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0% Financing


Carolina Husker

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As long as you have the cash on reserve on top of your 6-9 months salary savings no.

If they know you have good credit and offer 0% they are banking on you losing your job. Its a gamble and sooner or later they will win, just as you will lose.

Personally I will do it, but plan on paying it off in 6 months max. If I cant do that then I cant afford it.

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As long as you have the cash on reserve on top of your 6-9 months salary savings no.

If they know you have good credit and offer 0% they are banking on you losing your job. Its a gamble and sooner or later they will win, just as you will lose.

Personally I will do it, but plan on paying it off in 6 months max. If I cant do that then I cant afford it.

That depends on what they are selling. Many of them look at it as a way to sell their stuff, with an added bonus if the customer doesn't get it paid in time. They are looking at the overall bottom line of the company and its ability to move the product.

They also think that it tends to make it more likely that you will be a repeat customer.

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we got a new HVAC system on 0% financing/3years.

it was a great option.

so where'd you get it that you were able to finance it?

I knock on wood every summer that our a/c doesn't go out..and every year it breaks...$80 here...$130 there...I'm scared that her big death is right around the corner....it was put in around 1995.....

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typically financing offers like that come from a third party bank. The company you buy the product from basically buys down your rate to use as an incentive. They rarely see a nickel if you don't pay in time.

Yep. The solar company I worked for offered 0% interest. We would cut deals to customers who did not use it though because it basically took 6% off our profit when they did.

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