Can I not pay the mandatory next installment by installments?

Yes, first of all, judging from his repayment time, the next repayment amount and the repayment amount, it is an illegal routine loan platform. And not qualified to lend.

Second, this illegal platform was exposed at the 3 15 party on 20 19. His interest rate exceeds the national loan interest rate standard. It's usury, and usury doesn't need to be repaid.

Third, they won't go to the credit bureau. They don't even qualify for formal loans, so they don't need to worry about credit reports.

Fourth, don't go back, they will only give you a second compulsory payment and continue to charge you high interest and handling fees.