Open installment accounts are a type of account that many people have – it’s one where you borrow a fixed amount of money that you also agree to make fixed payments on. Sound familiar? Learn the most common types of open installment loans, and how they’ll appear on your credit reports while they’re open. Full Experian Credit 101 Playlist: bit.ly/1EteueS Get answers to your credit questions: www.experian.com/blogs/ask-experian/ Twitter: twitter.com/Experian_US Facebook: www.facebook.com/ExperianUS Google Plus: plus.google.com/+experian/about