Interest Finance Option question?

N

nicknack

Bronze Level Poster
with the Interest Finance Option can you pay off more then the amount they request monthly? and is it worth it?
 
F

FacetiousPizza

Silver Level Poster
I can't remember where I saw this, but I'm pretty sure you can only pay back the monthly amount they request. You can only pay more is you are going to pay off the remaining amount all in one go, and you have to call up and give notice.
 
PCS

PCS

Administrator
Staff member
FacetiousPizza is correct - you can only pay the exact monthly amount or all of the balance. I would there recommend saving up any surplus cash each month until you have enough to pay off the agreement within the 12 month agreement, thus avoiding any interest charges afterwards. :)
 
MadMan

MadMan

Super Star
so If I picked to get the computer on the Early Settlement Example 1 - Settle after 3 monthly repayments:
finance. Would i be able to pay the amount in full in october without being charged interest or anything? Thanks
 
MadMan

MadMan

Super Star
Thanks because it says 3 months and i can pay in 4 months. I didn't want to select the 11 month one as thats too long. So I can pay back anytime as long as i pay the monthly fee.
 
PCS

PCS

Administrator
Staff member
adnangulaid said:
Thanks because it says 3 months and i can pay in 4 months. I didn't want to select the 11 month one as thats too long. So I can pay back anytime as long as i pay the monthly fee.
Click to expand...

The 3 months and 11 months are just examples - it's a 12 month finance option you can pay on any date providing it's within 12 months and paid back in full as one lump sum. :)
 
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