Installment Debt
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Installment Debt

A debt one repays with a series of payments made regularly over time. For example, if one buys an expensive consumer good, such as furniture, one may agree with the seller to pay a certain amount each month for one year when the furniture will be paid in full. Installment debt usually carries interest.

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Installment Debt (redirected from Installment Debts)

Installment Debt
(redirected from Installment Debts)