HomeGlossaryIInstallment LoanGlossaryInstallment LoanA loan repaid in scheduled payments over time, rather than in a single lump sum like a payday loan.Browse: A · B · C · D · E · F · I · L · M · O · P · R · S · T · U · W · full glossaryMore glossary termsAPRAch WithdrawalBad CreditBalloon PaymentCAPSCash AdvanceCheck CashingConsumerConsumer AdvocateCooling-Off PeriodCredit CheckDebt TrapDefaultDeferred DepositExtensionFDICFaxlessFinance ChargeInterestLate FeeLenderLoan SharkLoan TermMilitary Lending ActOrigination FeePaycheckPayday AdvancePayday Alternative LoanPayday LoanPost-Dated CheckPrincipalRolloverSubprime LendingTitle LoanUnsecured LoanUsuryWage Garnishment