Margin is only offer on purchase of securities.
Margin is only offer on purchase of securities.
They are both forms of borrowing.
An individual buying securities on margin and buying merchandise on an installment plan have an important feature in common. The commonality is based on the fact that in each of these transactions, interest is charged and must be paid. Generally speaking, the interest is paid when buying on margin upon the sale of the securities. Buying on margin is usually a short term arrangement. With an installment plan, the interest is usually built into the monthly payments. These payments can be over an extended amount of time.
advantages of installment buying
Buying on the 'installment plan' is probably the oldest concept, pre- credit card.
Finance charge
It is what an American would call, "installment plan buying".
Monthly installment plan
The cast of The Installment Plan - 1917 includes: Victor Moore
The cast of The Installment Plan - 1920 includes: Milburn Morante
Alfred.P.Sloan
An installment plan, is a method of buying on credit, enabling people to buy goods and sometimes services with payments over an extended period, without having to pay much or any money at time of the purchase. Banks or other financial firms provide the money at varying interest rates from low to extraodinarily high. When first introduced, advertisers pushed for the installment plan idea with such slogans as "You furnish the girl, we'll furnish the home" and "Enjoy while you pay."