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installment credit

   Also found in: Wikipedia 0.01 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.installment credit - a loan repaid with interest in equal periodic payments
consumer credit - a line of credit extended for personal or household use
loan - the temporary provision of money (usually at interest)


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The origin of installment credit in this country was born out of doing business with people we know--a segment we might call "friends.
Also to fall under Schmidt's authority are Atradius' bonding, installment credit protection and Dutch state business units, as well as the company's reinsurance office.
The FNB building is historically significant as the site where the country's first credit card was issued in 1952, giving rise to the modern installment credit industry.
 
 
 
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