Similar to installment purchases. But unlike that Ownership of the property is not owned by us until payment is complete.
Is said to have a contract or agreement between us and the lease. That the installment payment amount and time given. Then we can with the goods or property. Use it before, but the title also of the lease. Until full payment of the contract to transfer ownership of the asset, such as a car leasing. Or motorcycles etc.
While applying for Payday Loan, you must be very careful and ensure that you do it safely and smartly
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