Whois & Analysis for af247.com

An installment loan is a loan that is repaid over time with a set number of scheduled payments; normally at least two payments are made towards the loan.

The term of loan may be as little as a few months and as long as 30 years.

A mortgage, for example, is a type of installment loan.

In-store Financial Services refer to those financial services provided at retail businesses such as check cashing, money orders, money (wire) transfers, utility and express bill payments, mobile phone top-ups, telephone calling cards and micro-loans.

A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a small, short-term unsecured loan, "regardless of whether repayment of loans is linked to a borrower's payday." The loans are also sometimes referred to as "cash advances," though that term can also refer to cash provided against a prearranged line of credit such as a credit card.

Payday advance loans rely on the consumer having previous payroll and employment records.

Legislation regarding payday loans varies widely between different countries, and in federal systems, between different states or provinces.

A cash advance is a service provided by most credit card and charge card issuers.

The service allows cardholders to withdraw cash, either through an ATM or over the counter at a bank or other financial agency, up to a certain limit.

For a credit card, this will be the credit limit (or some percentage of it).

A line of credit is credit source extended to a government, business or individual by a bank or other financial institution.

A line of credit may take several forms, such as overdraft protection, demand loan, special purpose, export packing credit, term loan, discounting, purchase of commercial bills, traditional revolving credit card account, etc.

It is effectively a source of funds that can readily be tapped at the borrower's discretion.

Interest is paid only on money actually withdrawn.

(However, the borrower may be required to pay an unused line fee, often an annualized percentage fee on the money not withdrawn) Lines of credit can be secured by collateral, or may be unsecured.