It is impossible for credit card to pay off the arrears in installments. After credit card installment, this record will be recorded in the credit information system of the People's Bank of China, and the debt will be paid off or loans overdue will appear in the record. Paying off debts is beneficial to maintaining good personal credit, and loans overdue often has a bad influence on personal credit.

Will credit card installment repayment affect credit reporting

loans overdue's failure to pay back the money is as follows: 1. A late payment fee for loans overdue tax is required. When the user fails to repay the loan before the repayment date or the repayment amount is not enough for the minimum repayment, he/she shall pay the issuing bank according to the regulations. 2. After users spend their credit cards, there is usually a credit card interest-free period ranging from more than 2 days to more than 5 days. If the cardholder's repayment is overdue, then the related expenses of the cardholder will no longer enjoy the interest-free installment salary treatment of the bank, and the daily interest rate of the circulating system will reach five ten thousandths, that is, the annualized interest rate will reach 18%.3. loans overdue's loan records will enter the central bank's credit information system to form a credit stain.