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How to use hire purchase as a source of passive income
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[QUOTE="Suba, post: 284729, member: 3658"] After reading your thread, I conclude, Hire purchase means that rental purchases are made in installments within a certain period of time, because if the payment is not completed by the due date, it will become the property of the seller. Of course it will be difficult to determine the cost of installments/leasing, because if the amount of the installment is the same or larger than usual, then we are better off buying from a dealer by installments or credit. A buyer / renter will certainly compare prices, for example an electric meat grinder for $ 400, how much do I have to pay the hire purchase price every month. because currently there are many marketplaces that offer easy installment or pay later purchases. and the goods will be ours even though the maturity has passed, only subject to fines and interest. [/QUOTE]
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