What is another word for credit plan?
Pronunciation: [kɹˈɛdɪt plˈan] (IPA) 
A credit plan is defined as a financial arrangement that enables an individual to make purchases on credit and allows the individual to pay back the borrowed amount over a period of time. Various synonyms for the term credit plan include credit financing, debt management, payment plan, installment plan, loan repayment, and credit arrangement. These synonyms help to convey the meaning of a credit plan by emphasizing the terms finance, debt, payment, and repayment. A credit plan is vital in helping individuals with their financial needs and having synonyms for this term helps individuals to understand the concept easily and recognize it when they hear it.
