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What is an Installment Loan? How Fixed-Term Financing Works

What is an Installment Loan? A Guide to Fixed-Term Financing

Zina Kumok

By: Zina Kumok • 6/13/24

An installment loan is a loan with a fixed repayment term, meaning that there is a specific end date to the loan. When you sign up for an installment loan, you know exactly how many... read more »

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