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What are installment loans?
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An installment debt is a loan that is repaid by the borrower in regular installments. Installment debt is generally repaid in equal monthly payments that include interest and a portion of principal. It is a favored method of consumer financing for big-ticket items such as cars and appliances. The arrangement benefits all parties. The consumer benef
How long do installment loans remain on credit history?
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Installment loan remains on credit history if: one have an installment loan and is paid in full, it'll remain on the report for up to 10 years from the date of last activity. an installment loan currently with late payments made, it remains for up to 7 years. There is an overdue installment loan, it remains for up to 7 years. Installment loans goin
What should you keep in your car in case of emergency?
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Whether taking a long trip or a short one, here are a few essential safety tips to help keep you safe. 1) Be sure to maintain your vehicle. And that means tires, oil and fluid levels. 2) The Alliance of Automobile Manufacturers reminds drivers to check tire pressure - especially before a long road trip, as under-inflated tires can contribute to bot