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advantages of installment buying

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2014-01-05 09:13:16
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Q: What are the advantages of buying something on an installment plan?
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Related questions

Which new method of buying was introduced in the 1920s?

the Installment Plan


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 an installment plan?

Margin is only offer on purchase of securities.


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 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 are the advantages and disadvantages of leasing and buying?

As with everything, there are advantages to leasing or buying. If you plan to stay in one place for 5 or more years buying is likely the best option. If you plan to move in the near future, then consider leasing.


What form of buying allowed Americans to take products home and pay for them a little at a time?

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


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

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