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BFWG Grants

An Installment Loan is a loan that is taken over a fixed number of repayments, with fixed payments each repayment. http://www.bfwggrants.org.uk/

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BFWG Grants

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  1. BFWG Grants Instalment Loans

  2. What is an Instalment Loan?

  3. Instalment Loans • An Installment Loan is a loan that is taken over a fixed number of repayments, with fixed payments each repayment.

  4. Instalment Loans • An example: • Borrow £100 • 3 monthly payments • Each payment £50.60 • Total amount repaid £151.79

  5. Wealth Warning

  6. Brought to you by…… • BFWG Grants • www.bfwggrants.org.uk

  7. Thank You

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