If you have ever gone for any loan, then you have to be aware of one thing that getting a loan accepted is not a problem these days. The problem is with its timely reimbursement. Most of the short term loans are to be salaried back within a month or so and that too in one go only. This is where the problem starts. Borrowers typically find it very difficult to reimburse the debt taken with attention in a single installment. To overcome this we have introduce installment loans.