In terms of the lump sum versus payments debate, there are a number of differences between the two. The difference between these two payment options is simply to do with the amount of money that is received from one option and the amount that is received from the other.

When it comes to a lump sum versus payments you can have any amount of money received from one type of payment and none of the money from the other type of payment. If you were to choose to receive a lump sum payment, the money that would be received could be anywhere from a few hundred dollars to several thousand dollars. You would have the money and then it would all be gone.

The next issue that is involved with this type of payment is that if you decide to pay off your loan in full, you will not be able to make a single payment. You would only be able to make one payment at a time and this means that you will have to make one payment each month. A lump sum payment, on the other hand, allows you to make a single payment to the lender and this will help you make all of your monthly payments.

The third issue that is involved in deciding on a lump sum versus payments is that you would not need to consider the payment schedule that is involved. There are going to be situations when you will need to pay your loan in full and you will not have to pay it in installments. In this case you will want to make sure that you get the money in advance to pay your loan off in full before you can actually afford to go ahead and take care of all of your other financial obligations.

The last issue that is involved in lump sum versus payments is that you will not have to worry about taxes. There will be tax implications when you choose to pay your loan off in full but you do not have to worry about taxes when you receive a lump sum. When you get a lump sum, you will pay taxes on the money that you receive and this money is tax free. You can use the money for what it is worth.

The key to using lump sum versus payments is to determine the options that you want and then evaluate the costs and benefits that are involved with each option. You will have to evaluate the total costs that are involved with the various types of payments that you are going to take. In some cases you will have to pay taxes on the lump sum and in other cases you may have to pay taxes on the money that you received.