Installment loans can be quick and convenient. They offer access to a large amount of money quickly, after all, and their repayment periods are longer and more flexible than the repayment periods of cash advances. Consumers appreciate that they’re able to decide just how much money to borrow and how long they will need to pay that money back. However, despite all these benefits, an installment loan may not be helpful to your particular situation if you don’t understand the details involved. So before you apply, let’s answer the all-important question: how does an installment loan work?
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Archives for September 8, 2015
