What Does an Installment Loan Mean?

It is typical for Annuity loans or series loans that they are repayments, as these types of loans are regularly withdrawn, while standing loans are only deducted when the entire loan period is over. When you enter into a loan agreement with the lender, you make an agreement on the size of the loan, interest, APR and much more, including […]

10-year Loan – Pay Only Small Installments

For many financings, such as real estate, vehicles or quality facilities, long-term loans are taken up with large amounts of credit. This includes a loan with a 10-year term. These loans are offered by numerous financial institutions, credit agencies and on credit marketplaces. However, a long-term loan is only available if the consumer can meet the credit requirements of the […]