Installment loans
LoansAn installment loan is a type of loan where the borrower repays the loan in regular, equal payments over a set period of time. The payments typically include both principal and interest. Installment loans are a popular form of credit as they allow borrowers to repay the loan over an extended period of time, making…
Payday loans
LoansA payday loan is a type of short-term loan that is typically used to cover unexpected expenses until the borrower’s next paycheck. Payday loans are often used to cover bills, car repairs, or other unexpected expenses. Payday loans are typically offered by speciality lenders, and are not offered by traditional banks or credit unions. They…
Auto loans
LoansAn auto loan is a type of loan used to finance the purchase of a vehicle, such as a car or truck. The loan is secured by the vehicle, meaning that if the borrower fails to make payments, the lender can repossess the vehicle. When applying for an auto loan, borrowers will typically need to…
Mortgages
LoansA mortgage is a type of loan that is used to purchase a home. The loan is secured by the property, meaning that if the borrower fails to make payments, the lender can foreclose on the property and take ownership. When applying for a mortgage, borrowers will typically need to provide personal and financial information,…
Personal loans
LoansA personal loan is a type of loan that is typically unsecured, meaning it is not backed by collateral such as a house or car. Personal loans can be used for a variety of expenses, including home repairs, medical bills, debt consolidation, and more. Personal loans are typically offered by banks, credit unions, and online…