YANBMLT: What's the down side to Newegg's Bill me later plan?

[djheater]

I have about $700 worth of crap I want to pick up... what's the down side of picking it all up now and paying for it IN FULL over three months instead of picking it up slowly over the same time period...

Besides the inevitable credit check...

 

[PreachTru]

There isn't really a down side to the Bill Me Later option as long as you pay it off within the grace period. If you picked up the items seperately over a three month period you might find yourself paying less for the components due to price drops.

 

[djheater]

Originally posted by: PreachTru
There isn't really a down side to the Bill Me Later option as long as you pay it off within the grace period. If you picked up the items seperately over a three month period you might find yourself paying less for the components due to price drops.

Granted...
But I want my STUFF NOW!!! 🙂

 

[PingSpike]

You buy stuff you can't afford under the false assumption you'll some how be richer three months from now?

 

[djheater]

Originally posted by: PingSpike
You buy stuff you can't afford under the false assumption you'll some how be richer three months from now?

You're making an assumption as to what I can afford. I may not use my money in the same way you do. You need to be OK with that.

 

[BrokenVisage]

Wouldn't this be the first NBML thread? 😛

 

[PingSpike]

Originally posted by: djheater

Originally posted by: PingSpike
You buy stuff you can't afford under the false assumption you'll some how be richer three months from now?

You're making an assumption as to what I can afford. I may not use my money in the same way you do. You need to be OK with that.

You asked a question. I gave you an answer. That is why they offer this plan, so you'll buy stuff you otherwise would not/could not.

 

[yllus]

In the fine print, you sign over your soul.

 

[djheater]

Originally posted by: PingSpike

Originally posted by: djheater

Originally posted by: PingSpike
You buy stuff you can't afford under the false assumption you'll some how be richer three months from now?

You're making an assumption as to what I can afford. I may not use my money in the same way you do. You need to be OK with that.

You asked a question. I gave you an answer. That is why they offer this plan, so you'll buy stuff you otherwise would not/could not.

When you put it that way, I consider myself pwned 😱

 

[Zugzwang152]

Originally posted by: yllus
In the fine print, you sign over your soul.

sh|t :|

 

[djheater]

Originally posted by: Zugzwang152

Originally posted by: yllus
In the fine print, you sign over your soul.

sh|t :|

I'm on a third mortgage there anyway, along with several refinancings... to me it's just more paperwork on an already over-valued asset. Why the h3ll not.

 

[djheater]

Has anybody actually used it?

 

[klah]

The downside is when their billing system goes down, your payment is received late, and you are charges retroactive interest.