An installment loan is paid back in fixed installments over a fixed time. These loans are often used to purchase items that consumers cannot afford to pay for outright. An installment loan is a type ...

When you sell on installment, your customer takes possession of the merchandise at the time of sale. The customer signs a contract agreeing to pay for the merchandise by making a fixed number of ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Pete Rathburn is a copy editor and fact-checker with expertise in ...

Whether a small-business loan is installment or revolving depends on the loan type and terms of the agreement. Many, or all, of the products featured on this page are from our advertising partners who ...

An installment loan is a loan you repay over time in equal payments, usually on a monthly basis. Each payment includes a part of the loan principal, which is the original amount of money you borrowed ...

Having a diverse variety of credit products shows lenders how you manage different types of debts, and it can even help improve your credit score. Your mix of credit counts as 10% of your credit score ...