In fact, the agency doesn't distinguish it from any other type of installment debt, such as mortgage or auto loan debt. (sofi.com)
Term policies are the cheapest form of life insurance coverage and can be tailored to the size of your debts, such as mortgages or auto loans. (valuepenguin.com)
Late payments to major creditors, like mortgage or auto loan companies, are also red flags. (entrepreneur.com)