Hire purchase

The price tag is just the start

Kiwi Story

Sue’s 15, working at the supermarket after school, and getting into mountain biking. She’s ...

The right sort of debt

Kiwi Story

Brendan has decided to get a qualification through distance learning. He needs a computer at home so ...

Car loans

There is a lot to think about when you buy a car - fuel efficiency, safety, reliability and, of course, the cost. Buying a car can be a big expense.

Hire purchase

Hire purchase and credit sale agreements can seem like a great way to pay when you haven't got the money right now. Particularly if the retailer offers an interest free period.

Glossary: interest
Money paid in return for the use of money. If the bank is using your money (in a savings account) they pay you interest. If you are using the bank's money (via a loan), you pay the bank money.

Pay off debt or save?

Should you pay off your debt faster or start saving now?

Glossary: debt
Debt is what you owe - it comes in many forms, including mortgages, personal loans, credit card balances, hire purchase agreements, loans from family.