Dell Finance

BenH2

Hi,

I've done something silly - baught a PC with Dell (£400 quid Easter Weekend special!). Anyhow, took out thier finance offer, not sure of the APR (I know...I'm stupid). They take monthly payment by Direct Debit, but if I wanted to pay more every so often, could I? And would I be charged? Is this common for a loan?

Also, I may be getting a credit card soon with a lower APR, how could I transfer the debt from them to the card. I bet they don't let you pay it off with a credit card.

Thanks

davilown

BenH2 wrote:

Hi,

I've done something silly - baught a PC with Dell (£400 quid Easter Weekend special!). Anyhow, took out thier finance offer, not sure of the APR (I know...I'm stupid). They take monthly payment by Direct Debit, but if I wanted to pay more every so often, could I? And would I be charged? Is this common for a loan?

Also, I may be getting a credit card soon with a lower APR, how could I transfer the debt from them to the card. I bet they don't let you pay it off with a credit card.

Thanks

Hi I phoned them up to ask about paying more but they wouldn't let me - not very good considering. Just make sure you pay it asap before the 0%int period runs out!

:beer: monster

BenH2

There's no zero percent on mine, its 18% APR from the outset and is for 36 months. Kind of don't want it handing round my neck that long. So, they wont accept payments on credit cards?

YorkshireBoy

BenH2 wrote:

So, they wont accept payments on credit cards?

I can't answer your question about paying more or settling early. You have the T&C's in front of you - what do they say?

With regard to credit cards, you'll need a card offering 'Super Balance Transfers' (SBT's).

Warriorsith

I too purchased a Dell Computor, and am suppose to repay £38.43 per month but I'm terrible with direct debt dates, so I cancelled the DD and send them a cheque of atleast £50 per month to clear this debt, I have £400 to go and am going to repay it by mid July 06 when it's supopse to go to March 07, they haven't said anything to me. I doubt they'll have a problem with it and I'd be glad when it's cleared so I can focus on my other debts.