An installment loan might be the perfect solution for your financial conundrum. However, before you sign up, you might want to know what you can expect to pay in total. In addition to paying back the loan amount, of course, you’ll be expected to pay interest for the service, and you may have to pay a few additional fees as well (depending on the lender). To help you decide whether this loan makes sense for you financially, let’s discuss the cost of an installment loan.
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