How is Newegg's preffered accounts?

[HoboKindaDude]

Hey I am new to this forum and I was just wondering how Newegg's preffered account was. I don't know anyone who has tryed it or even heard anything about it. I am interested in finding out information about the no pay for 6 months. I understand that u have to have an order of $500 or more to have the no pay for 6 month option. But is the preffered account some sort of credit card? and if i do do the preffered account no pay for 6 months to i have to have money on my debit card when i place the order? i would really apreciate ur response if u have any information on this what so ever.

 

[blert]

The neweeg prefferred account is the same as a regular line of credit, but can only be used at thier store. They will do a credit check and issue a line of credit based on all of the criteria normally used to get a regular credit card. It'great to have if you want to purchase a high dollar item and can pay it off in six months, otherwise stay away -high interest rate. My brother recently applied and he only makes 25k a year but still recieved a $4000 line of credit....

 

[HoboKindaDude]

what i only have a part time job? i only 17. think i could still apply for it? cuz i only need a credit off about $900. its kind of alot...but not really...hehe...o and i probably don't have credit huh? i would need to get some right? how would i do that...i only gots a debit card. :-\

 

[HoboKindaDude]

 

[HoboKindaDude]

bump bra!

 

[zainali]

save money and then buy.