What Is an Instalment Plan?

An instalment plan is basically a loan. Unlike credit card spending, it is tied to te specific purchase oe and so you are financing this individual purchase. You will have terms of repayment specific to that item or that particular transaction. That is going to be independent of any other spending that you do on the credit card. Or if you were to do after pay or something for another item, that's its own payment plan with its own quirements,. monthly meal costs or whatever. And so it's jus different. It's a different method of financing. I guess when someone uses i mean, the brands that we're hearing, like he said, clarna was that one of