Answered

Welcome to Westonci.ca, where your questions are met with accurate answers from a community of experts and enthusiasts. Connect with professionals on our platform to receive accurate answers to your questions quickly and efficiently. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

What is Installment credit?
(In your own words, please and thank you!!! :)

Sagot :

W1llburS00t
Installment credit is when you borrow a fixed sum of money and agree to make monthly.
rashidraida88

Answer:

Explanation:

Installment credit is an important aspect of your credit score because it shows that you can maintain a payment over time. Examples of installment loans are car loans, mortgages, and student loans

It is also called Installment plan it means when you do work and you get credit.

HAVE A GREAT DAY!

Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.