No, you can pay back the money regularly. Credit card installment refers to the process that cardholders must swipe their cards in full to purchase goods when they use credit cards for large consumption, and installment payment requires a down payment. Before applying for installment repayment, the cardholder repays the goods (or services) purchased by the cardholder by installment, and then applies to the issuing bank for installment repayment before the repayment date. The consumption funds are deducted by installment from the cardholder's credit card account, and the bank pays the goods (or services) purchased by the cardholder to the merchant in one lump sum.

Installment payment is mostly used for some product transactions with long production cycle and high cost. Such as the export of complete sets of equipment, large vehicles and heavy machinery and equipment. Installment payment means that after the import and export contract is signed, the importer pays a small part of the payment to the exporter as a down payment, and most of the rest is paid in installments after part or all of the products are produced and shipped, or after the goods are installed, debugged, invested and guaranteed.

Installment payment was developed after the Second World War. At first, it was limited to buying ordinary daily goods or services. Later, with the rapid development of productivity, the scale of industrial and agricultural production is expanding day by day, and the required expenses are increasing day by day. In addition, with the development of bank credit, the field of installment payment has expanded to enterprises that buy large machinery and equipment and raw materials.

With the improvement of China's financial services and the change of people's consumption habits, installment payment, which is popular abroad, has been introduced to China and quickly recognized by domestic consumers. It is usually young people who have poor current payment ability but have consumer demand who spend by stages. The products it consumes are usually laptops, mobile phones and digital products.

Installment payments are usually provided by banks and installment suppliers. Banks provide consumers with personal consumption loans equivalent to the amount of goods they buy, and consumers use the loans to pay their suppliers, who provide guarantees for consumers and bear irrevocable joint and several liabilities. Young people who spend by installment are often called "installment families".