Consumer caution urged in entering hire purchase agreements

Christmas shopping

With Christmas fast approaching, Guyanese consumers have probably already entered a region of tunnel vision, a condition that often renders them unmindful of some important cautions that must be applied once they begin their Christmas shopping in earnest.

In a recent interview with the Stabroek Business, the Consumer Affairs Division (CAD) of the Ministry of Tourism said one area in which consumers often get it wrong is the entering into of hire purchase agreements. Hire purchase agreements facilitate the spirit of Christmas, insofar as they allow for the seasonal indulgence without the consumer