how often are you required to make payments ...
You’re generally required to make payments as often as your specific agreement says—there’s no single rule that applies to every situation. For most common debts and bills (like personal loans, car loans, and many mortgages), the standard is monthly payments, because most people are paid and budget month by month. Other options that lenders or providers sometimes offer include:
- Bi-weekly (every two weeks, 26 times a year)
- Semi-monthly (twice a month, 24 times a year)
- Weekly (52 times a year, less common, but sometimes used to match a weekly paycheck)
- Quarterly or even annual (more niche; used for certain business loans, farm or seasonal income loans, or special arrangements)
The key point: you’re “required” to pay as often as the contract or agreement you signed specifies. If you want a different schedule (for example, switching from monthly to bi‑weekly to pay the loan down faster), that usually has to be negotiated and formally changed with the lender or provider. If you can tell me what type of payment you mean (loan, mortgage, credit card, rent, taxes, etc.), I can break down the typical required frequency for that specific case.