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Can I Buy a Motorcycle on Installment?

1 Answers

StLillian

07/29/25 7:33pm

You can buy a motorcycle on installment. Here is the relevant introduction to installment plans: 1. Definition of Installment: The term "installment" is a Cantonese transliteration of the English word "Mortgage," pronounced as "ànjiē." It refers to a loan method for purchasing houses or goods, where the purchased property or item is used as collateral for a bank loan, which is then repaid in installments. 2. Origin of Installment: It originally originated in Western countries, initially referring to a legal relationship within the Anglo-American common law system. It was introduced into the mainland Chinese real estate market from Hong Kong in the 1990s, first trialed by the Shenzhen Construction Bank locally, and then gradually became popular in mainland China. Because it frequently appeared in the real estate sector and was formally used in texts, its meaning gradually evolved into "mortgage loan," and it is now officially referred to as "individual commercial housing mortgage loan" in China.

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Can I Report to the Police If My Illegally Parked Car Gets Scratched?

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