Not exact matches
With a no faxing line of credit loan, repayment is
made in
installments meaning that you'll
make equal monthly payments throughout the entire line of credit loan term.
Similar to an equity loan, you can receive the loan amount in a single lump sum or in
equal monthly installments paid to you from the creditor, which is why it is a reverse mortgage — you receive payments rather than
make them each month.
These are usually
installment loans in which you
make equal monthly payments until you pay the principal and interest in full.