Practice Day 8/100
(I want to bring my writing skills to the next level. Please feel free to edit or make any changes you deem necessary. Thanks! 🙏 )
Installment payments, also called quarterly payments, may bring pros and cons. Talking to its advantages, buyers may avoid costing an arm and a leg at one time. If the installments charge 0% interest, buyers can make good use of the money. For example, the return of making a financial investment may be higher than expectation. In contrast, there could be a concealed threat to overcome. Since the payments have been separated to several terms, buyers may overestimate the affordability. Besides, forgetting to pay the bills may lower the credit scores. Therefore, choosing the installments could be risky if people do not manage their money wisely.