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Factors to consider before accepting an asset on hire purchase.
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[QUOTE="sincerem, post: 216360, member: 25228"] [FONT=Courier New][B]Recruit buy or paying in installments is kind of an alternative to business men and women, day workers that collects regular weekly or monthly income. You can simply pay gradually depending the agreement you have with the merchant or company that offered recruit pay in advance method for their product or products. Here in my locality, I got such option when I was looking for a phone to buy, the reason while I didn't go for it was that, the interes offered was simply higher than expected. Which means that, the money meant to pay in total exceeded the original price of the phone which I had in mind more than it should be. For in stance, the phone I meant to buy is valued '$100 but due to the offer of paying in installments based on agreement with the company, it came out to be valued at $140, which means I am paying in excess even if it gonna last for three months for me to complete the total payment. I see such being an excessive payment to be made, that's why I backed off from such kind of services offered to me. It will make me enter into unplanned debt. [/B][/FONT] [/QUOTE]
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