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2. 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.

3. Personal contract purchase - Wikipedia

   en.wikipedia.org/wiki/Personal_contract_purchase

   The monthly payment amount is determined by the amount of the initial payment (the ‘deposit’), which can be negotiated with the financing company, and the final balloon payment, which is set by the financing company. The financing company is likely to be represented in this discussion by either a car dealer or automotive finance broker. [6]

4. Hire purchase - Wikipedia

   en.wikipedia.org/wiki/Hire_purchase

   Hire purchase. A hire purchase (HP), [1] also known as an installment plan, is an arrangement whereby a customer agrees to a contract to acquire an asset by paying an initial installment (e.g., 40% of the total) and repaying the balance of the price of the asset plus interest over a period of time.

5. How to calculate loan payments and costs - AOL

   www.aol.com/finance/calculate-loan-payments...

   Before heading to the dealership or looking online for a car, you can view some car payments with an auto loan calculator first. You can try out different loan amounts, repayment terms and ...

6. 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 ...

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

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

   Examples of secured loans include mortgages and auto loans. Secured installment loans may take more time to get. ... Installment loans require a payment commitment that can last as long as 30 ...

8. Car finance - Wikipedia

   en.wikipedia.org/wiki/Car_finance

   Usually, car leases allow the lessee to drive the car for a certain number of miles for a certain number of years. The lessee pays a fixed monthly payment for the privilege of driving the vehicle, and when the lease ends, the lessee returns the vehicle to the lessor. The lessee pays only for the value of the vehicle for the term of the lease.

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

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

   Consider a secured installment loan: Some lenders offer secured installment loans to those with poor credit. These loans are backed by collateral, like a house or car, reducing the risk for the ...