Kena Betancur / Stringer / Getty Images Installment sales and credit sales are quite similar. Each is a form of credit that provides a way for goods to be delivered and the payment for the goods ...

Installment loan payments usually include interest charges that are charged over the life of the loan and may be higher for borrowers with less-than-ideal credit. Every lender has different ...

Unlike credit cards, installment loans are a type of close-ended debt, meaning you can’t borrow as you go. Instead, you ...

Most Americans carry a combination of revolving and installment debt during their financial lifetimes. The journey often starts with a revolving credit card, but it doesn’t end there.