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Cobra Forums
The Terminator
Terminator Talk
American muscle Bill me Later?
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<blockquote data-quote="CobraBob" data-source="post: 10066603" data-attributes="member: 6727"><p>Nothing really new about this as far as a program. Even eBay has been promoting it for months. You spend $250. or more and pay it off over 6 months with no interest. However, if you don't pay the total within 6 months you will pay 6+months worth of interest at 19.99%! <u>I do not recommend buying anything you can't pay for in 30 days.</u> That's being financially wise which will pay off in the long run by reduced overall debt. Don't let the lure of paying for a big purchase over 6 months lull you into having to make payments you can't afford. Hopefully we've learned some lessons since the economic meltdown, in part due to American's putting too much on their credit cards. I see this type of a program helpful IF you take the total amount, divide by 6, and know that you can afford that payment for 6 months without affecting your overall budget. If not, do yourself a favor and save your money until you can pay for it in 30 days. JMO.</p></blockquote><p></p>
[QUOTE="CobraBob, post: 10066603, member: 6727"] Nothing really new about this as far as a program. Even eBay has been promoting it for months. You spend $250. or more and pay it off over 6 months with no interest. However, if you don't pay the total within 6 months you will pay 6+months worth of interest at 19.99%! [U]I do not recommend buying anything you can't pay for in 30 days.[/U] That's being financially wise which will pay off in the long run by reduced overall debt. Don't let the lure of paying for a big purchase over 6 months lull you into having to make payments you can't afford. Hopefully we've learned some lessons since the economic meltdown, in part due to American's putting too much on their credit cards. I see this type of a program helpful IF you take the total amount, divide by 6, and know that you can afford that payment for 6 months without affecting your overall budget. If not, do yourself a favor and save your money until you can pay for it in 30 days. JMO. [/QUOTE]
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American muscle Bill me Later?
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