installment loan

Noun

Meaning

a loan repaid with interest in equal periodic payments

Source: WordNet

Synonyms

installment credit loan cash advance auto loan bridge loan crowdfunding credit line consumer loan business loan personal loan bullet loan chattel mortgage deferred payment amortizing loan mortgage on a movable property
Show all synonyms

Hypernyms

loan consumer credit

Examples

Also, to obtain an installment loan you’ll want to advance through the LendUp Ladder by beginning with short-term loans, as explained below. Source: Internet

Interestingly, a recent survey by installment loan company Affirm found that out of 2,000 Americans polled, nearly half — 47% — said they’d already started their holiday shopping. Source: Internet

Consequently, if an installment that is on-line seems suitable for your requirements, you can get were only available in the installment loan application straight away! Source: Internet

Paying an installment loan as agreed and in full will have a positive effect on credit scores. Source: Internet

Once you opt for a month-to-month installment loan, you’ll have actually predictable repayments making it easier to keep in your spending plan. Source: Internet

If your mortgage is the only kind of installment loan you have, paying it off and selling your home could cause your credit score to dip slightly. Source: Internet

Close letter words and terms

installment buying installment credit installment debt installment payment arrangement installment payment method installment payment plan