Explore what a Hire Purchase (HP) is, how it works, and why it's a popular method of financing big-ticket items. Learn the pros and cons of HP agreements.
Explore what a finance house is, how it operates within the hire-purchase and leasing sectors, and the benefits it offers to consumers looking for alternative financing options.
Explore the world of consumer credit in finance including key types such as installment and revolving credit, how it works, and its economic implications.
Discover what a charge card is, how it differs from a credit card, and why it might be considered more prestigious. Learn about its functions, limitations, and benefits.