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Guest
1 March, 21:47
What is installment credit
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Jorden Whitehead
1 March, 22:27
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This is a Payment made monthly to an organisation on a specified date where the money is paid on credit every month
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Justice Hartman
2 March, 01:19
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Googles answer:
An installment loan is a loan that is repaid over time with a set number of scheduled payments; normally at least two payments are made towards the loan. The term of loan may be as little as a few months and as long as 30 years. A mortgage, for example, is a type of installment loan.
short answer: A loan with specific monthly payments, Terms, interest.
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