An installment loan allows you to borrow a fixed amount and pay it back in regularly scheduled payments — or installments. Installment loans often have lower interest rates than credit cards and their ...

Libby Sweeney is a former credit cards editor for Forbes Advisor. Her previous experience writing and editing content for readers to better understand includes both the world of sports and data ...

If you're stuck in a no-win situation with credit card bills or other debts, a debt consolidation loan can streamline multiple payments into a single monthly bill at a lower interest rate. Many ...

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. JGI / Tom Grill / Getty Images A traditional mortgage ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...