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An installment loan is a good idea,where you don't have to make guesses what

payment one has to make every month.

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14y ago

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Related Questions

Is a car loan considered an installment loan?

Yes, a car loan is considered an installment loan.


Installment buying is a good idea?

yes,


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 does i8 rating on credit bureau mean?

i = installment loan. 8 = repossession. i8 = repossession of an installment loan (like an auto loan).


What describes an installment loan?

Installment loans require monthly payments to pay the loan.


What does an installment loan mean?

An installment loan is a loan paid with interest in equal periodic payments, in other words it is a loan that is repaid over time with the set number of schedule numbers.


Is it a good idea to get a payday loan online?

It is probably not a good idea to get a loan from the internet, as you will have to pay back more money then you get. It is a better idea, if you need the money, to get a loan from a bank.


Developed the idea of selling good using the installment plan?

Isaac Singer


What happens if you do not pay your check n go installment loan?

The loan will be a default loan


Is a loan with a lower present value preferable to a loan with a lower periodic installment?

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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.


Is the amount added to the principal of a loan by the lender?

interest