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Discover LudwigThe phrase "credit installment" is a correct and commonly used term in written English.
It refers to a specific amount that is paid periodically to fulfill a larger debt or loan. It is often used when discussing financial or loan agreements. Example: "The bank offered a credit installment plan for the car loan, with monthly payments of $200."
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In the 1920s, it was expansion of farm credit, installment loans and home mortgages.
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Food accounts for 80% of the company's $2.8 billion in sales; revenues from credit installments on appliance purchases — more vulnerable during an economic downturn — total only 8% of sales.
This method of credit card installment accounts for more than 70percentt of luxury product sales.
This includes all monthly obligations like credit cards, installment loans, car loans, personal debts or any other monthly payment like alimony or child support.
"The use of credit in installments is super-pervasive in this culture and that goes for luxury goods as well," said Mr. Mazza.
As CEO Scott Thompson says in a blog post, PayPal is re-imagining money and making it work better for merchants and consumers – whatever device you're on, wherever you are in the world, and however you prefer to pay (whether that's cash, credit, or installments).
His television credits include installments of NBC's "Experiment in Television" in the late 1960's that used quick-cut, pastiche techniques in documentaries about Marshall McLuhan and Sholem Aleichem.
On this scale, each number is preceded by one of two letters: "I" signifies installment credit (like home or auto financing), and "R" stands for revolving credit (such as a credit card).
Installment credit can thus greatly expand the purchasing power of ordinary consumers.
Installment credit now accounts for the majority of purchases of automobiles, expensive home appliances, and furniture, among other consumer goods.
It's the exact opposite of installment credit, where you get the product, and then pay for it.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com