Interest Free Credit

[andy_moule]

I'm looking to buy a pole soon, but can't afford to pay for it in one hit.

 

I know Bennetts do 5 months free credit but they don't have the pole I want. Are there any other online stores that I could try?

 

Cheers,

 

Andy.

[darrell.cook]

Andy

If you buy it with a credit card, then transfer the balance on to another one you can often get 6 months free credit!

[andy_moule]

I've got enough credit cards already, I can't trust myself to pay it off in six months...

[chesters1]

why dont you save the money for six months ,by that time the pole will be a couple of generations old ,1/2 the price and with the remainder you could get rat a*sed every night for a fortnight

[ayjay]

What a spiffing idea!

I don't want a pole but I'm going to start saving for one just so's I can get rat a*sed.

[andy_moule]

I can't stand those 20ft drain Tench busting me up in the weeds and laughing at me for another six months!!!!!

[Peter Waller]

Interest Free Credit is not all that it's cracked up to be. The 'interest' that would have been paid is calculated, and then generally added either to the purchase price or to the credit balance, but generally the former. The retailer gets between 5%, & 15% introduction commission. The finance company rely on the fact that most folk don't settle by the due date and therefore they end up paying inflated interest charges to cover the so called 'free' period, and to cover the fact that some folk actually do settle in time. There is no such thing as a free ride in the 'credit' industry. Cheque spread is probably the best deal, but even then the price might be 'loaded'. An expensive pole on 'credit' might be a cheap pole with a 'loaded' price to cover the expense of 'free' credit, so be very wary. In reality there is no such thing as 'interest free credit'! Someone pays for it, somewhere along the line, namely the punter - you! Deals are NOT deals, they are selling tools, tools that the customer pays for. Double the price and then sell it at 50% off! We all fall for it!

 

[ 22 June 2002, 01:26 PM: Message edited by: Peter Waller ]

[chesters1]

i used to enjoy haggling over the price and waving a bunch of notes in the sellers face (those were the days) now it is illegal to offer a discount on cash if you offer it on intrest free credit :mad: credit is credit whatever they call it .also annoys me that phone boxes cost many times more to make a call although you are paying up front and there is a minimum charge of 20p :mad: :mad: