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2. 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.

3. How to compare installment loan lenders and find the best offer

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

   Find the best installment loan for your situation in 5 steps. ... Beware: If you fail to make your monthly payments, the lender can legally seize your collateral. Alternatives to installment loans.

4. 12 Best Installment Loans To Rebuild Your Credit - AOL

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   If you have bad credit or high-interest credit card debt, you might be considering an installment loan to improve your credit with on-time payments. An installment loan can help rebuild your ...

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. Equated monthly installment - Wikipedia

   en.wikipedia.org/wiki/Equated_Monthly_Installment

   An equated monthly installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. Equated monthly installments are used to pay off both interest and principal each month, so that over a specified number of years, the loan is fully paid off along with interest. [1]

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

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

   Installment loans allow you to borrow money and pay it back in equal monthly payments, usually at a fixed interest rate. They can be handy and versatile personal finance tools.

8. 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 ...

9. Do installment loans build credit? Yes — here’s how - AOL

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

   The loan balance is repaid with interest and any relevant fees in regular, fixed monthly installments. ... “Because installment loans require regular payments, on-time performance will enhance ...