Installment Loans Overview An installment loan is really a customer-friendly choice on a long term. Usually useful for larger loans, the loan quantity plus interest is repaid in frequently planned re re payments of significantly amounts that are equal a set time period. Term 6-48 months Payments Very first re re re payment flow from in your very very first payday that falls within 7-40 times through the initial day your loan had been authorized The amount of staying re…