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Anyone Here Used Amazon Visa For Financing? (I Got The Card!)

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Gizmo j said:
And as I said before I donate plasma for extra cash.
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Yeah but you're already doing that and not saving anything so when you have a payment to make every month where's it going to come from?

Say you'd bought this laptop last month where is today's payment going to come from right now?

Or, if you buy it right now, what are you going to do differently this month to make sure you have enough to pay the bill in a month. And are you going to be able to do that every month for a year?
 
Maybe you can use this to understand why paying it off sooner rather than later is better. I just guessed at an interest rate of 21%.

Credit Card Calculator

Free credit card calculator to find the time it will take to pay off a balance, or the amount necessary to pay it off within a certain time frame.
www.calculator.net www.calculator.net

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Looks like he has 0% interest, but the fine print matters(and no I'm not gonna read it). Make a payment late by a single day, and they can really fuck you over. Or not. Hard to say unless you read the entire agreement, and they're super fun to read.
 
nakedfrog said:
Ah, I see it does have a 0% APR listed in there, still, better to pay it off sooner to avoid the risk of the unknown, maybe you get sick and can't donate for a few weeks or something.
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It was mentioned earlier that 0% APR has one scummy catch. If you don't pay off the entire balance within 1 year, the bank gets to charge full interest from day 1.

Or as @lxskllr just mentioned, one late payment and good bye 0%.

Suffice to say CC-issuing banks know precisely how the game works, and "the house always wins."
 
manly said:
It was mentioned earlier that 0% APR has one scummy catch. If you don't pay off the entire balance within 1 year, the bank gets to charge full interest from day 1.

Or as @lxskllr just mentioned, one late payment and good bye 0%.

Suffice to say CC-issuing banks know precisely how the game works, and "the house always wins."
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I think that's pretty standard for 0% APR deals, but fortunately the cards I use do actually track balances that are under the 0% APR promo and when that balance will come due, along with how much interest is going to show up if I fail to meet the conditions. But I also know how credit cards work, so I've got that going for me, which is nice. And I'm not currently offering bodily fluids in exchange for funding. Maybe if my OnlyFans takes off.

No, I don't actually have an OnlyFans... tempted to sell feet pics though.
 
nakedfrog said:
Ah, I see it does have a 0% APR listed in there, still, better to pay it off sooner to avoid the risk of the unknown, maybe you get sick and can't donate for a few weeks or something.
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I actually think in Gizmo’s situation it would be better to put the extra cash aside. No reason to pay it off early at 0%, and I’m not familiar with terms but often for these installment loans “paying ahead” reduces the principal but you’ll still be on the hook for that monthly payment due every month.

Meaning if he puts an extra $200 one month, then misses a payment the next month, he’d be in a lot worse shape than if he had kept that extra $200 in the bank for a rainy day.

Anyway, I too feel bad that Gizmo is in this situation. Although I guess it’s still “first world problems”

For me personally when I hit an income level where I realized I had enough discretionary income I could basically buy a new Macbook Pro every month without seriously effecting my budget felt like I finally “made it”. Although this is coming from someone who lives off beans and noodles and drives 20 year old cars so my baseline expenses are probably a lot lower than many. Computers and tools are pretty much the only things I splurge on these days.

I hope you enjoy your gaming laptop Gizmo! Let us know what you play.
 
yottabit said:
I actually think in Gizmo’s situation it would be better to put the extra cash aside. No reason to pay it off early at 0%, and I’m not familiar with terms but often for these installment loans “paying ahead” reduces the principal but you’ll still be on the hook for that monthly payment due every month.

Meaning if he puts an extra $200 one month, then misses a payment the next month, he’d be in a lot worse shape than if he had kept that extra $200 in the bank for a rainy day.

Anyway, I too feel bad that Gizmo is in this situation. Although I guess it’s still “first world problems”

For me personally when I hit an income level where I realized I had enough discretionary income I could basically buy a new Macbook Pro every month without seriously effecting my budget felt like I finally “made it”. Although this is coming from someone who lives off beans and noodles and drives 20 year old cars so my baseline expenses are probably a lot lower than many. Computers and tools are pretty much the only things I splurge on these days.

I hope you enjoy your gaming laptop Gizmo! Let us know what you play.
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On the one hand, you're right, on the other hand, I'm not sure I have enough faith that that money would be left there... which is why I advocate for him just paying it off as quickly as he can.
 
Make sure you set up online banking so you can actually see the card balance and make payments. Every week or so login, look at balance, and pay it. Only thing that's a bit annoying is credit card transactions, including payments, tend to be delayed so something to keep in mind. It's easy to use the card over time and forget how much stuff adds up. So try to always be on top of it. Better to be on top of it than to wait for the statement to come in.
 
Gizmo j said:
I bought the laptop.


Amazon.com: HP Omen Max 16-inch Gaming Laptop: Intel Core Ultra 7 255HX, NVIDIA RTX 5070 Ti, 32GB DDR5 RAM, 1TB SSD, 16" WQXGA (2560x1600) 500 nits Display, Windows 11 : Electronics

Amazon.com: HP Omen Max 16-inch Gaming Laptop: Intel Core Ultra 7 255HX, NVIDIA RTX 5070 Ti, 32GB DDR5 RAM, 1TB SSD, 16" WQXGA (2560x1600) 500 nits Display, Windows 11 : Electronics
www.amazon.com
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Congrats on your new purchase! I hope it serves you well for many years to come.🙂
It looks like a killer gaming laptop!
 
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