FURNITURE FOR HOMES.
HIRE PURCHASE FIRM’S FEW BAD DEBTS. ‘So great is the x honesty of the British people that the bad debts of my firm amount only to 1 per -cent-, of its total turnover—and this despite the fact that we furnish 50,000 homes every year.” ' This comment was made by; Air*Benjam in Drage, head of the “furnish out of income” firm, on the subject or a leading article on the value of hire purchase in the Daily Expre-ss.-“The amount of instalment debts outstanding to the firm of Drage totals 61,000,000,’-' he said-to a Daily -Express representative. “In the .whole course of my business career I have had to take a purchaser to the urts on only two occasions, and then only liecause he not only- refused -to pay, but to return any of the furniture.” He added that the- instalment plan was making great headway in Britain, and he agreed with the Daily Expiess that it had raised the standard of comfort and happiness of tin* people.
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Bibliographic details
Hawera Star, Volume XLV, 28 December 1925, Page 5
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169FURNITURE FOR HOMES. Hawera Star, Volume XLV, 28 December 1925, Page 5
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