Installment credit
From Wikipedia, the free encyclopedia
Installment credit is a type of credit that has a fixed number of payments, in contrast to revolving credit.
Examples
- Land loan
- Home construction loan
- Home mortgage
- Some equity loans
- Home improvement loan
- Automobile loan
- Boat loans or RV loans specialty finance
- Student loan
- Personal loan
- Vacation loan
See also
This article is issued from Wikipedia. The text is available under the Creative Commons Attribution/Share Alike; additional terms may apply for the media files.