What is another word for retail credits?
Pronunciation: [ɹˈiːte͡ɪl kɹˈɛdɪts] (IPA) 
Retail credits are a form of consumer financing that provides borrowers with funds to purchase goods or services. There are several synonyms for retail credits, including consumer loans, point of sale financing, retail financing, and installment loans. Consumer loans are generally offered by financial institutions such as banks and credit unions, while point of sale financing is typically offered by retailers and allows customers to apply for credit directly at the point of purchase. Retail financing is another common term used to describe this type of financing. Finally, installment loans, a type of retail credit, provide borrowers with a fixed set of payments over a set period of time to pay off the loan.
