Why are internet payments for hire purchases usually high? A,of the credit worthiness of the customer? B,the purchaser does not have to pay any deposit?

A, of the credit worthiness of the customer. Internet payments for hire purchases are usually high because the lender may charge higher interest rates to customers with lower credit scores or less established credit histories. This is to compensate for the increased risk of default on the loan. Additionally, lenders may also charge higher fees or require additional insurance on the purchase to protect their investment.

B, the purchaser does not have to pay any deposit. When a purchaser does not have to pay a deposit on a hire purchase, the lender may increase the monthly payments to cover the cost of the item over the term of the agreement. This can result in higher overall payments compared to if a deposit was paid upfront. Additionally, not paying a deposit may also indicate a higher risk for the lender, leading to higher interest rates or fees.

B,the purchaser does not have to pay any deposit?