https://www.123articleonline.com/rss/author/339292/kate-smithArticles written by Kate Smith from 123ArticleOnline.comen-usCopyright (c) 123ArticleOnline.com All rights reserved. https://www.123articleonline.com/articles/1290443/things-can-be-done-with-an-installment-loans An installment loan is a sort of loan in which you borrow a certain sum of money all at once. The loan is then repaid over a certain number of payments known as installments. Many installment loans have also set payment levels, which means that the amount does not vary during the life of the loan, but with a variable interest rate, the amount may change.