Hire purchase plan and Installment credit

Installment credit and hire purchase plan are semantically related in deferred payment plan topic. In some cases you can use "Installment credit" instead a noun phrase "Hire purchase plan".

Installment credit noun - A loan repaid with interest in equal periodic payments.

Hire purchase plan and installment credit are semantically related in deferred payment plan topic. You can use "Hire purchase plan" instead a noun phrase "Installment credit".