Installment plan and Installment credit

Installment plan noun - A system for paying for goods by installments.

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

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

Installment plan and installment credit are semantically related. Sometimes you can replace phrase "Installment plan" with "Installment credit", this phrases are similar.