Advantages and Disadvantages of Hire Purchase
Buying a property, vehicle or costly assets with hire purchase has become a popular way for individuals and businesses in Nigeria. Whether you’re a driver trying to get your first car or a business owner looking to expand, understanding how…
How Does Hire Purchase Work for Investors?
Are you an investor looking to grow your money outside of stocks and real estate, hire purchase is a smart move, especially in states like Edo, Lagos, Abuja and other parts of Nigeria where it’s gaining popularity fast. But what…
What is the ROI on car hire purchase?
Return on Investment (ROI) is a measure used to evaluate the profitability of an investment relative to it cost. It can also be referred to as the ratio between net income and investment. A high ROI means the investment’s gains…
How much for Hire Purchase monthly
Hire purchase is a method that allows an individual to get a vehicle by paying in instalment while using the vehicle. This vehicle may be for family use, uber/bolt, logistics, taxi, etc. The amount to be paid for your hire…