Adinnieken said:
Actually the "interest" is only about 9% for the US deal, which is a better rate than most credit cards offer, and is significantly better than the Rent-to-Own interest rates that typically border on criminal. For someone without the money to afford the console in a lump sum, a subsidized console offers an inexpensive alternative without having to go through a credit check. |
meh, in germany the big electronic stores usually have 9.9% interest on deferred payment and often offer 0% interest for several weeks/a month each year
the only difference I see here is that at those stores you don't have to pay a third up front and that you can choose how many monthly rates you want to have in total (6-30 monthly rates)
well, I'm personally not into that kind of payment at all - it may be good to buy a house or a car, but people imo really should make sure they can save up enough to buy the consoles/TVs/electronics they want
