FINANCING OF CONSUMER DURABLES AN EVALUATION

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Introduction The moment a person comes into this world he starts consuming products such as food, clothes, medical service, etc. Whether a person is a doctor, a student, a teacher, or an architect. S/he is a consumer and the whole economy operates for and around consumers. In simple terms, a consumer is a person who consumes or uses any commodity or service available to him either from natural resources or through a market for final consumption.