If John wants to borrow money to purchase a new car, he can apply for an instalment loan or instalment credit.

Name: If John wants to borrow money to purchase a new car, he can apply for an instalment loan or instalment credit.
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Question

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Instalment loans or instalment credit are often used for purchasing cars as they allow borrowers to pay back the amount borrowed in fixed instalments over a set period of time.

If John Wants to Borrow Money to Purchase a New