Currys 0% finance for 12 Months

vitez

Hi all!
I have just entered an agreement with Currys after buying a HD TV with 0% finance over the 12 months, but got suspicious as soon as I returned home. I never buy things in this way but I thought I would this time as the deal seemed really good. I get the TV now, pay the full balance + £25 pound early settlement fee on 6th June 2009 and that would be it, the salesman said. I haven’t even received any papers in the post from HFC (who are the lender in this case) yet but I was just curious as to how you can make the full settlement? Do HFC give you an option to pay x amount on the first date? Or would I need to send them a cheque? Has anyone else gone through the same process and how compliant were the bank when settling the deposit early?

Thanks for any advice


V

karen_newcastle

So it's a "buy now - pay June 09" deal? I did this once on a freezer and forgot the pay the balance within the 12 months and they stung me for all the interest over the last 12 months and as the APR was quite high it was a considerable about £100 or so. This was back in the days when I was less 'educated' about the importance of money savvy!

So just make sure you pay every penny back before 6 June!

deanos

I did it a few years back, as mentioned make sure you pay it off well before the due date and you will be fine, what i did was pay it off at the HFC branch, i presume you can send a cheque why not ring them up ?

sugarbabe861

all you need to do is phone up HFC with your aggreement number and you can pay them over the phone with a DEBIT card NOT a CREDIT card or ask them where you can send a chq to or better still go to there website find the nearest branch to you and pop in

hope this helps if you are still unsure then pop into the store and they will be happy to help