Instalments are a longstanding feature of credit cards. By breaking up big transactions into smaller repayments over time, pricier things are more affordable. Unfortunately, just like how credit cards can cause problems and financial losses to a person if used impulsively, there can also be quite a few downsides to instalment plans, even those that […]

source: https://thefinance.sg/2024/07/26/hidden-traps-and-benefits-of-instalment-plans/