How do installment loans work?
How do installment loans work?
- May 27, 2025
- Bill Maurer, anthropology, U.S. News & World Report, May 27, 2025
-----
Fill out the lender's loan application …. You can do this online, but don't overlook going into a bank or credit union branch to apply in person, says Bill Maurer, director of the Institute for Money, Technology and Financial Inclusion at the University of California, Irvine. A banker can also help you find the right installment loan. "You can hunt around online and see what rates and terms are, but if something looks too good to be true, it probably is," Maurer says.
For the full story, please visit https://money.usnews.com/loans/personal-loans/articles/how-do-installment-loans-work.
-----
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Share on:
Related News Items
- Careet RightThree UC Irvine professors named co-editors of prestigious Law & Society Review
- Careet RightWhy some payments companies want to be banks
- Careet RightFormer NYC mayor Eric Adams accused of crypto scam shortly after leaving office
- Careet RightThe penny stops here: As 200-year-old coin ends its run, retailers face costly shift without clear rules
- Careet RightBanks plead for federal guidance as penny shortage spreads