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Hot for some: 30 months same as cash@ Good Guys!

Good Guys in souther california brought back the 30 months same as cash (no interest for 30 months with min. payments) until October 31 on purchases $499 and above (must apply for GG Card). Best Buy offers 24 and CC offers 18. This is a great deal if you are looking to buy home theater system with a big screen or plasma and don't have the money right now, like most of us!
 
The interest starts accruing(spelling?) on the day you purchase the item. If you didn't pay it all within 30 months, the interest, 30 months worth, will be added.
 
Originally posted by: PING
The interest starts accruing(spelling?) on the day you purchase the item. If you didn't pay it all within 30 months, the interest, 30 months worth, will be added.

Ouch.

I never really knew how that worked. Talk about motivation to get it paid off in 30 months.
 
Originally posted by: luto1999
yea but trust me, most people that dont have it paid in 30 months are either to stupid or too lazy to do that

That's who the Credit companies make their money from... 🙂
 
Originally posted by: BlueWeasel
Originally posted by: PING
The interest starts accruing(spelling?) on the day you purchase the item. If you didn't pay it all within 30 months, the interest, 30 months worth, will be added.

Ouch.

I never really knew how that worked. Talk about motivation to get it paid off in 30 months.

Best Buy does this on their "no interest" promotions. NOT a big surprise.
 
Originally posted by: Anonemous
Originally posted by: luto1999
yea but trust me, most people that dont have it paid in 30 months are either to stupid or too lazy to do that

That's who the Credit companies make their money from... 🙂

That's why it's a hot deal for some, and just a temptation for the others
 
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