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If interest is involved, essentially yes.

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12y ago

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Define installment buying?

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.


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..


A new way of buying called allowed Americans to take products home and pay a little at a time?

Buying on the 'installment plan' is probably the oldest concept, pre- credit card.


Which major trend characterized the 1920s and continues today?

retail buying on installment of credit


What are the advantages of buying something on an installment plan?

advantages of installment buying


New industry spawned by the mass-consumption economy that encouraged still more consumption?

Advertising ( credit and installment buying")


How did installment buying contribute to the consumers revolution?

Installment buying allowed people to own products before they had paied them off.


How can installment buying help cause depression?

Installment buying helps cause depression, because, it encourages one to do impulse buying, which can become a burden in repaying , causing depression.


What type of credit is used to lease a building?

installment credit


Installment buying is a good idea?

yes,


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.


Buying stock on margin and buying on the installment plan are similar in that both?

They are both forms of borrowing.