Revolving Credit vs Installment Credit
CreditStrong for Business
NOVEMBER 7, 2024
Pros and Cons of Installment Credit Pros Installment loans may make big-ticket items more affordable using longer, multi-year repayment terms. This set monthly payment schedule is also predictable, which fits well when creating a written budget, and has a clear, definite end date. How Do They Impact Your Credit Score?
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