The Future of Energy

Description

Installment payment is a popular method of paying for goods and services that allows customers to spread out the cost of a purchase over a period of time. With installment payment, customers are able to pay for a product or service in smaller, more manageable amounts rather than having to pay the full amount upfront.
Installment payments are typically made on a monthly basis, and the amount of each payment is determined by the total cost of the purchase and the length of the repayment period. For example, if a customer purchases a product for $1,000 with a repayment period of 12 months, they would make 12 monthly payments of $83.33.