�Things to avoid�

Hire purchase is one of the worst ways to buy anything. The only thing I can think of that’s worse is borrowing money from a money-lender in order to buy things. But hire purchase comes a close second.

The biggest problem is not actually that buying something on HP typically doubles the price you pay. It’s not even that when you buy something on HP you don’t actually get to own it until you’ve made the very last payment. Until that point the sofa, fridge or laptop you thought you owned still actually belongs to the store and the moment they feel like it (if you’re a moment behind with your payments) they can come over to your house and take their products away again. The problem isn’t even that you’ll still owe them all the money.