The loan installment period is flexibly arranged according to the borrower's demand and agreement, one month, three months, six months or even longer. Within the repayment period of each installment, the borrower shall repay the loan according to the agreed amount until the loan is fully paid off. The advantage of loan installment is that it can share the repayment pressure and let the borrower manage the financial situation more. Common loan installment methods include credit card installment, personal loan installment and housing loan installment.