What’s an Installment Loan?Terms of Installment Loans. Just What exactly Can Be an Installment Loan? Definition and Examples
What’s an Installment Loan?Terms of Installment Loans. Just What exactly Can Be an Installment Loan? Definition and Examples A set installment loan is that loan that is repaid over a particular time period with a group quantity of scheduled payments. It may be either a secured loan (e.g. automobile financing, mortgages) or an unsecured loan …