Credit accounts in which the debt is divided into amounts to be paid successively at specified intervals until the debt is paid off.
Debts with more than ten months left to repay.
A debt which is paid over a period of time, in several separate payments each week or month, etc.
A loan that is repaid in accordance with a schedule of payments for a specified term (such as an automobile loan).
Borrowed money that is repaid in successive payments, usually at regular intervals; the monthly debt service is sometimes excluded for debt-to-income calculator purposes if 10 or fewer payments remain to be made.
borrowed money that is repaid in successive payments, usually at regular intervals; the monthly debt service can be excluded for D/I purposes if 10 or fewer payments remain to be made.
Borrowed money that is repaid in equal payments, known as installments. A furniture loan is often paid for as an installment loan.
A debt or loan that is repaid in successive payments over a period of time. For purposes of a World Savings real estate loan application, examples of consumer installment debt include car, boat, student loan and private (unsecured) loan payments.
Borrowed money that is repaid in several successive payments, usually at regular intervals, for a specific amount and for a specific term.
The regular periodic payment that a borrower agrees to make to a lender. ( i.e. car loans, student loans, etc.) This does not include your mortgage payment.
Debt that is repaid in installments at regular intervals, usually monthly.
Debt issued with the condition of regularly occurring intervals for payment by the debtor, until the principal and interest are paid in full.