The demerits for hire purchase model of buying.

Activator230822

Verified member
Nowadays the business industry has really shifted to another angle. The fact that the businesses must make sales at all costs has pushed them to some other buying methods that forces the buyers to buy products that with money that is not there at all.
This takes us to the hire purchase model of buying.

The higher purchasing venture is being viewed as a game changer in possession of the expensive items with just having a fraction of the total price and paying back the balance in instalments.
The most bad thing with it is that it's a very expensive means of acquiring assets at almost doubled the real price.
 
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