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What is a closed-end loan?
A closed-end loan is often an installment loan in which the loan is issued for a specific amount that is repaid in installment payments on a set schedule.
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Asked 6/5/2011 2:21:42 PM
Updated 3/22/2016 12:37:39 PM
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Edited by yumdrea [3/22/2016 12:37:22 PM]
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A closed-end loan is often an installment loan in which the loan is issued for a specific amount that is repaid in installment payments on a set schedule.

Added 3/22/2016 12:37:39 PM
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