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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.

  3. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    Loan agreements are documented via their commitment letters, agreements that reflect the understandings reached between the involved parties, a promissory note, and a collateral agreement (such as a mortgage or a personal guarantee). Loan agreements offered by regulated banks are different from those that are offered by finance companies in ...

  4. How to stick to your debt repayment plan - AOL

    www.aol.com/finance/stick-debt-repayment-plan...

    Staying with a debt repayment plan can help you organize your finances better, avoid missed payments, be more prepared for potential setbacks and have a clear idea of when your debt can be paid ...

  5. Prepayment of loan - Wikipedia

    en.wikipedia.org/wiki/Prepayment_of_loan

    Prepayment is the early repayment of a loan by a borrower, in part (commonly known as a curtailment) or in full, often as a result of optional refinancing to take advantage of lower interest rates. [ 1 ]

  6. Student loan wage garnishment: How defaulting could ... - AOL

    www.aol.com/finance/student-loan-wage...

    Enter into a voluntary repayment agreement. To avoid wage garnishment relating to federal student loans, you can negotiate repayment terms with the U.S. Department of Education or the collection ...

  7. Loan - Wikipedia

    en.wikipedia.org/wiki/Loan

    Demand loans are short-term loans [2] that typically do not have fixed dates for repayment. Instead, demand loans carry a floating interest rate, which varies according to the prime lending rate or other defined contract terms. Demand loans can be "called" for repayment by the lending institution at any time. [3] Demand loans may be unsecured ...

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