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2. Personal contract purchase - Wikipedia

   en.wikipedia.org/wiki/Personal_contract_purchase

   Personal contract purchase. Personal contract purchase (PCP), often referred to as a personal contract plan, is a form of hire purchase vehicle finance for individual purchasers, similar to both personal contract hire and a traditional hire purchase (buying on installments). Unlike a traditional hire purchase, where the customer repays the ...

3. Hire purchase - Wikipedia

   en.wikipedia.org/wiki/Hire_purchase

   A hire purchase (HP), [1] also known as an installment plan, is an arrangement whereby a customer agrees to a contract to acquire an asset by paying an initial installment (e.g., 40% of the total) and repaying the balance of the price of the asset plus interest over a period of time. Other analogous practices are described as closed-end leasing ...

4. Credit agreements in South Africa - Wikipedia

   en.wikipedia.org/wiki/Credit_agreements_in_South...

   Credit facility. A credit facility is an agreement in terms of which a credit provider supplies goods or services, or pays an amount to the consumer. The consumer's obligation to pay the price or repay the money is deferred, in exchange for which the consumer pays interest and fees. Examples of a credit facility are credit advanced.

5. Common types of installment loans and their best uses - AOL

   www.aol.com/finance/common-types-installment...

   This makes installment loans a good option for large expenses like paying for school, buying a car or even purchasing a house. 5 most common types of installment loans

6. What is an installment loan & how does it work? Know ... - AOL

   www.aol.com/finance/installment-loan-types...

   An installment loan is a type of closed-end debt. You pay it off over a set number of months or years, also known as your loan term. Unlike credit cards or lines of credit, which are open-ended ...

7. Should you pay car insurance in installments? - AOL

   www.aol.com/finance/pay-car-insurance...

   Paying for your car insurance in monthly installments might make it easier to manage your budget, but you might also pay extra fees if you don’t pay for your policy up front. You might be able ...