We bring you information about installment loans, money management, building credit, and debt consolidation. Whether you want to pay off high interest credit cards or take that much needed vacation, there are lenders that may offer you an installment loan that meets your needs.
An installment loan is a type of loan repaid over time with a set number of scheduled payments that include principal and interest. Installment loan schedules are characterized by monthly, semi-monthly or biweekly payments based on the terms of the loan and can be used for any purpose.
With an installment loan, you can borrow a specific dollar amount upfront from a lender that you agree to pay back, plus fees, in a series of equal payments rather than lump sum. Mortgages and auto loans are types of installment loans.
Installment loans offer fixed interest rates and an extended payment period. Discover alternative ways to control your debt, too.
Lenders can help you get the money you need and the resources to gain financial freedom. Find out how to budget and save money every day.
Lenders will consider all credit types and may even report your payment history to the major credit bureaus to help you build credit history.