Monthly installment is a black online loan APP. Don't operate at will. It can teach you to correctly repay the principal and repay it by monthly installments: equal repayment of principal and interest on a monthly basis, that is, the repayment method of bank mortgage loans, with the same monthly repayment amount; Full repayment on a monthly basis: paying interest every month, and paying off all the principal and interest of the due month in one lump sum. Installment payment is made once a month, usually for 30 days. Installment payment is a kind of transaction method. Simply put, in credit card installment payment, loan installment payment, mortgage installment payment and other transactions, instead of paying all the expenses at one time, it is agreed to pay the money in multiple installments within a certain period of time and pay certain installment interest.