An instalment loan is a well-known financial service which has - TopicsExpress

An instalment loan is a well-known financial service which has been used for a long time as a long term loan solution for consumers. The basic idea of this loan is the repayment structure which allows the borrower to repay over a certain time period with multiple number of scheduled payments. As a rule of thumb, more than one payment or at least two payments constitute an instalment loan. For long, it has existed as mortgage, lease, etc. The duration of an instalment loan may range from as little as two months up to as long as 30 years for a standard mortgage. #instalmentloans #instalmentloan #paydayloans #paydayloan #shorttermloans #shorttermloan

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