No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
With an installment loan, you borrow a certain amount once and then pay it off over a predetermined period of time, usually with a fixed monthly payment that includes principal and interest. Once the loan is repaid in full, the account is closed. Examples of installment loans are auto loans, mortgage loans, student loans, and most personal loans.
itzateach wrote:
Can anyone tell me simply? LOL