What does quarterly loan mean? This is a problem that many people will encounter when they borrow money. In fact, the so-called "quarterly repayment" means that the borrower needs to repay the loan according to the agreement every quarter during the loan cycle. Specifically, it is to pay off a certain proportion of loans every quarter according to the loan principal and interest agreed in the loan agreement.

For borrowers, choosing quarterly repayment method can effectively reduce the repayment risk. Because quarterly repayment can make repayment interest more dispersed and reduce repayment pressure. In addition, through quarterly repayment, borrowers can plan their own funds more scientifically and reserve enough funds to repay the loans for the next quarter.

In short, quarterly repayment is installment repayment. The borrower shall pay off a certain loan principal and interest every quarter according to the agreed time limit. The borrower can choose to repay according to the repayment method agreed in the agreement, or adjust the repayment period and amount according to his own funds. However, when choosing the repayment method, you need to fully consider your own financial situation, abide by the agreement, and avoid unnecessary overdue fines and credit losses.