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An “installment loan” is a diverse, basic term that relates to the overwhelming greater part of both individual and commercial loans extended to borrowers.

An “installment loan” is a diverse, basic term that relates to the overwhelming greater part of both individual and commercial loans extended to borrowers. Installment loans consist of any loan that is paid back with frequently planned re re payments or installments. Each re payment on an installment debt includes payment of a percentage associated […]