Installment lenders provide loans that come with fixed terms and payments for a set amount of time, in contrast to credit card lenders who provide credit with interest rates that can vary. Student loans, car loans, personal loans, and mortgages are all examples of installment loans. When applying for an installment loan lenders will look at your FICO credit score to check your credit. What do your credit limits and your overall credit utilization have to do with this? Learn all about it in our video with credit expert John Ulzheimer.