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What is an International Student Loan?
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1 Answers
Federal student loans are popular with US students in the USA, but they are not available to international students. International Student Loans are specialized private education loans that are available for international students who are studying in the USA. International students will have to apply with a qualified co-signer and should only apply
What does installment loans mean?
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Installment loans are loans granted to a borrower that is repaid over a fixed number of monthly payments that are of equal amount. The period can last from a few months to several years, depending on the loan amount granted. The monthly payments also include an equal portion of the principal amount and interest. usually, two payments are made towar
Do installment loans help to improve credit?
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1 Answers
First and foremost, making timely payments of the full amount required helps improve credit score. Enhancing the credit mix is another great way to improve credit score. It's brilliant to mix installment debt with revolving debt like credit cards and home-equity loans. borrow loan against certain credit limits and make varied payments every month.