deferred payment plan
[/dɪˈfɜːrd ˈpeɪmənt plæn/]
nounpl: deferred payment plans
plano de pagamento diferido
1. An arrangement that allows a buyer to delay payment for goods or services, typically with scheduled installments over time
The store offered a deferred payment plan so customers could buy furniture without paying upfront.
A loja ofereceu um plano de pagamento diferido para que os clientes pudessem comprar móveis sem pagar adiantado.
2. A financing option where the initial payment is postponed and debt is repaid in regular intervals, often with interest
The deferred payment plan allowed her to purchase a car with zero down payment for the first three months.
O plano de pagamento diferido permitiu que ela comprasse um carro com entrada zero nos primeiros três meses.
Deferred payment plans are extremely popular in Brazil, particularly for large purchases like furniture, electronics, and vehicles due to economic factors and consumer credit culture. In the USA, the trend has surged with BNPL (Buy Now, Pay Later) services becoming mainstream among younger consumers. This financial arrangement reflects different approaches to consumer credit between the two countries.
NYC Slang
buy now pay later scheme or BNPL
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