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An installment loan is that loan which you borrow at one time and repay in fixed monthly premiums, or installments.
When you have a bad credit history (below 630), loan providers that provide installment loans for bad credit will gather other information — including simply how much financial obligation you have got, your month-to-month deals and exactly how much cash you make — to understand your monetary behavior and assistance qualify you. Continue reading Installment Loans for Bad Credit: Alternatives to Payday Advances