An installment loan is a loan you repay over time in equal payments, usually on a monthly basis. Each payment includes a part of the loan principal, which is the original amount of money you borrowed ...

Why pay all at once? It’s a question consumers are getting asked more often at checkouts, as installment plans resembling those offered by “buy now, pay later” services pop up in more places. Popular ...

The installment loan industry is experiencing major consolidation due to technological advancements and regulatory changes. With significant mergers like Enova's purchase of OnDeck, larger lenders now ...