Definitions
There is 1 meaning of the phrase
Installment Debt.
Installment Debt - as a noun
Debt to be paid by installments
Example Sentences
"I need to pay off my installment debt before I can apply for a car loan."
"Many people struggle to manage their monthly payments on installment debt."
"He took out an installment debt to finance his new computer."
"The bank approved her installment debt application for home renovation."
"The high interest rates on installment debt can lead to financial burden."
