Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Installment Loan Installment Loan November 9, 2021 Borrowed money that is repaid in equal periodic payments. Cars and furniture are often paid for with installment loans.You Might Also Like: Everyday Money8 Ways to Save Money on Gas Everyday Money5 Ways to Boost Your Financial Health (Amidst COVID-19) Family MattersPreparing Financially for a Baby Everyday MoneyBudget Friendly Ideas for Thanksgiving Everyday MoneySenior Discounts and Savings
