The Student Room Group

What are consingments

can someone explain what consignments are as a method of payment as well as the advantages and disadvantages of them
Hey, consignments are like post-pay returnable goods acquired by a cosignee to sell on behalf of a cosigner in simple terms. Advantages and disadvantages depend on your perspective. The cosigner or cosignee?
Original post by Jojo wrights
Hey, consignments are like post-pay returnable goods acquired by a cosignee to sell on behalf of a cosigner in simple terms. Advantages and disadvantages depend on your perspective. The cosigner or cosignee?

cosigner
Perhaps you could inbox me we discuss this in more detail?
I'd be happy to assist.
Original post by Jojo wrights
Perhaps you could inbox me we discuss this in more detail?
I'd be happy to assist.


Thanks i will do that!
Just realized that I can't Rey to direct messages cos my account is new but let me summarize this in the shortest way possible.
Since the payment is sent to the cosignee after sales, the cosigner experiences reduced risk, low capital and improved competitive advantage to name a few. I hope that sheds insight on where to begin. If you need more help I'd be happy to communicate more at a personal level [email protected], thanks.

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