If the refrigerator costs R3,600 and you have to pay a 10% deposit, the deposit is R360. They then borrow the credit (R3,600 – R360 = R3,240) at an interest rate. The store will tell you how many months you will have to repay the loan and what your monthly payment will be. If you pay a larger amount, you will have to borrow a smaller amount and the total amount of interest you will pay will be lower. Do you want a stress-free, low-cost option that you`re happy to commit to for a few years? So go for a rent purchase. The financial house can only repossess the goods in certain circumstances. If the consumer has not yet paid one third of the total cost of the rental, the owner may at any time repossess the goods without taking legal action against the consumer. However, if the consumer has paid one third or more of the total cost of the rental purchase, the owner cannot repossess the goods without taking legal action. Any deposit paid at the beginning of the agreement or the value of a payment shall be taken into account, for example, for the calculation of one third of the costs. . . .