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if I obtain a 1000 dollar loan do i have to pay it in one payment

  1. profile image44
    paulworstellposted 8 years ago

    if I obtain a 1000 dollar loan do i have to pay it in one payment

  2. profile image42
    DuelTorstenposted 8 years ago

    No, not unless you borrowed the loan from a "shark". You will pay back the loan in a series of scheduled payments until the principle (the amount you borrowed) is covered along with a certain percentage of interest.

  3. sasanqua profile image80
    sasanquaposted 8 years ago

    There is no way to answer this question without more information. When you get a loan and sign a contract, all of these questions should be answered in any paperwork you sign. If you are not certain about the conditions of a loan, ask before signing anything!!

  4. beckhamdavid profile image55
    beckhamdavidposted 6 years ago

    https://usercontent1.hubstatic.com/5821050_f260.jpg

    No there is no way to pay out the all amount of our loan in one installment..


    For more detail visit : http://www.galleryfinance.co.uk/consoli … tion-loans

 
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