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An installment loan is a type of agreement or contract involving a loan that is repaid over time with a set number of scheduled payments; [1] normally at least two payments are made towards the loan. The term of loan may be as little as a few months and as long as 30 years. A mortgage loan, for example, is a type of installment loan.
Equated monthly installment, a fixed payment amount made by a borrower to a lender at a specified date each calendar month; Installment Agreement, an Internal Revenue Service program that allows individuals to pay tax debt in monthly payments; Installment loan, a loan that is repaid over time with a set number of scheduled payments
The installment sales method, is used to recognize revenue after the sale has occurred and when sales are stipulated under very extended cash collection terms. [3] In general, when the risk of not being able to collect is reasonably high and when there is no reasonable basis for estimating the proportion of installment accounts, revenue recognition is deferred, and the installment sales method ...
Credit card companies and financial institutions usually charge a fee to process payments, and many insurance companies recoup this by adding an installment fee to your monthly bill.
The benefits of e-services in advancing businesses efficiency and in promoting good governance are huge; recognizing the importance of these benefits has resulted in number of international awards that are dedicated to recognize the best designed e-services. In the section, we will provide description of some international awards
On June 20, 1991, PCIBank was granted a license by MasterCard International to issue credit cards in the Philippines accepted by the MasterCard network of affiliated banks and establishments worldwide. In 1994, PCIBank turned over the management and ownership of the MasterCard portfolio. This was to issue and acquire business to Bankard, Inc. [1]
Telephone services are provided by PLDT, Digitel, Converge Telecom, Datelcom, the Evangelista Telephone Company, and the Pampanga Telecom Company in the town of Macabebe. The province has 24 public telegraph offices distributed among its towns while the facilities of PT&T and RCPI were set up to serve the business centers in Angeles, San ...
Cable television in the Philippines was introduced in 1969 with the first commercial service of Nuvue Cablevision (later absorbed into Sky Cable); Satellite television in the Philippines was introduced in 2001 with the first commercial broadcast of Dream Satellite TV (now defunct); and IPTV and digital over-the-top streaming services in the Philippines was introduced in 2010 with the first ...
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