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2. Hire purchase - Wikipedia

   en.wikipedia.org/wiki/Hire_purchase

   Hire purchase A hire purchase ( HP ), [ 1 ] also known as an installment plan , is an arrangement whereby a customer agrees to a contract to acquire an asset by paying an initial installment (e.g., 40% of the total) and repaying the balance of the price of the asset plus interest over a period of time.

3. Personal contract purchase - Wikipedia

   en.wikipedia.org/wiki/Personal_contract_purchase

   Unlike a traditional hire purchase, where the customer repays the total debt in equal monthly instalments over the term of the agreement, a PCP is structured so that the customer pays a lower monthly amount over the contract period (usually somewhere between 24 and 48 months), leaving a final balloon payment to be made at the end of the ...

4. Should I get a personal loan? Here are the pros and cons - AOL

   www.aol.com/finance/pros-cons-personal-loans...

   A personal loan can be a good alternative if you want to finance a major purchase but don’t want to be locked into how you use the money. Before applying, check with your lender on the approved ...

5. Ijarah - Wikipedia

   en.wikipedia.org/wiki/Ijarah

   Muhammad Akram Khan criticizes ijara's customer protection vis-à-vis conventional interest-bearing loans in an example: Suppose, for example, a person takes a five-year interest-bearing loan to buy a car. After two years, if he finds that keeping the car and the loan is uneconomical, he can sell the car in the market and repay the loan.

6. Personal loan vs. personal line of credit: What’s the difference?

   www.aol.com/finance/personal-loan-vs-personal...

   Personal loans vs. personal line of credits. ... apps and services give you access to flexible, interest-free financing when you make a purchase. But while convenient, they can lead to overspending.

7. Business loan vs. personal loan: What’s the difference? - AOL

   www.aol.com/finance/business-loan-vs-personal...

   Loan type. Amount. Purpose. Commercial real estate loan. Up to $5 million. Funds can finance the purchase or leasing of a commercial property used for business purposes.