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2. Hire purchase - Wikipedia

   en.wikipedia.org/wiki/Hire_purchase

   Hire purchase. A hire purchase ( HP ), [ 1] also known as an installment plan, is an arrangement whereby a customer agrees to a contract to acquire an asset by paying an initial installment (e.g., 40% of the total) and repaying the balance of the price of the asset plus interest over a period of time. Other analogous practices are described as ...

3. Promissory note - Wikipedia

   en.wikipedia.org/wiki/Promissory_note

   A 1926 promissory note from the Imperial Bank of India, Rangoon, Burma for 20,000 rupees plus interest. A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financing instrument and a debt instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or ...

4. Structured sale - Wikipedia

   en.wikipedia.org/wiki/Structured_sale

   A structured sale or structured installment sale, is a special type of installment sale pursuant to the Internal Revenue Code. [1] In an installment sale, the seller defers recognition of gain on the sale of a business or real estate to the tax year in which the related sale proceeds are received. In a structured sale, the seller is able to pay ...

5. How Do IRS Payment Plans Work? - AOL

   www.aol.com/finance/irs-payment-plans-211621085.html

   Long-term installment agreement with any other payment method — phone, mail or in-person setup fee: $225. Restructure or reinstate a payment plan — online setup fee: $10.

6. How to compare installment loan lenders and find the best offer

   www.aol.com/finance/compare-installment-loan...

   Using a loan calculator can also help you compare terms to decide which is best for you. 5. Prequalify and compare rates. Prequalifying for a loan allows you to see your predicted eligibility odds ...

7. Installment loan - Wikipedia

   en.wikipedia.org/wiki/Installment_loan

   Installment loan. An installment loan is a type of agreement or contract involving a loan that is repaid over time with a set number of scheduled payments; [1] normally at least two payments are made towards the loan. The term of loan may be as little as a few months and as long as 30 years. A mortgage loan, for example, is a type of ...