"Monthly instalments" refers to breaking down the total cost of something into smaller and more manageable payments that are made on a monthly basis, rather than paying for it all at once. Full definition
The 3 equal monthly instalment loans that we provide offer our customers flexibility to help them make the repayments on their scheduled collection dates. (wizzcash.com)
We offer clear and competitive pricing structures, including fixed fees and monthly instalment plans depending on the type of case and the legal support you require. (irwinmitchell.com)
If you have a loan with the bank or building society, the full monthly instalment will usually be taken from your current account too. (nationaldebtline.org)