I am sitting at 775~ credit rating and looking to get it a bit higher and although I have the money on hand to buy it outright I was interested in using the RBS citizens payment plan from the education part.
How exactly does it work? I have used google though the questions were mainly about if they should or not. Is it similar to a loan or does it actually apply you for a credit card?
Again I do have the cash on hand to buy it but I do want to increase my credit limit and some of you may say to just buy it and avoid the trouble/risks but that isn't what I am interested in. I have built my credit through merely my credit cards and never had a loan but I am unsure if this is a loan or an application for a credit card.
I read some of the details albeit some were a bit vague but I find it better to ask those who have used it or know of it.
For those curious I am buying a Retina iMac @ $3500.
Thank you for reading.
How exactly does it work? I have used google though the questions were mainly about if they should or not. Is it similar to a loan or does it actually apply you for a credit card?
Again I do have the cash on hand to buy it but I do want to increase my credit limit and some of you may say to just buy it and avoid the trouble/risks but that isn't what I am interested in. I have built my credit through merely my credit cards and never had a loan but I am unsure if this is a loan or an application for a credit card.
I read some of the details albeit some were a bit vague but I find it better to ask those who have used it or know of it.
For those curious I am buying a Retina iMac @ $3500.
Thank you for reading.