According to Cai Xi's survey. Com, the 36th installment is 36 months. Banks and financial institutions are used to taking expectations as the unit, indicating the loan and repayment period. 1 installment is 1 month. The length of the loan period is directly proportional to the loan interest. The longer the term, the more interest the lender has to pay. I suggest that when you apply for a loan, the term should not be too long, and you should pay it off as soon as possible to avoid the extra repayment pressure caused by high interest rates.

Installment payment is actually a loan provided by the seller to the buyer. The seller is the creditor and the buyer is the debtor. The buyer can get the goods or services he needs only by paying a small amount of money, but because the interest is included in the future installment, the amount paid for the same goods or services by installment is more than the amount paid in one lump sum.