Loan payments are regular payments that are made by borrowers to lenders in order to repay a loan. Loan payments typically include both principal and interest, and they may be made on a monthly, quarterly, or annual basis. Continue Reading Below
Loan payments are regular payments that are made by borrowers to lenders in order to repay a loan. Loan payments typically include both principal and interest, and they may be made on a monthly, quarterly, or annual basis. Making timely loan payments is important for maintaining good credit and avoiding penalties or other complications.