Installment loans are different from other consumer credit like payday loans and credit cards and can help you get back on track Payday loans have been getting a lot of attention lately with interest rates upwards of 500% a year. The topic brings up another type of loan called installment loans that might be a better alternative to payday lenders and credit card borrowing. One alternative that … [Read more...]
Facts You Didn’t Know about Installment Credit
Installment credit brings several benefits including payments that never change and the chance to increase your credit score I often like to use the analogy that debt is a tool to either build something spectacular or to smash things up really badly. Just like there are different types of hammers that are used for specific needs, there are different types of debt for specific needs. Trying … [Read more...]