installment debt :

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installment debt

  • n  debt to be paid by installments
News & Articles

  • First Person: A Recent Increase in Consumer Debt Is One Trend I Refuse to Follow
    According to a recent article by Reuters, the total revolving or installment debt charged by American consumers recently reached a staggering record of $2.8 trillion. This record level of debt was reached after an increase of $19.6 billion in just one month - the sharpest one month increase in over a year. Having survived a job loss during the "Great Recession," this rapid return to the use of ...
    Aug. 1, 2013 - Yahoo! Contributor Network via Yahoo! Finance

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