Apple Loans System

Discussion in 'Mac Basics and Help' started by intempo808, Feb 26, 2008.

  1. intempo808 macrumors regular

    Joined:
    Jun 7, 2007
    #1
    Hey,
    I've wanted a MacBook for about 2 years now, but simply can't afford £699 in one go. So, i've been looking into these Apple Loans, provided by Clydesdale Financial Services Ltd. The loan sounds great and everything, and i can do the monthly payments etc.

    I just dont know what to do, pay a little extra (interest) and use the loan, or save up (which i never manage to do) and buy it in the next few years.

    Thanks for the advice :D
     
  2. Batt macrumors 65816

    Batt

    Joined:
    Dec 17, 2007
    Location:
    Syracuse, NY
    #3
    Just don't take longer than 2 years to pay it off.
     
  3. intempo808 thread starter macrumors regular

    Joined:
    Jun 7, 2007
    #4
    Ok,

    I had a look into the loan system. Firstly, I get charged an extra 15.7% APR Typical. I then worked out that this was an extortionate £106 extra a year or something! And they call these APR rates "competitive"! Haha...

    So, im saving for it. I already have £41.66, but, good thing is, my Dad has a business that "could benefit" form a MacBook, meaning I might be able to get it VAT free. :p

    Also, all my money is being saved in savings account, so I earn about 5% interest on it :p

    I WILL NOT SPEND THIS MONEY ON SOMETHING ELSE!!!
     

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