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Q: Is hire purchase classed as unsecured debt?
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When was the Origin or development of hire purchase?

origin and development of hire purchase


How do you reduce debt easily?

There are several ways to easily reduce your debt. For example you can hire a debt consolidator to help, or file bankruptcy , or even hire debt helpers. You can even make a budget and follow it closely.


What are the advantages of hire purchase as a source of finance?

Hire purchase can give the good profit,


Where can one hire debt managers?

One can hire debt managers from the following sources: Payplan, Harrington Brooks, Debt Free Direct, Chiltern, Gregory Pennigton, Step Change, Debt Freedom, Ask Debt Management, National Debtline, to name a few.


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Learning from experts allows you to gain valuable insights, knowledge, and experience in a particular field or subject. Experts have a wealth of information and expertise that can guide you in your own learning journey and help you avoid common pitfalls or mistakes. By studying their work and seeking their advice, you can accelerate your learning process and make more informed decisions.


What do you do if a loved one dies with no life insurance?

I'm not sure whether you are worried about burial services, old debt, or what you are referring to. Burial: Most counties have free or very reduced service options...call your county office. Re: debt, you do not need to pay the persons credit card or other unsecured debt. Other debts are supposed to be paid and most pay out of the estate. If things are too tricky...hire an attorney


Advantage of hire purchase?

One advantage of hire process is that it allows low-income individuals to purchase items that would otherwise be out of their budget. Hire purchase is also known as installment plan.


Why would a company use hire purchase?

The legal term for hire purchase is a contract. Companies may prefer using hire purchase because it spreads the costs of expensive items over a period of time.


What means repossesion as regard to hire purchase?

If a company fails to make it's repayment under the hire purchase agreement then the loan providers can tale the goods bought under the hire purchase as settlement for the loan.


What is the explanation for the features of hire purchase system?

higher purchase


Solve you a problem on hire purchase system?

caluculation of intrest under hire purchase system


Can a credit card company sue you?

Yes, they can. Credit issuers hire law firms that specialize in collection of debt including lawsuit action. A credit card is defined as "unsecured debt" this does not mean that the creditor has not legal recourse to recover monies owed. It simply means there is no specific property that secures the debt, such as a vehicle or other real property. Merchant accounts such as Sears are secured debts, because the item purchased is considered collateral and can be repossessed if the circumstances warrant.