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Tuesday, February 20, 2018

6.3 Credit: Installment Credit - YouTube
src: i.ytimg.com

Installment credit is a type of credit that has a fixed number of payments, in contrast to revolving credit.


Video Installment credit



Examples

  • Land loan
  • Home construction loan
  • Home mortgage
  • Some equity loans
  • Home improvement loan
  • Automobile loan
  • Boat loans or RV loans specialty finance
  • Student loan
  • Personal loan
  • Vacation loan
  • Charge card

Maps Installment credit



See also

  • Revolving credit
  • Loan
  • Morris Plan Bank

Source of article : Wikipedia