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  • FIRST POST
    • Martyn Blackburn
    • By Martyn Blackburn 13th Mar 18, 4:42 PM
    • 3Posts
    • 0Thanks
    Martyn Blackburn
    Paying off the interest on Argos Store Card.
    • #1
    • 13th Mar 18, 4:42 PM
    Paying off the interest on Argos Store Card. 13th Mar 18 at 4:42 PM
    I lost my job recently and couldn't pay off the full balance as the BNPL ended on a PC I bought in-store, so now I have little money to pay off the outstanding balance. And yes I have to pay interest, which is 115 APR quid from the date of purchase. At the amount I can pay each month, it will take me about 5 months just to pay off the interest alone, and then start paying of the actual balance. Yeah it would be great if I had another job, but I've ust moved 30 miles and left my family behind (and my dog) just to get the job I have now lost. No matter, the interest is high when you've got no money coming in.

    I will never again take for granted that I could lose my job at any time, and this means I will not likely ever buy something like a PC with credit in the future.

    Lesson learned.

    As I live and breathe...
Page 1
    • Ben8282
    • By Ben8282 14th Mar 18, 12:33 AM
    • 2,353 Posts
    • 1,078 Thanks
    Ben8282
    • #2
    • 14th Mar 18, 12:33 AM
    • #2
    • 14th Mar 18, 12:33 AM
    What sort of APR is 115 APR quid?
    As your OP doesn't exactly ask any question difficult to know how to answer you.
    • Martyn Blackburn
    • By Martyn Blackburn 14th Mar 18, 1:18 AM
    • 3 Posts
    • 0 Thanks
    Martyn Blackburn
    • #3
    • 14th Mar 18, 1:18 AM
    • #3
    • 14th Mar 18, 1:18 AM
    APR at 115.
    As I live and breathe...
    • Ben8282
    • By Ben8282 14th Mar 18, 1:23 AM
    • 2,353 Posts
    • 1,078 Thanks
    Ben8282
    • #4
    • 14th Mar 18, 1:23 AM
    • #4
    • 14th Mar 18, 1:23 AM
    APR at 115.
    Originally posted by Martyn Blackburn
    APR is a % not an amount
    • Martyn Blackburn
    • By Martyn Blackburn 14th Mar 18, 11:54 AM
    • 3 Posts
    • 0 Thanks
    Martyn Blackburn
    • #5
    • 14th Mar 18, 11:54 AM
    • #5
    • 14th Mar 18, 11:54 AM
    Silly me. 29.9% APR
    As I live and breathe...
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