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What is the difference between installment debt and revolving debt 2024?
installment credit installment credit installment credit
Questioner：Charlotte Wilson 2023-05-07 09:36:47
The most authoritative answer in 2024
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Oliver Kim——Works at the International Maritime Organization, Lives in London, UK.
The amount of the loan is determined at the time you're approved, and the sum you've borrowed doesn't change over time. Examples of installment credit include mortgages and car loans. Revolving credit is not issued in a predetermined amount.read more >>+119962023-05-11 09:36:47
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