It allows you to spread the cost of something over a period of time.
advantages of installment buying
3
Installment buying
installment buying
A system for purchasing merchandise, such as cars or furniture, in which the buyer takes possession of the merchandise on payment of a deposit and completes the purchase by paying a series of regular instalments while the seller retains ownership until the final installment is paid. Also called hire-purchase.
advantages of installment buying
when you buy a thing and if you decide to pay the amount by installments, you end by paying extra charges on the thing due to the interests that are paid with the installmens of the product. :-)
What are the main advantages and disadvantages of instalment sales?
Installment buying
3
installment payments
installment buying
Paying off your installment loans (mortgage, auto, student, etc.) can help your scores but typically not as dramatically as paying down -- or paying off -- revolving accounts such as credit cards.
paying in installments; the installment plan
You can repay back loans in "X" amount of days. You don't have to repay the loan right away. This is the same with credit.
As far as paying electricity bill online the advantages to me are not having to write a check, get an envelope, place a stamp on it and go to the post office.
Yes, there area installment loans available online without a credit check. A good website to check out is installemtloansonline.us. Just make sure you read the small print about paying back the loan.