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  2. Pros and cons of home improvement loans: Are they worth it? - AOL

    www.aol.com/finance/pros-cons-home-improvement...

    What type of home improvement loan should you get? There are multiple types of home improvement loans beyond just personal loans. Home improvement personal loans. Current average interest rate: 12.38%

  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. What is an installment loan & how does it work? Know ... - AOL

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

    An installment loan makes sense if you can afford the payment, are financially stable enough to repay it and get some sort of financial benefit from it. Installment loans require a payment ...

  5. Installment loan - Wikipedia

    en.wikipedia.org/wiki/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 installment loan.

  6. Should you use a cosigner to get a loan? The pros and cons - AOL

    www.aol.com/finance/cosigner-loan-pros-cons...

    Using a personal loan can be a convenient way to pay for some of life’s expenses, whether it’s a wedding, travel, home remodeling, or some other big-ticket item. But if your credit score is ...

  7. Should I get a personal loan? Here are the pros and cons - AOL

    www.aol.com/finance/pros-cons-personal-loans...

    Personal loan fees and penalties can drive up the cost of borrowing. Some loans have origination fees of 1 percent to 12 percent of the loan amount. The fees, which cover loan processing, can ...

  8. Should you cosign a loan for your child or a loved one? A ...

    www.aol.com/finance/pros-cons-cosigning-loan...

    Benefits of cosigning. Drawbacks of cosigning. You can help a loved one qualify for a loan. You assume full liability for payments and late fees if the main borrower falls behind or files bankruptcy

  9. Pros and cons of emergency loans: How to tell if one is right ...

    www.aol.com/finance/pros-cons-emergency-loans...

    Understanding the pros and cons of an emergency loan before you need one can give you the peace of mind of having a backup plan if the unexpected happens. Pros of emergency personal loans