Financial institutions will not be allowed to repossess vehicles with defaulted monthly payments where 75 percent of the hire purchase total has been settled when the Hire-Purchase (Amendment) Bill 2010 is gazetted soon.
Financial institutions will not be allowed to repossess vehicles with defaulted monthly payments where 75 percent of the hire purchase total has been settled when the Hire-Purchase (Amendment) Bill 2010 is gazetted soon.
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