Why Is An Installment Loan A Wise Choice For A Single Large Purchase?

12 November 2015
 Categories: Finance & Money, Blog

If you can't pay cash for a larger purchase, your only other options are either entering into a contract for an installment loan or using a credit card. While credit cards are more convenient, there are several reasons why choosing to pay for your purchase with an installment loan is a better choice. What is an installment loan? An installment loan is a contractual agreement to repay a debt with a fixed number of equal payments, which are usually paid monthly. Read More