Practice Day 8/100 (I want to bring my writing skills to the next level. Please feel free to edit or make any changes you deem necessary. Thanks! 🙏 ) Installment payments, also called quarterly payments, may bring pros and cons. The main advantage is that buyers don't have to pay all of the money in one go. If the installments charge 0% interest, then buyers can spread the money of time at no extra cost. For example, the return of making a financial investment may be higher than expected. In contrast, there could be risks that need to be avoided. Since the payments have been split into many separate payments, buyers may overestimate the affordability of the arrangement. Moreover, forgetting to pay the bills may lower a peson's credit score. Therefore, choosing the installments could be risky if people do not manage their money carefully.