What is an example of an installment account 2024?
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Works at the International Committee of the Red Cross, Lives in Geneva, Switzerland.
As you make the payments, the balance of the account lowers. Common examples of installment accounts include mortgage loans, home equity loans and car loans. A student loan is also an example of an installment account.
2023-05-15 09:37:11
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As you make the payments, the balance of the account lowers. Common examples of installment accounts include mortgage loans, home equity loans and car loans. A student loan is also an example of an installment account.