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2. What is an installment loan? Types, how they work ... - AOL

   www.aol.com/finance/installment-loan-types...

   An installment loan is a debt that gives you funds all at once that are paid off in monthly amounts, called installments, over a set time period. Installment loan payments usually include interest ...

3. What is an Installment Loan and How Do They Work? - AOL

   www.aol.com/finance/installment-loan-115041991.html

   An installment loan is a lump sum of money that you borrow and then pay back in fixed intervals. Installment loans are often used to finance a major purchase, like a house, car or boat, or to ...

4. Common types of installment loans and their best uses - AOL

   www.aol.com/finance/common-types-installment...

   Debt consolidation: A debt consolidation loan is a type of personal loan that allows you to roll multiple lines of high-interest debt into a single account with a fixed monthly payment.

5. Installment loan - Wikipedia

   en.wikipedia.org/wiki/Installment_loan

   Installment loan. An installment loan is a type of agreement or contract involving a loan that is repaid over time with a set number of scheduled payments; [1] normally at least two payments are made towards the loan. The term of loan may be as little as a few months and as long as 30 years. A mortgage loan, for example, is a type of ...

6. Buy now, pay later - Wikipedia

   en.wikipedia.org/wiki/Buy_now,_pay_later

   Buy now, pay later ( BNPL) is a type of short-term financing that allows consumers to make purchases and pay for them at a future date. [1] BNPL is generally structured like an installment plan money lending process that involves consumers, financiers, and merchants. Financiers pay merchants on behalf of the consumers when goods or services are ...

7. Do installment loans build credit? What to know before you ...

   www.aol.com/finance/installment-loans-build...

   Debt consolidation loans are a type of installment loan that is used specifically for the purpose of paying off and consolidating unsecured debt. Besides the prospect of improving your credit ...