How to convert a one-year loan into installment payment

Negotiate changes with the bank.

Installment repayment means that there will be multiple repayments, and the repayment principal and interest will be allocated to each repayment. At present, installment financing business is popular, and both units and individuals may come into contact with this kind of business, such as mortgage loan when buying a house, installment purchase of bulk commodities and so on.

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