I was very surprised because just 6 months ago they wouldnt approve me for anythin and my credit was without blemish then as well. This time i needed somethin round 500-1000 just to spread out the hit a little so i could leave some safety room for emergencies and i got approved for so much.
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Best way to finance a MacBookPro?
- Thread starter cjrulli
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I was very surprised because just 6 months ago they wouldnt approve me for anythin and my credit was without blemish then as well. This time i needed somethin round 500-1000 just to spread out the hit a little so i could leave some safety room for emergencies and i got approved for so much.
yes, listen to us experienced ones, i ruined my credit with the whole
"i don't have the money now but ill make it in the future" attitude. at the same time, its good to build your credit, especially if you wanna own a house someday.
credit is good, but use it wisely.
im financing mine since im trying to rebuild my credit. with best buy's 0 interest for 18 months ofcourse.
Ok, so there is some discrepancy with this.
The Barclays card: If I pay it off in 12 months, I don't pay deferred interest, right? I pay no interest?
The wording is very confusing. I thought I had figured it out, but I'm worried that it may not be as it seems.
Edit: What about this Citi card?
https://online.citibank.com/US/JRS/pands/detail.do?ID=CreditCardsOverview
Citi Platinum Select might be good. Looks like it's 0% no matter what for that time. There's not a lot of confusing wording in the description.
The Barclays card: If I pay it off in 12 months, I don't pay deferred interest, right? I pay no interest?
The wording is very confusing. I thought I had figured it out, but I'm worried that it may not be as it seems.
Edit: What about this Citi card?
https://online.citibank.com/US/JRS/pands/detail.do?ID=CreditCardsOverview
Citi Platinum Select might be good. Looks like it's 0% no matter what for that time. There's not a lot of confusing wording in the description.
What got me rolling downhill into the mess wasn't just the PowerBook purchase and the 28.8% interest payments, although the unexpected interest was one of the proverbial tipping points.
I was working for my university at the time, which puts students on a monthly pay period. They screwed up the paperwork somewhere and I didn't get paid one month. I got the money eventually -- the following pay period -- but that meant there was a period of two months where I had no money in the bank. So I put stuff on a credit card, figuring, "well, I'll get the money next month, then I'll pay it all down." Well, when the money came, it wasn't quite as much as the balance, so I paid down what I could, and I said, "No big deal, I'll just sell a few things on eBay, and next month when I get paid, it should all be paid off." That's when the car broke down, and ....
That's how the cycle starts. Basically $%!@ happens and you're always a bit short. You always figure "it's all good, in another 1/2/6 months it'll be all paid off." And somehow, it never quite is.
To revive a sleeping thread for a moment--I'm wondering if financing would be a good way to go towards purchasing a MacBook for someone who wants to spread out their payments over the course of two or three months. I can technically go straight for the buy and plunk $1200 down, but I'm saving for a few other necessities related to the computer and want to spread payments on the item out between at the most, two paychecks. Somewhere in this thread, someone said that you get penalized even for paying off the balance within the 6-12 months--a concept I find absurd but predictable. Is this true? Should I forget about paying down $540+ over the course of a few months and just save for the frigging thing? (it's a purchase that can't really wait as I'm currently enrolled in tech/design heavy classes now and am not looking forward to camping out at my college computer lab for 15 weeks)
If you put it on a credit card and pay over 2 months, you will still have to pay a high interest on what is not paid off immediately. I know nothing about apple's payment system. If you choose one, make darn sure there is no penalty for paying it off early. Best bet is bite the bullet and pay for the computer now and then wait a month or so and slowly pick up the "other necessities." Other option is to go with a refurb which may save you 200-300 bucks which can go for the necessities. good luck.
Are you asking about the 1st year interest-free Barclay credit card offer? If so, then I can say for sure that you do NOT get penalized for paying the balance off early.
I bought mine with this deal and had it paid off in about 8-9 months. And I never paid a cent of interest
Good to know. I was interested in the Barclay Card as an option...might possibly go that route if I am approved. Thanks for your input all!
I just think buying anything on credit and hoping to pay it off over time is a bad habit. Unless you have a really stable income (and as college students, most don't really) you want to avoid a lot of debt. The problem becomes when you might the need the money later on for a real issue you can't come up with the funds before you have to pay off a credit card bill.
For college students I think the best are charge cards; you have to pay it off every month and it creates a good habit.
For college students I think the best are charge cards; you have to pay it off every month and it creates a good habit.