I need some opinions about installments?

Question

I'm writing an essay about whether it's good to buy things on installments. Can anyone help give me some ideas bout this, I'm kind of clueless about this sort of matters...

Answer 1

Homes and automobiles are the two most common purchases made on the installment plan.
Furniture and appliances fall next.
The average consumer would be hard pressed to own these without credit.

Other types of credit for daily wants and needs are the problems confronting most consumers. Impulse buying.