No score at all and a good incomes works just as good as having an excellent score. You don't need to constantly use debt in order to buy a house. The banks have tried to convince us all otherwise, but it's quite simply a myth.
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How did you pay for your rMBP?
- Thread starter marddin
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No score at all and a good incomes works just as good as having an excellent score. You don't need to constantly use debt in order to buy a house. The banks have tried to convince us all otherwise, but it's quite simply a myth.
This.
I saw some people on here trying to apply for a credit card with no credit history to finance for a MBP. You have to walk before you run. Get a credit card and spend on stuff like gas and clothes first.
I also used ShopDiscover. Im just wondering, have you received your cashback confirmation email yet?
I didn't get any confirmation yet (well my MBP didn't ship yet but Im getting a little worried lol. Thats $110 riding on the cashback)
I prefer the credit card because like other people said, they extend the warranty for a year. I don't pay any credit card interest and get about $600/year back from my credit card. I put all big purchases on it unless it makes sense not to (large cash discount, etc).
My last iMac I handed over $2400 cash, i confused the kid checking me so bad he had to someone to double check his math for change. Sad. Debt card is cash, it's done and gone. If I can't pay cash for luxury goods/wants I'm not buying them.
It is certainly not a myth, your mortgage interest rate is based on your credit history in the US...plain and simple. If you have an excellent credit history then you get the lowest rate, if you have no credit history then you will get a higher rate. There is no way around it sorry.
Now if you pay with credit card but pay it in full month to month then your are building a credit history....
Actually if you carry a balance, unless somehow you get 0% interest, then the points/rewards aren't worth it. Although I'd suggest waiting until you have enough in the bank to pay the card off at the end of the month, otherwise the 0% deal from Apple is a better option as long as you can pay it off in a few months.
I never said you would get the lowest rate. You will pay a little more, but if you have a decent income and a zero FICO score you will get a fair rate.
I know some people are wary of credit cards but as long as you pay them off at the end of the month (don't carry a balance, i.e. no debt), they can be a good thing. I've heard many nightmare stories of people having money locked out of their bank account due to their debit card number being stolen and such. With a credit card, if you see an invalid charge, you call them up and no issue. Plus they do nice things like give rewards or extend warranties.
If for some reason you can't pay a card off at the end of the month, then it is better to use other options.
The apple store in the UK doesn't offer 0% finance via barcleys. U have to pay a fair bit of interest. I asked via the apple store chat and basically for every £1000 u borrow apple charges £150 odd on top so u end up paying quite a bit back. Plus I think u can only do 18, 24 and 36 months.
I'm gonna appy for another credit card as soon as I finish paying for my other one next month.natwest are doing one for 18 months 0%. I'm hoping I get a good limit to buy the RMBP. I've had loans etc so I should be ok. But this will be the most I've spent on a credit card ever. I wouldn't be able to buy one other wise.
I'm gonna appy for another credit card as soon as I finish paying for my other one next month.natwest are doing one for 18 months 0%. I'm hoping I get a good limit to buy the RMBP. I've had loans etc so I should be ok. But this will be the most I've spent on a credit card ever. I wouldn't be able to buy one other wise.
I am just curious as to why so many people evidently like to buy things on hire purchase?
I assume you all actually have tons of money in the bank, but just prefer to pay by installments. What's your rationale behind this? Personally, I just prefer to pay in one lump sum and get it over and done with. I don't have a credit card either, just one debit card, but certainly will have more than enough in my account to fall back on even after splashing on a rMBP (if I were to buy one). I paid for my ipad, iphone and imac the same way as well.
Better to accumulate points and rewards on your credit card?
I assume you all actually have tons of money in the bank, but just prefer to pay by installments. What's your rationale behind this? Personally, I just prefer to pay in one lump sum and get it over and done with. I don't have a credit card either, just one debit card, but certainly will have more than enough in my account to fall back on even after splashing on a rMBP (if I were to buy one). I paid for my ipad, iphone and imac the same way as well.
Better to accumulate points and rewards on your credit card?
Voted - Paid by credit card
Though it will be paid off in full, once it gets charged, at the next statement, haven't paid a penny/cent/other in interest since I was a heavily-in-debt student (nothing against this by the way, as all the interest I used to pay, ended up being a huge investment that eventually paid off)
Though it will be paid off in full, once it gets charged, at the next statement, haven't paid a penny/cent/other in interest since I was a heavily-in-debt student (nothing against this by the way, as all the interest I used to pay, ended up being a huge investment that eventually paid off)
I am sorry but I think its ridiculous that people don't have 2k lying around somewhere. That really is pocket change. You should always have some money on your bank account.
Now its a different story if you have the cash but you just chose to pay in 12 months with 0% interest. Thats actually a good deal. No one likes to hand over 2k all in once.
Now its a different story if you have the cash but you just chose to pay in 12 months with 0% interest. Thats actually a good deal. No one likes to hand over 2k all in once.
Yeah, I did, but mine shipped pretty quickly since I bought it ~30 minutes after the Store came back up after the keynote. So I'd imagine you'll get confirmation around the time it ships.