See how we rate personal loans to write unbiased product reviews. When consumers need to borrow money, they have two main options — revolving credit or an installment loan. Each type of lending ...

On February 18, the Maryland Office of Financial Regulation (OFR) issued an alert to address industry concerns regarding its January guidance ...

Installment loans give you something even more valuable than money — time. These loans give you a lump sum of cash and let you pay down your debt in regular, scheduled installments. But if you ...

Installment loans can help improve your credit score over time with regular payments. Missing a payment can cause a dip in your score. If you do not need an installment loan, there are other ...

Kristy is a freelance contributor to Newsweek’s personal finance team. As an editor, Kristy has worked with sites like Bankrate, JPMorgan Chase and NextAdvisor to craft and hone content on ...

What debt you should pay off first Having both installment loans and revolving credit will help your credit score, as long as you pay the bills on time. Both types of credit illustrate to lenders ...

Discover effective strategies for securing a loan with no credit. Learn options, application tips, and how to build your ...

With nearly a decade covering personal finance, Rebecca Safier simplifies loans and other complex financial topics to help people manage their money with confidence. Her work has been featured in ...

According to Minto Money, its installment loans are best used for short-term financing needs. Minto Money’s installment loans are best suited for borrowers who quickly need a small amount of ...

Installment plans with a "buy now ... home equity payments, auto loans, student loans, credit cards and a host of other bills," Gupta says. He thinks it's likely that a lot of people will end ...

LexinFintech targets tech-savvy, underbanked consumers in China with installment loans and BNPL solutions. Read why I'm ...