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If you choose variable rate financing, would a marginal increase in the rates affect your repayment and can you afford it?
   
Are there any other fees incurred during the tenure of your hire purchase financing?
   
Does the banking institution have a branch near your home or office?
   
What payment channels does the banking institution provide?
   
Does the banking institution offer quality service in terms of efficiency and reliability?
 
     
 
   
  To find out more about hire purchase, you may wish to:
   
 
Visit our section on Hire Purchase
   
Read important Things to Note or FAQs
   
Find out what documents are needed for an application from our Checklists