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Apple Financing On Little But Good Credit
- Thread starter KBS756
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There is certainly something to be said for avoiding debt. I'm not big on going into debt, either. But we're not talking about going into debt on a computer because the OP wants a fancy system. We're talking about making an investment in one's future.
If the OP was buying a Mac Pro to surf porn and send email on you, I would agree 100%. But that's not the case - the OP wants a machine he can use for his work. Any businesses, be it a multinational or a freelancer, must make certain capital investments in order to be able to operate. And sometimes those capital investments require going into debt.
It's the old "you must spend money to make money" thing. Only in this case, you need to borrow money to spend money to make money.
thanks this pretty much is my situation ...
bestbuy sells only the lowest range mac pro if ima gonna invest in somethin i do not wanna buy the lower range and i know how not paying gets u in trouble trust me ive seen it first hand with my parents but i need this for work and thats why i am willing to finance if i am buying somethin i dont need that bad i would make sure id have it full paid not rolling like this.
cosigning isnt even possible because my parents have pretty ****** credit and its only because i work and pay my stuff myself i have good credit
and yea my car is the reason i dont have much money saved up right now but i like it its a lease and ima not endin the lease and i put down 3k for it at the start
but even with that i will be makin enough money to pay off a mac pro relatively quickly and I need a computer for work and without one i will guaranteed loose work or not be able to do it fast enough and waste a lot of time currently my only comp is a aluminum 17 in macbook pro. I need this comp for work and am not buying it because i think macs are cool and i am very sure i can pay it off.
but those are only baseline mac pros .....
It's the old "you must spend money to make money" thing. Only in this case, you need to borrow money to spend money to make money.
Well, if one doesn't even have a couple k to spend on starting a business, the business might not be worth being started to begin with.
The American Dream cost me 20k a few months ago, thanks very much indeed; OP, why don't you just write your congressman and ask him to set up a thing called public transport, then sell the car - problem solved.
leased car ...
not selling it leave that topic alone ....
how else do i get a couple K other than workin i need this to grow my business make it possible for me to do more and do it faster. i have a couple clients i may loose if i cannot do things fast enough and make them wait past the dates they require and as my laptop is my only comp at the moment i cant bog it down with a lot of renderin and other stuff as i will be needing it for other things as well ....
please dont tell me i shouldnt be investing in my business even thought it involves goin into some debt for a period of time because i know for the money i put in and the debt i go under it will help me earn more ...
if anyone else has any suggestions they would be greatly appreciated thanks
How exactly are you planning on configuring this Mac Pro? The dual quad core 3.2's may be a little overkill, the 2.8's might be a little slower, but it'll save you about $1600 and in terms of real world speed it might not be all that noticeable. Also, DO NOT upgrade the RAM through Apple, you can get a much better deal at places like newegg.com. You could probably say the same about the hard drives. You don't really need to load it up with the best of everything when you can do the upgrades yourself for half the price. I have no idea what kind of jobs you're going to be using this thing for, but even the base 8-core Mac Pro is MUCH better than any 17-inch MBP.
Also, were you planning on purchasing a display? The ACD's are very good, but there are other alternatives that are just as good and cheaper. Overall, I'd say buy what you can afford now so you can keep getting work and then upgrade as more funds become available. Like others have said, you're going to have a really hard time getting that much credit if you can get it at all, and it only takes one bad incident on your credit report to ruin it for years. (Also, applying for a lot of credit cards at once is a really bad sign for creditors, especially if you have a very young credit history) But that's just me $.02, best of luck in your future endeavors.
Also, were you planning on purchasing a display? The ACD's are very good, but there are other alternatives that are just as good and cheaper. Overall, I'd say buy what you can afford now so you can keep getting work and then upgrade as more funds become available. Like others have said, you're going to have a really hard time getting that much credit if you can get it at all, and it only takes one bad incident on your credit report to ruin it for years. (Also, applying for a lot of credit cards at once is a really bad sign for creditors, especially if you have a very young credit history) But that's just me $.02, best of luck in your future endeavors.
refurb mac pro nvidia 8800 refurb acd 12 gb ram from macsales 1 tb hdd from somewhere else totals about 6 grand
Look you SAY you can afford it but until you have the money you can't. I don't mean to sound rude but it sounds like you would be incurring a balance each month if you bought this computer. With the current economic conditions I would think people understand that buying on credit when you don't have the money is not smart.
i understand that buyin on cred when the money isnt there with you is not smart. but at the same time i know i will be able to pay off very quickly and if i could wait i would but i need the computer as soon as possible for work (that i am getting paid for) so i cannot wait until i have saved up enough ... otherwise of course i would wait and not even bother with any finance charges
Once again, you cannot start a business without incurring some up-front capital costs. What do you propose - that anyone looking to start a business work at Burger King to generate the start-up funds?Of course not. You take a loan, start working immediately, and pay the money back. Yes, it would be better if a start-up didn't have to take a loan, but that's not how the real world works.
Many people in this thread are confusing taking on debt for personal reasons with taking on debt for valid reasons. If the OP was taking a loan to buy a Mac Pro because he simply wanted one, I would agree 100% with what has been said. But the fact is, in the real world, companies must often incur debt to get off the ground. It is not a case of "not being able to afford", insomuch as not many start-ups have or can find the necessary sums of money without taking a loan.
My parents own their own business. When they bought it, did they save up the very high start-up cost? Of course not. They took a loan, and within a few years the business had paid for itself and started generating profit.
That's how the world works.
My Juniper Mastercard was only for $1500 to start. I paid it off several times and Last summer I called to have the interest rate dropped and the credit limit increased. They doubled the limit and cut the interest rate in half. It's a good card to have after a few years.
thanks will do
i possibly may be able to borrow the money from my dad on the condition that i pay him 1000 a month back till what ive borrowed is paid off
not sure yet but hopefully i can
I'm not understanding why you need the system right now. So how did you do these types of jobs previously? If you don't have the ability to do this type of job, why did you accept it????
This is kind of what I was wondering too...
But, at any rate, maybe you could ask your clients to pay you a portion up-front? It's really not that uncommon or unreasonable for web designers/developers to ask for some sort of deposit before they spend hours/days working on a project.
i do ask my clients to give me 33% upfront but i have not signed a contract or agreed to do these jobs yet (2 of em are from previous clients so they wanna work with me again and 2 with new people so i do not wanna ruin my rep or damage my image with people even before its created) as i have to figure out a way to get the means to do them in a timely fashion. previously i did them on my laptop (3d design not included though) now that i will be having 3-4 at once and i have a need of my laptop for other things i will be doing.
This may be an approach that is too conservative (or common-sense) for what you're looking for, but why don't you turn down the offers that require 3D for now, and stick to projects that you can get done on your laptop? Then, when you make enough to get a Mac Pro (either with cash or credit) you can take the 3D projects....
If i were you, i'd keep the mbp and get a decent pc since you plan on doing the 3d in windows. If your using any 3d opengl rendering, your gonna want a quadro, and apples pricing on the quadro is outrageous. Having the quadro should lighten the load on the cpu a bit too. For stuff rendering in maya a almost any quadro or firegl is better than a geforce as 3d rendering programs like Maya will not use a geforce to render but instead use only the cpu..
Boy these guys are really rough on you.
Listen, You don't need that much RAM, that will be way overkill and will cost to much. 6GB will be plenty for what you need. Also, some companies lease to individuals. I would look at smalldog.com they do some sort of financing.
I would like to also point out when you get this computer make sure to write it off as a business expense. Get a little help from Uncle Sam assuming your in the USA.
Listen, You don't need that much RAM, that will be way overkill and will cost to much. 6GB will be plenty for what you need. Also, some companies lease to individuals. I would look at smalldog.com they do some sort of financing.
I would like to also point out when you get this computer make sure to write it off as a business expense. Get a little help from Uncle Sam assuming your in the USA.
i do not want to turn down any of the jobs i get especially since one of them is an indian celeb
If you can do this, and your dad can front the cash, I think you're making a smart investment. If you pay with credit, I think you're making to risky of an investment--especially at 18 and with the economy.
Anyways, good luck, and let me know how the new work toy goes
. If I read correctly too, you said you can do one of those projects now and get 1k on your laptop. Do it, and throw that 1k into a savings account incase you have one month where you have trouble finding work, then you can pull out that 1k and pay your dad and still be in the clear.
If you are considering borrowing money to buy equiptment for a business. The FIRST thing you have to do is write a detailed business plan. Go to the bank with that business plan and they can help you finance that plan. If you have not written a business plan, you should not be borrowing money to finance your business. Just my opinion, since you asked.