Sentences with phrase «installments over the loan»

Typically, these loans are amortized — the interest rate is included in your periodic installments over the loan term.

When a homeowner borrows money from a lender, they agree to pay it back, plus interest, in monthly installments over the loan term.

Not exact matches

*) A loan will be disbursed in installments over six months.

The Cash Store, which has over 280 locations in seven states, offers an installment loan there with annual rates ranging from 520 percent to 780 percent.

Personal installment loans - also known as cash advances - are typically paid back on a fixed schedule over a period of a few months or years.

This loan has a fixed - rate of interest over the life of the loan and steady installment payments.

Under the general terms of an installment loan, you agree to pay back the loan in monthly payments — plus interest and fees — over a set period of time.

Sure, everyone understands what goes into taking out a five - year car loan then paying it off with interest in installments over the next 60 months.

When you take out an installment loan, the terms of your loan will typically require a fixed monthly payment over a predetermined period of time.

No more than 1 installment loan and no delinquencies over 90 days in the past year.

You'd like a little money left over after paying that monthly car - loan installment.

Personal loans are installment loans that you pay back over a fixed period of time, usually with monthly repayment.

Installment debts are one - time loans that you agree to pay back at regular intervals, generally a set amount over a fixed period of time.

Installment loans are another popular type of alternative lending option available to be taken advantage of these days, giving individuals the chance to repay their loan over a scheduled amount of time with scheduled installment payments made every step Installment loans are another popular type of alternative lending option available to be taken advantage of these days, giving individuals the chance to repay their loan over a scheduled amount of time with scheduled installment payments made every step installment payments made every step of the way.

As you see from the example above, the utilization ratio for installment loans naturally improves over time.

It's also a fixed loan, which means borrowers pay in fixed installments over a predetermined amount of time.

A mortgage or auto loan would be an example of an installment debt; this is something that you pay a certain balance (usually with some interest added) over time.

Payday loans have an average interest rate of over 300 %, whereas installment loans tend to have rates that vary between 100 % and 200 %.

Like mortgages, auto loans are paid in installments over the course of years, and approval is often granted on the basis of good credit.

However, installment loans are a step up from payday loans since they allow you to borrow more money, repay the loan over a longer period of time and get lower interest rates.

Payday loans usually have a loan term of 2 - 4 weeks while personal installment loans can be repaid over 1 - 5 years.

An installment loan is a form of consumer debt that is repaid over time in regularly scheduled intervals.

Installment loans are the types of loans that require the borrower to pay specific amount every month over a certain period until the total loan amount including interest is liquidated.

Under the general terms of an installment loan, you agree to pay back the loan in monthly payments — plus interest and fees — over a set period of time.

If you have been paying religiously your monthly mortgage installments, then you have probably improved your credit over time and you should be in condition of getting a refinance mortgage loan at a reasonable rate.

Wise Loan offers quick and easy financial services to people all over the country, online installment loans specifically.

Cash Advance Installment Loans can be the solution for you if you need to repay your loan over a period of pay dates.

These installment loans can usually be repaid over a period of three to six months, so select a lender and get the ball rolling for quick cash and time to pay it back.

An installment loan is a loan that is repaid over time with a set number of payments.

These installment loans require multiple payments over a period of time, so it builds a repayment history.

Amortization The process of gradually repaying a loan over an extended period of time through periodic installments of principal and interest.

On the other end of the spectrum are installment loans, which are typically for larger amounts that can be paid off over a lengthier period of time, and carry more favorable interest rates than their short - term counterparts.

In contrast, variable rate loans have an interest rate varies over the course of making installment payments.

These are loans that are settled over a specified period with a predetermined number of payments of equal amounts known as installments.

For example, a mortgaged is a good example of an installment loan that is repaid over a long time.

«Installment loan» is a generic term meaning any sort of loan that's repaid in, usually monthly, payments, or installments, over a period of time.

The similar product that the payday loan companies are switching to are something called installment loans, you see them on the internet all over the place.

If you want to be over the loan sooner, you can opt for a short term but expect heavier installments.

On installment loans with fixed payment schedules, interest payments will decrease over time as the balance of the loan is paid off.

How you wish to spend your installment loans is a highly personal matter and one that even your lender has no control over.

An installment loan has frequently scheduled payments that are repaid over a set period of time.

If you get a third payday loan, the loan becomes an installment loan that has to be paid back over a period of 62 days instead of two weeks.

Since you end up having to pay off the loan in monthly installments over the course of the year (if you don't use the refund to pay it off), why not start a monthly savings plan and forego paying the interest?

You repay the loan over time with monthly installments.

These are all examples of installment loans for bad credit, which means you borrow a specific amount of money and you must pay it back over a set period of time.

An installment loan is simply a loan that is paid back over time in incremental (and usually equal) payments.

It's important to recognize that only certain types of accounts are monitored by credit reporting agencies, including credit cards; installment loans repaid at a fixed amount over a predetermined period of time, such as auto loans, student loans or mortgages; and retail accounts such as store credit cards.

The application and approval process for installment loans is exactly the same as other payday loans, but there are lower payments over a longer period of time.

If you need to spread the loan over several payments, your best bet is to apply for an installment loan.

Student loans are generally treated by lenders as installment loans, i.e. one - off payments which are then repaid in installments over an agreed period.