Categories
car title loans orlando

Kinds of installment loans

Kinds of installment loans

Here are some common installment loan types:

  1. Personal bank loan – your own loan is really a “catch-all” term often talking about a loan that isn’t guaranteed by collateral and repaid in installments. Unsecured loans will will often have a phrase of just one to five years and certainly will must be reimbursed in regular installments, frequently month-to-month.