在西方国家，人们从二十世纪上半叶以来就一直用分期付款的方式购物。今天，绝大部分的英国家庭用分期付款的方式购买家具、家用电器和汽车。在美国，通过分期付款购物的比例高于英国。美国人将其百分之十以上的收入用于分期付款购物。

分期付款购物.jpgThe goods bought on the installment plan are, in almost every case, goods that will last-radios, television sets, washing machines, refrigerators, motorcars, motorcycles, and furniture.

采用分期付款方式购买的商品，几乎都是耐用品，比如收音机、电视机、洗衣机、冰箱、汽车、摩托车和家具。

The price of an article bought in this way is always higher than the price that would be paid by cash. There is a charge for interest. The buyer pays a proportion, perhaps one -quarter or one -third, of the price as a down payment when the goods are delivered to him. He then makes regular payments, weekly or monthly, until the full price is paid up. The legal ownership of the goods remains with the seller until the final payment has been made.

用这种办法购买的物品，其价格要比用现金购买的价格要高，因为要加收利息费。购买者在拿到货物之前需支付寸定比例的货款——四分之一或二分之一作为定金，以后按期付款，如按周或按月付款，直到付清全部货款。在付清全部货款前，货物的所有权归销售商。

Installment buying has advantages and disadvantages. In the past, it was easy to find couples who had been saving for years in order to furnish their homes. Now, they don't have to do that Installment buying can help couples with small incomes to furnish their homes and start housekeeping. It increases the demand for goods, and in this way helps business and employment.

分期付款购物有利有弊。过去，人们经常看到一对夫妇为了购美家真布置房间，需要储蓄好多年。现在，他们不用这样了。分期付款购物可以帮助收入较低的家庭购买家具布置房间，维持家计。这么做的结果就是增加了商品需求，并且有助于企业在展和提高就业水平。

There is, however, the danger that when business is bad, installment buying may end suddenly, making business much worse. This may result in a great increase in unemployment. If the people on the installment plan lost their jobs, they would probably not be able to make their payments. If great numbers of people are not able to pay their installment debts, there is a possibility that businessmen cannot collect their debts and will therefore lose money. If businessmen lose money or fail to make a satisfactory profit, the possibilities of having a depression are increased. This is why, in some countries , the government controls the installment plan by fixing the proportion of the down payment and the succeeding installments to discourage people from buying more than they can pay for on the installment plan.

然而，当企业不景气时，也会伴随有风险出现：分期付款购物会突然中断，使企业难以为继。这可能导致失业率大幅上升。如果购物者失业，也就失去了支付货款的能力与世操有许多购物者无力偿付货款就可能出现商家收不回债务，导致亏损的情况发生。如果商家亏损或赚不到可观的利润时，市面就会更加萧条。这也就是为什么在一些国家，政府会通过规定首付款与以后各期付款的比例来控制分期付款，并劝导人们在分期付款购物时不要超出自己的支付能力。