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retail installment contract

   Also found in: Acronyms 0.01 sec.
retail installment contract

A contract that provides compensation for consumer goods or services by making payments over time,usually at a high interest rate.
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loan, lease, or retail installment contract terms, or modifications to loan, lease, or retail installment contracts, under which a creditor agrees to cancel or suspend all or part of a customer's obligation to make payments upon the occurrence of specified events) but the purchase of such debt cancellation products may not be used as a condition for making a loan.
Business Law by Florida Bar News
Since 2003, Quantum Auto Group has originated and sold nearly $500 million in auto loans or retail installment contracts to various financial organizations.
Quantum Auto Group Partners With The Credit Union Loan Source to ... by Business Wire
Chase Auto Finance purchases retail installment contracts and originates loans across the continental United States, Hawaii and Alaska.
New Chase Custom Finance(SM) Sales Office Opens in Minneapolis area by Business Wire
 
 
 
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