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Phrases with «installment credit»
"Installment credit"
refers to a type of loan or credit where you borrow a specific amount of money and pay it back in equal monthly installments over a certain period of time.
Full definition
credit
(parent phrase)
installment
(parent phrase)
installment credit
Related phrases
credit installment loans
bad credit installment loans
credit installment
Sentences with «installment credit»
An auto loan is an example
of installment credit
.
(
oldnational.com
)
NOTE: Other rating indicators that might be found on a report are «I»
for installment credit
or «O» for open credit line.
(
yourequity.ca
)
An example would be paying off a car loan when it is the
only installment credit
on your credit profile.
(
northshoreadvisory.com
)
(see all sentences)
See also
Definition of INSTALLMENT CREDIT
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