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  2. 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 ...

  3. 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 ...

  4. 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 ...

  5. How Do IRS Payment Plans Work? - AOL

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

    Long-term installment agreement with any other payment method — phone, mail or in-person setup fee: $225. Restructure or reinstate a payment plan — online setup fee: $10.

  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. 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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