Installment loan definition

Installment loan means any building, room, space or portion thereof where a loan is repaid over time with a set number of scheduled payments to a financial institution.
Installment loan means any loan specified in subdivision (h) extended under an installment loan feature.
Installment loan means a loan in an amount less than or equal to five thousand dollars ($5,000) that is to be repaid in a minimum of four substantially equal payments of principal and interest to pay off a loan in its entirety with an initial stated maturity of not less than one hundred twenty days to maturity. "Installment loan" does not mean a refund anticipation loan;

Examples of Installment loan in a sentence

  • Installment loan business Provision of financial services without using credit cards.

  • The amount of the loan processing fee is 1% of the loan amount and is charged at the loan closing of your Installment loan.

  • Installment loan Provision of financial services without using credit cards.

  • The work will be started within 15 (fifteen) days of receipt of this acceptance letter.

  • Loan servicing business Installment loan business The amount of purchased receivables.


More Definitions of Installment loan

Installment loan means a loan that is to
Installment loan. ’ means the purchase of specific goods or services at specific merchant location where the repayment for this specific transaction is effected over a set number of scheduled payments. This option is available only to some specific card products.
Installment loan means a loan under which:
Installment loan means any part of the liabilities of the Borrower to United which United and the Borrower have agreed shall be payable to United in two or more installments.
Installment loan means a loan that is to be repaid in a minimum of four successive substantially equal payment amounts to pay off a loan in its entirety with a period of no less than one hundred twenty days to maturity.
Installment loan means a loan that is to be repaid in a minimum of twelve successive substantially equal payment amounts to pay off a loan in its entirety with a period of at least one year to maturity;
Installment loan means a loan (1) which is required by its terms to be repaid