In addition to information and support, the Agency will ensure that complaints are handled properly by the finance companies it regulates. Hire-purchase agreements are similar to rental contracts that give the renter the opportunity to buy at any time during the contract, e.B. rental cars. Like lease-to-buy, hire-purchase can benefit consumers with poor credit scores by sharing the cost of expensive items they would otherwise not be able to afford over a longer period of time. However, this is not the same as a credit extension, as the buyer technically does not own the item until all payments have been made. These contracts are most often used for items such as high-quality cars and electrical appliances, where buyers cannot pay for the goods directly.