rural credit cooperatives generally repay the loan principal and interest at maturity. If the borrower fails to repay the loan at maturity, he can indeed apply to the rural credit cooperatives for installment repayment.

legal basis

according to article 7 of the measures for the supervision and administration of credit card business of commercial banks, under special circumstances, if it is confirmed that the amount owed by the credit card exceeds the cardholder's repayment ability and the cardholder still has the willingness to repay, the issuing bank can negotiate with the cardholder on an equal footing and reach a personalized installment repayment agreement. The longest term of personalized installment repayment agreement shall not exceed 5 years.