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Image source: https://www.pexels.com/photo/crop-businessman-giving-contract-to-woman-to-sign-3760067/

Life has a habit of throwing curveballs just when you think you’re coasting. The washing machine quits, the car makes a sound it definitely shouldn’t or an unexpected medical bill lands in your inbox.

When your savings aren’t enough to cover things, borrowing might start to sound like the best way forward. Installment loans may offer a practical middle ground between high-interest short-term options and the slippery slope of revolving credit.