in installments?
This is a revolving loan

Revolving loan is a kind of personal housing revolving credit business, which means that the customer mortgages the commercial housing to the bank and obtains a certain loan amount. During the mortgage of the real estate, the customer can withdraw money for recycling.

So far, banks or other financial institutions have not registered that loans must be paid in cash, and loans will be paid to the collection account filled in when applying for loans.