Question

Buying things by easy instalments keeps you permanently in debt write your points in favour/aganist the proposition

Answer 1

Often interest is charged when paying with instalments. This means the company/organisation you are paying charges you extra for being able to pay it off over time. So in the end, you end up paying more. 

Another disadvantage is that some people buy a whole load of things on instalments and they over commit themselves and cannot afford to make the payments when they are due. 

An advantage of buying something on instalments is that you can buy something that you don't have all the money for immediately because you are paying it off over time.

Answer 2

Answer:

(  )

In buying things in installments, a customer has to pay more as the interest is also included. So, argument I doesnt not hold. Moreover, one who buys item on installments maintain his future budget accordingly as he is well acquainted with when and how much he has to pay, beforehand.

Explanation:

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