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advantages of installment buying

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11y ago

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

They are both forms of borrowing.


How is buying on margin similar to buying on an installment plan?

Margin is only offer on purchase of securities.


How is buying on margin similar to buying an installment plan?

Margin is only offer on purchase of securities.


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.


How is buying on margin simullar to buying on an installment plan?

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.


Explain what is hire purchase contract?

It is what an American would call, "installment plan buying".


The amount of interest a store charges a customer for buying on the installment plan?

Finance charge


What is Monthly installment plan?

Monthly installment plan


What actors and actresses appeared in The Installment Plan - 1917?

The cast of The Installment Plan - 1917 includes: Victor Moore


What actors and actresses appeared in The Installment Plan - 1920?

The cast of The Installment Plan - 1920 includes: Milburn Morante


Are there any real advantages to buying a timeshare?

Buying a timeshare is great if you plan to vacation. I would suggest buying a time share from an owner you will get a better deal.


Who created the installment plan?

Alfred.P.Sloan