The Central Bank of Kenya (CBK) could soon control borrowing costs in hire-purchase deals in fresh proposals that would expand the mandate of the apex bank beyond banks, microfinance institutions and ...

Opposition members yesterday registered strong objections to the Hire Purchase Bill citing the absence of crucial safeguards for the protection of consumers but this did not stop its passage.

BABATUNDE TITILOLA writes that commercial driver and riders operating with vehicle obtained on hire purchase are facing hard times, striving to meet their weekly or bi-weekly financial targets and ...

NO matter how complex all commercial activities come down to the buying and selling of goods and services, people may not always have enough money on hand or have the full purchase price to buy things ...

Currently, the most controversial hire purchase schemes are those involving motorcycles for the boda boda transport industry. As most boda boda riders come from low-income households, critics accuse ...

The Thai Hire-Purchase Association (THPA) has asked the Office of the Consumer Protection Board (OCPB) to increase the maximum interest rate for hire-purchase loans as the business is being affected ...

I am a student and I am seeking your assistance in a matter between Singer Mega Store and myself. I entered into a hire purchase agreement with Singer on June 25, 2021 and, after the company completed ...

The Central Bank confirmed on Monday that providers of hire purchase deals, personal contract plans (PCP) for car purchases and "buy now, pay later" (BNPL) finance have come under its regulatory ...