Question

1.discuss the disadvantages of purchase on insatalments?

Answer 1

purchase on installment has many disadvantages such as

1. Installment needs a fixed amount of money to be paid foe something over the months for a period of time.

2. the money given as installment can even be voluminous in amount.

3.directly giving money for installment is allright but when you pay that money through bank account of yours ,your bank account and bank details may become insecured and can be prone to fraud .