Buying HD TV on finance ?

Lessbutbetter

Does anyone know of anywhere online or elsewhere, that you can apply for finance for a new tv?

Has anyone done this recently

Is it hard to get accepted for the finance?

I earn well however would like to buy a nice new tele and spread the cost over 4-6 months.

All suggestions welcome

PeterJohnson

Hi

Currys / PC World often provide offers for buy now/pay 12 months time. I got one of these when I bought my HD TV etc. They are great as long as you budget and settle the account within 12 months or the deadline they agree with you. If you don't you could be looking at interest of 26-30% APR. Worth calling in the sores to see if they are currently running these offers.

As I said though be warned if you do budget and save to pay it off in time . ..

Good luck

JimmyTheWig

Lessbutbetter wrote: »

All suggestions welcome

In which case I'll suggest what I would do...

Check out your local freegle / freecycle and get a free second hand CRT TV that will do for now.
Save up the money over the coming months to buy a new TV.
Buy one outright and save money on finance deals.

[And if they're doing 0% finance when you come to buy, ask for a discount for cash.]

PeterJohnson

Great idea.

In fact now you can probably get a flat screen second hand as people move on . . .

macman

An interest free credit card would be a simpler approach if you only want 4-6 months credit.

Kurtis_Blue

Wait 4-6 months?

JimmyTheWig

PeterJohnson wrote: »

In fact now you can probably get a flat screen second hand as people move on . . .

Certainly don't tend to get them when I've looked, but probably won't be too long away.

[Unless you mean second hand and pay for it (as opposed to freegle/freecycle), which I'm sure you can do!]

JimmyTheWig

macman wrote: »

An interest free credit card would be a simpler approach if you only want 4-6 months credit.

I agree from the numbers side of things (especially as you could then stooz the money until the 0% ran out) but I disagree on the principle of it - why not just wait?

Lessbutbetter

Jimmythewig - thank you for the suggestion. I'd prefer to get a sprank new one, as we've just moved into a bigger house and the current LCD is too small. Thank you

Macman - i doubt that i'd be accepted for any type of 0% interest card. my credit files are good but i've been coming on here recently and reading how people with "good credit" reports are being rejected. I've only applied for one CC, and that was a little Cap1 only 4 months ago. Its rubbish really and i only use it for diesel - couldn't even put the price of a tv on it!

Was given an 80-90% chance for a Barclaycard Initial yesterday on their eligibility checker, but id probably get accepted with something like £400 limit which i don't want.

Just been on MISCO and DABS and see they use V12 for their financing. Interest is high though.

thanks for your responses people

Sowfie

Maybe try applying for an Argos Card? They give you an interest free credit period when you buy items over a certain amount, so if you're determined to pay it off over 4-6 months then you could avoid paying interest.