A majority of installment and lump-sum payment loans to families and individuals are made on floating interest rates.

Name: A majority of installment and lump-sum payment loans to families and individuals are made on floating interest rates.
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Most installment and lump-sum payment loans to families and individuals, such as mortgages and personal loans, are typically made with fixed interest rates, providing predictable repayment schedules.

A Majority of Installment and Lump-Sum Payment Loans to Families