Although the buying of the items in the hire purchase is way much too costly, it helps one to acquire expensive items by paying small deposits.
Do you prefer the hire purchase mode of buying your items?
- Thread starter Xtynehappy
- Start date
It is only in desperate times and situations that I would use hire purchase to buy things. And it rarely happens. I prefer to pay for my products wholly before I take it and make use of it. Hire purchase is not bad but it is burdensome.
I don't like to buy anything on hire purchase. Debts seem to mess up my peace of mind, including higher purchase properties.
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Except using credit cards for small purchases, I do not buy in credit.
What i don't have fund to buy, i will not buy it until i saved enough for it. Hire purchase may be good for a long term investment especially with investment that will appreciate with time. House or land will always appreciate.
I avoid purchasing anything on hire purchase as debt tends to disrupt my peace of mind, including properties bought on higher purchase.
I would not embrace that mode of buying items. That's because it's a very expensive means of acquiring of items with cheaper prices with the paying of the deposit and the rest in flexible installments.
This is the same philosophy that I use to live my life. I don't chase things that are out of my reach at the moment because I don't want to burden my life with debts.
Well, I don't have the money to buy it why not I would go for hire purchase provided the interest rate is not too high
I do not like to buy things by hire purchase. I prefer to pay the whole sum. I want peace of mind.
