hes totally right on that oneOne thing to consider on those 12months no interest promotions. Typically what these companies do is give you a year to pay off the item. If you go over a year in payments they retro actively charge the interest for THE WHOLE year. A $1000 purchase with 20% interest becomes 1200.. or more (some credit card companies are creative with interest). Furthermore sometimes what they will do is say you buy your amp on March 6th, they will make your payments due on the March 15th. So on that 12th month if you send the final payment the day the payment is due it wil be over 12month term to pay off the loan. Make a effor to pay off the balance in full at around 11months to be safe.
Good luck with your purchase, I love mesa but I hate credit cards so I thought I would share with you some basic consumer advocacy info =)
elpingua said:One thing to consider on those 12months no interest promotions. Typically what these companies do is give you a year to pay off the item. If you go over a year in payments they retro actively charge the interest for THE WHOLE year. A $1000 purchase with 20% interest becomes 1200.. or more (some credit card companies are creative with interest). Furthermore sometimes what they will do is say you buy your amp on March 6th, they will make your payments due on the March 15th. So on that 12th month if you send the final payment the day the payment is due it wil be over 12month term to pay off the loan. Make a effor to pay off the balance in full at around 11months to be safe.
Good luck with your purchase, I love mesa but I hate credit cards so I thought I would share with you some basic consumer advocacy info =)
elpingua said:One thing to consider on those 12months no interest promotions. Typically what these companies do is give you a year to pay off the item. If you go over a year in payments they retro actively charge the interest for THE WHOLE year. A $1000 purchase with 20% interest becomes 1200.. or more (some credit card companies are creative with interest). Furthermore sometimes what they will do is say you buy your amp on March 6th, they will make your payments due on the March 15th. So on that 12th month if you send the final payment the day the payment is due it wil be over 12month term to pay off the loan. Make a effor to pay off the balance in full at around 11months to be safe.
Good luck with your purchase, I love mesa but I hate credit cards so I thought I would share with you some basic consumer advocacy info =)
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