installment loan

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Noun1.installment loan - a loan repaid with interest in equal periodic payments
consumer credit - a line of credit extended for personal or household use
loan - the temporary provision of money (usually at interest)
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References in periodicals archive
With its mission to "Power the Future of Finance", PINTEC aims to advance financial services by providing customizable and modular fintech solutions to its financial and business partners, including point-of-sale financing solutions, personal installment loan solutions, business installment loan solutions, wealth management solutions and insurance solutions.
markets and the value he places on the contribution from consumer lending "is very low." While he had been expecting a slower exit from the Ohio pay day loan and installment loan products and less of a final hit to EPS, he also thinks moving away from this product makes sense for a number of reasons.
WASHINGTON: Bank card delinquencies declined in the second quarter while the composite ratio of installment loan delinquencies rose modestly, according to results from the American Bankers Association's Consumer Credit Delinquency Bulletin.
Overseas financial business includes unsecured loan business and installment loan business (Installment sales finance business) in Thailand, as well as banking business in Indonesia.
Banque du Caire also provides an installment loan to individuals, a loan that enables the client to equip his home with state-of-the-art electronic, electrical, and furniture equipment.
VTB Bank (Armenia) has summed up the results of the campaign "Installment Loan" announced for Nov 19 -Dec 28
Opponents, however, said that there were loopholes in the new installment loan law that would allow repeated relievers, effectively turning them into long-term loans.
Lake Mary, Florida-based Fiserv Lending Solutions, a unit of Brookfield, Wisconsin-based Fiserv Inc., has announced the addition of installment loan functionality to its Loan Servicing Platform.
Debt payment behavior, as a dependent variable, has three categories--"pay debt on time," "pay debt late but no later than two months," and "pay debt late for two or more months." Debt amount and debt types (mortgage loan, credit card balance, and installment loan) are used as independent variables.
It is designed to familiarize participants with the characteristics of consumer installment loans. Topics are the different types of consumer installment loans and how to choose the right consumer installment loan for one's needs.
With an installment loan, also known as closed-end credit, the amount borrowed must be repaid in a specific number of equal payments.
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