The thing that is actually known for many of us — Happy installment loans. Haven’t heard anything about it? In fact, you have met it already, but in the other form. Credit cards have the same way of repayment organization, which is used in Installment loans and familiar to almost everyone. The installment loan idea is to repay the borrowed sum by a special schedule. Unlike payday loans, you don’t have to pay it off at one time. The amount of money is divided into a number of months. It allows you to manage your budget more properly and reduces risk chances.