An installment loan is a loan that is repaid over time with a set number of scheduled payments. The term of loan may be as little as a few months and as long as 30 years. A mortgage, for example, is a type of installment loan.
Asked in Personal Finance, Loans, Student Loans and Financial Aid, Small Business Loans, Money Management
What is the installment loan?
An installment loan is a loan that is repaid over time with a set number of scheduled payments. The term of loan may be as little as a few months and as long as 30 years. A mortgage, for example, is a type of installment loan. ...
What happens if you do not pay your check n go installment loan?
The loan will be a default loan
Asked in Personal Finance, Loans, Money Management
Is installment credit a continuous loan the borrower must repay?
An installment loan is a loan that is established for a set time frame where the borrower makes consistent payments until the note (loan) is paid in full at the end of the term. A car loan is an example of an installment loan. The loan only continues for the set term (length) and you only make payments during that time frame. At the end of the term, the loan is paid in full. ...
Asked in Personal and Payday Loans
Where can you find an unsecured installment loan after bankruptcy discharge legal in nc?
no where that i can find
Where is a legitimate monthly installment loans for bad credit?
Check n go and PLS Loan (although it is called a smart loan there)
Asked in Personal Finance
Where can I apply for installment loans online?
Several Companies offer Installment Loans online without Credit Checks and even with Bad Credit. The major thing to look at with Installment Loan Companies is how much Interest they are going to charge on the Loan, some charge up to 300 percent, so if they lend you $300, you could end up owing them $900. ...
Asked in Personal and Payday Loans
Where can you find the best installment loan with bad credit?
Having bad credit can prevent a person from obtaining many kinds of personal loan. If you are in this situation, one option you have is to apply for a bad credit installment loan. Rather than having to pay back a traditional short-term loan all at once, a personal installment loan lets you make payments over time. There are many ways of getting installment loans. Installment loans online are often used and popular among borrowers due to their simplicity and fast application process....
Asked in Personal Finance, Loans, Student Loans and Financial Aid, Debt Collection, Money Management
Should you continue having your wages garnished or should you set up an installment plan with your education loan lender?
If you have the option of setting up an installment plan with your student loan lender (or any other lender), that is always a better bet than having your wages garnished. ...
Asked in Business Accounting and Bookkeeping
How do you made a journal entry for loan repayment schedule?
There is no journal entry for loan repayment schedule rather journal entry is made when actual payment is done or installment is paid. ...
How do installment loans wwork?
Installment loans work by allowing a person to pay off a loan in a number of smaller installments instead of larger lump sums. They can be used to purchases larger items such as houses and cars. ...
Do student loan payments help your credit score as much as a car loan would?
Yes. Both are installment loans and will build, or destroy, your credit score depending on how the debt is managed. ...
Asked in Business & Finance
I want to take a home loan but I am an NRI will I get a loan in UAE Also will I be allowed installment deferment?
Yes, NRI home loans are given to individuals in UAE. All you need to do is apply for it from a good bank. Yes, most banks allow an installment deferment of about 60 days. However, you should ask your bank about it. ...
Asked in Credit Reports, Credit
In a credit report what do individual ratings of 19 09 or R9 mean?
These are charged off accounts: Installment Loan, Open loan that is paid in full each month, and Revolving Line of Credit. ...