What’s an Installment Loan How Does It Work? | Capital One Installment loans can take many forms They can be secured or unsecured, depending on whether collateral is involved Interest rates, repayment terms, fees and potential penalties also vary Here’s a closer look at some types of installment loans: 1 Personal loans
INSTALLMENT Definition Meaning | Dictionary. com Installment definition: any of several parts into which a debt or other sum payable is divided for payment at successive fixed times; the scheduled periodic payment made on an installment loan See examples of INSTALLMENT used in a sentence
Instalment or Installment – What’s the Difference? - GRAMMARIST Instalment and installment are the same words, the only difference being the spelling The noun referring to something issued or paid at intervals is spelled installment in the U S Outside the U S , it’s spelled with one l—instalment
Instalment vs. Installment: What’s the Difference? "Instalment" and "Installment" mean the same – a part of a larger amount paid in intervals – but the former is British English, and the latter is American English Instalment is the preferred spelling in British English, representing one of several parts into which a debt or payment is divided
INSTALLMENT definition and meaning | Collins English Dictionary An installment is one of the amounts, usually equal, into which a debt is divided for payment at stated intervals over a fixed period The purchase price is payable by the client in six equal installments If you have a good credit rating, we may be able to arrange payment by installments
installment - WordReference. com Dictionary of English any of several parts into which a debt or other sum payable is divided for payment at successive fixed times: to pay for furniture in monthly installments a single portion of something furnished or issued by parts at successive times: a magazine serial in six installments
Installment Definition Meaning | Britannica Dictionary We are paying for the computer in installments (US) We are paying on installment The first installment of the five-part series will appear tonight at ten o'clock