Borrowing money to pay for expensive items like student loans and home mortgages with the intent to pay it back in fixed monthly payments is called
installment credit
an unsecured loan
a secured credit card
compounding interest

Respuesta :

Answer:

Installment Credit

Explanation:

abarde

Answer:

Installment Credit

Explanation:

Installment credit is a type of credit for a fixed sum to be repaid in instalments e.g student loans