Credit cards should also be counted as a type of consumer loan. However, the difference from general consumer loans is that credit cards require repayment of the previous month's debt every month, while consumer loans often take longer to repay, possibly several months. Even years to decades. As long as the credit card is repaid on time, it can be an "interest-free loan", that is, there is no need to pay interest at all, but consumer loans will accrue interest as long as they are established. A credit card can pay off the current month's debt in one lump sum. If you have difficulty repaying, you can apply for installment repayment. However, consumer loans usually have a fixed repayment period and each payment amount when they are established.