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  2. Land contract - Wikipedia

    en.wikipedia.org/wiki/Land_contract

    Land contract. A land contract, (also known as contract for deed or agreement for deed ), is a contract between the buyer and seller of real property in which the seller provides the buyer financing in the purchase, and the buyer repays the resulting loan in installments. Under a land contract, the seller retains the legal title to the property ...

  3. Installment loan - Wikipedia

    en.wikipedia.org/wiki/Installment_loan

    Installment loan. An installment loan is a type of agreement or contract involving a loan that is repaid over time with a set number of scheduled payments; [1] normally at least two payments are made towards the loan. The term of loan may be as little as a few months and as long as 30 years. A mortgage loan, for example, is a type of ...

  4. How Do IRS Payment Plans Work? - AOL

    www.aol.com/finance/irs-payment-plans-211621085.html

    Here are the amounts you’ll have to pay for installment agreement fees: Long-term installment agreement with direct debit — online setup fee: $31. Long-term installment agreement with direct ...

  5. Hire purchase - Wikipedia

    en.wikipedia.org/wiki/Hire_purchase

    Hire purchase. A hire purchase ( HP ), [ 1] also known as an installment plan, is an arrangement whereby a customer agrees to a contract to acquire an asset by paying an initial installment (e.g., 40% of the total) and repaying the balance of the price of the asset plus interest over a period of time. Other analogous practices are described as ...

  6. Common types of installment loans and their best uses - AOL

    www.aol.com/finance/common-types-installment...

    Mortgages and auto loans are the most common installment loans. Almost everyone will have one or the other in their life, but you may also encounter personal loans, student loans and buy now, pay ...

  7. How To Get on an IRS Payment Plan - AOL

    www.aol.com/irs-payment-plan-120000120.html

    If you’re wondering how to set up a payment plan with the IRS, you can apply online using the Online Payment Agreement tool if you owe less than $100,000 in combined tax, penalties and interest ...

  8. Accord and satisfaction - Wikipedia

    en.wikipedia.org/wiki/Accord_and_satisfaction

    Accord and satisfaction. Accord and satisfaction is a contract law concept about the purchase of the release from a debt obligation. It is one of the methods by which parties to a contract may terminate their agreement. The release is completed by the transfer of valuable consideration that must not be the actual performance of the obligation ...

  9. What is an installment loan & how does it work? Know ... - AOL

    www.aol.com/finance/installment-loan-types...

    An installment loan is a type of closed-end debt. You pay it off over a set number of months or years, also known as your loan term. Unlike credit cards or lines of credit, which are open-ended ...

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