VideoCreditScore
October 28, 2008
http://www.videocreditscore.com
Installment Loans and Credit Scores
This video tells us how our credit score can effect our ability to obtain installment loans. Our credit score can have an affect and there are many factors that contribute to your ability to get an installment loan.
ehowfinance
February 13, 2009
An installment loan is a type of close-ended mortgage or loan that has been set on a specific term of repayment. Discover why installment loans differed from open-ended loans with help from a financial specialist in this free video on loans and money management.
Expert: Matthew McKillen
Contact: www.innovativefg.com
Bio: Matthew McKillen has more than 21 years of industry experience in arranging loans for his clients.
Filmmaker: Christopher Rokosz
This video provides some useful information regarding the differences between installment loans, as well as various other types of loans. We get a little more info regarding the difference between open-ended and close-ended lines of credit, and loans. Below you will find a summary we’ve provided of the content of the video…
So…what is an installment loan? Generally, there are two types of financing as far as loans. These are “open end” and “closed end” loans. Typically, the installment loan will fall into the “closed end” category. What this means, essentially, is that your loan has been set and agreed upon to a certain term of repayment. You have agree to pay the loan off within a certain amount of time. Whether it be 3 years or 5 years, as long as you continuously make the minimum monthly payments, you will eventually bring the balance down to zero.
On the opposite end of the spectrum, we have the “open ended” loan. This would be something more like a credit card or credit line, a home equity line of credit, or that sort of thing. With this type of loan, you only have to pay the interest each month as the minimum payment…if you choose to do so. So there is no set term of repayment, thus leaving it “open” as to the end.
So again, the difference here is that an installment loan is generally a “close ended” loan, whereas loans such as home equity lines of credit would be considered “open ended” loans.
We hope you’ve found this information useful, and if so, please be sure to visit the site where the video was originally posted. Check back at TalkDebtoften for more great loan related videos.
This video provides us with information on what installment loans are all about. If you’ve ever wondered about installment loans, you can take a look at this video and get some very useful information about what installment loans are. Obviously it’s best to be as well informed as possible before making any kind of decision regarding a loan.
-money Availed Despite Bad Credit
I think we can all agree that money problems are bad, and heck, arguing about them is even worse.
We’ve all got bills, and sometimes we have no money to pay them.
Well, as this video explains, www.freeloansfast.com is here to help you. If you’re stuck in a situation where you need a fast loan, you might want to give www.freeloansfast.com a try.
They provide installment loans with no credit check, so if you’ve got bad credit, or no credit…you may still be able to qualify for an installment loan with these guys. Check them out if you’re looking for a loan with bad credit.
If you do, feel free to let us know what you think, and give us a little info about your experience. Use the comment form below to give us your opinions on the services offered, and info provided in this video.
Keep checking back at TalkDebt for more info on payday loans, and various other financial matters.
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