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Debt Tricks To Avoid When Purchasing A New Car – All4Women

Debt Tricks to Avoid When Purchasing a New Car – All4Women

Tricks to Avoid When Purchasing a New Car

In this All4Women article Wikus Olivier, debt counsellor at DebtSafe, discusses the various debt tricks to avoid when purchasing a new car.

Consumers often fall for alluring promises of low interest or zero deposit. These offers might seem attractive when advertised, but it will most likely have serious consequences in the near future.

Many individuals going through debt counselling have experienced these types of debt tricks. Leading them deeper into debt. This is because consumers don’t really look at the fine-print. Ending up with higher instalments or having to pay back their loan over a longer period of time. Wikus lists four debt tricks to avoid when purchasing a new car.