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Glossary: POS financing

POS financing is a type of consumer financing that allows customers to finance their purchases at the point of sale.

POS financing, also known as point-of-sale financing or point-of-purchase financing, is a type of financing for consumers to pay for goods or services over time rather than upfront. This financing is offered at the point of sale, typically through a merchant or retailer. Generally speaking, POS finance is a financing plan where the terms and conditions of the loan or financing are determined by the lender or financing company.

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