Cost of Debt

Financing With Installment Loans - What's the Cost?

For many people, buying a car or large appliance would not be possible without taking out an installment loan. Unlike revolving or credit card debt, installment loans offer fixed payments, a limited payback period, and generally carry moderate interest rates. Like all credit, however, installment loans should fit your budget and be used in moderation.

To find out how much an installment loan would cost you, answer the questions below, then click Submit.