TOZZIBLINKZ
VIP Contributor
Credit purchases by definition refers to the transfer of property in goods to a person known as the buyer from a person known as the seller with the intention to pay in future usually an agreeable date by the both parties . Credit purchases is very essential this is because sometimes in life we might lose money , forget to equip ourselves monetarily and in the course of this circumstances we have intentions to buy a particular item or product . That is where the act of credit purchase this enables the buyer to buy goods from the the cellar without payments initially made for the things being bought.
Although there has to be some sort of level of trust before the seller is willing to give his or her goods to a buyer . It is therefore essential for the buyer to consider some questions which include:
1. Do I actually need the product I'm about to collect on credit? Sometimes we decide to acquire a particular product just because we see some other person making use of the same product in situation like this it is important to think twice.
2. Secondly another thing to consider is will I be able to pay for this? The last thing you want to do is to buy beyond our budget so it is advisable to consider your financial standing compared to the cost of the product you are about to buy on credit.
Although there has to be some sort of level of trust before the seller is willing to give his or her goods to a buyer . It is therefore essential for the buyer to consider some questions which include:
1. Do I actually need the product I'm about to collect on credit? Sometimes we decide to acquire a particular product just because we see some other person making use of the same product in situation like this it is important to think twice.
2. Secondly another thing to consider is will I be able to pay for this? The last thing you want to do is to buy beyond our budget so it is advisable to consider your financial standing compared to the cost of the product you are about to buy on credit.