"Loan payments" refers to the amount of money that a borrower pays back to the lender, usually on a regular basis (such as monthly), to repay the borrowed amount (loan) and any additional interest or fees. Full definition
Auto - debit allows you to make your scheduled monthly student loan payments on time with less hassle. (aspireservicingcenter.com)
Say you're making monthly loan payments on your car or paying on a credit card that you use monthly. (getoutofdebt.com)
To help college graduates who face school loan debt, the governor proposed allowing students to forgo making loan payments for the first two years. (newsday.com)