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What are three different types of credit lines are?

open, revolving and installment


What is the difference between installment credit and open ended credit?

the difference between installment credit and open ended credit is they are the same..


What type of credit is used to lease a building?

installment credit


Where can I find more information about bad credit installment loans?

One can find information about bad credit installment loan on a number of webpages. Personal Loans 24/7 and FirstInstallmentLoans are examples of websites where one can find more information about bad credit installment loan.


When did installment credit explode on the American scene?

1900


How do installment loans and credit cards differ?

12


What is a healthy mix of types of credit use on your credit report?

revolving installment and real estate credit


Who began installment credit in the United States?

The earliest recorded form of installment credit in the United States dates back to the 1850s when sewing machine financing was introduced by the Singer Corporation.


Is installment credit considered closed-end credit?

Yes, an installment loan is a perfect example of closed-end credit since the amount must be paid off in full by a specified date in the future. Good examples of installment loans traditionally include: auto loans, mortgages and unsecured personal loans.


Is credit and installment buying the same?

If interest is involved, essentially yes.


Can you pay your outstanding credit card bill on installment plan?

yes


Types of purchase method?

What is the type of purchase method? And I want to know about what different between purchase method and pooling method?installment plans: People began to buy expensive goods using installment plan credit during the 1920s.