Day: September 30, 2019

What is an Installment Loan and Are They Good for My Credit?

You’re in a financial rough spot and you’re looking into taking out a loan to keep yourself afloat. You’ve heard about installment loans, but what is an installment loan? An installment loan is a loan where you borrow money from a lender and pay it back, plus interest, in roughly equal monthly payments. These loans

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