The second installment refers to installment extension or negotiated repayment. The number of installments extended by Ping An Credit Card cannot exceed the original installment number of the credit card. Negotiated repayment requires proof that the cardholder is unable to repay. After the second installment, the remaining banks need to negotiate, and the lowest repayment can be achieved if consensus is reached.

Ping An Bank is a cross-regional joint-stock commercial bank controlled by China Ping An Insurance Co., Ltd. and one of the 12 national joint-stock commercial banks in Chinese mainland.