Currys - buy now pay later finance

Ironops

Well-known member
Im thinking of getting a new laptop from Currys. They do a 'buy now, pay nothing for 6 months' deal on the one I want. After 6 months you pay 24% interest for between 12-36 months so payments can be more or less

How does the interest work if I pay it off earlier that say the 36 months? Do just pay off the amount I owe at that time or do I have to pay the interest as if I were paying for the full 36 months?
 
ask the company, each one has it own rules. They’ll outsource the finance, maybe hitachi or Barclays partner finance. If you pay it off early it usually the amount you owe plus up to 56 days/2months interest. Again differs from company to company
 
From their website. Important bit in bold.

"With Buy Now Pay Later, you can defer your repayment for the specified Buy Now Pay Later period. You will still be asked to select a repayment term of between 12 and 36 months at point of sale. If you choose to pay the full credit amount by the end of your Buy Now Pay Later period, you will pay no interest on your purchase. Should you choose not to pay the full credit amount by the end of your Buy Now pay Later period, any outstanding balance left to pay will be added to your standard Your Plan account balance and incur interest from the date of purchase at 24.9% APR representative (variable). This will then be charged in accordance to the repayment term you selected at point of sale.

Two months before your Buy Now Pay Later period ends you’ll receive a reminder letter or email, reminding you of your repayment options."


They do also state you can overpay or clear the balance in full at no extra cost. But again they could have additional cost built in to make the above bit valid, you definitely would need to ask or read the t's and c's.
 
Im thinking of getting a new laptop from Currys. They do a 'buy now, pay nothing for 6 months' deal on the one I want. After 6 months you pay 24% interest for between 12-36 months so payments can be more or less

How does the interest work if I pay it off earlier that say the 36 months? Do just pay off the amount I owe at that time or do I have to pay the interest as if I were paying for the full 36 months?
Surely you're better off with a 0% credit card and then setting up a direct debit to pay off in monthly amounts? Or using the paypal options to select something that suits? Do you really need to defer payments for 6 months? There's plenty of ways to pay no interest.
 
Surely you're better off with a 0% credit card and then setting up a direct debit to pay off in monthly amounts? Or using the paypal options to select something that suits? Do you really need to defer payments for 6 months? There's plenty of ways to pay no interest.
thats a good point
 
If you haven’t made you mind up what laptop to get then invest in a MacBook Air. Many were once put off by the price but most PC magazines now judge it to be the best for value right now. It’s a great bit of kit.
From Techradar

The new Apple MacBook Air (M1, 2020) isn't just the best laptop Apple has ever made, it's the best laptop money can buy right now. This is the first time a MacBook has topped our list, but the MacBook Air (M1, 2020) is worthy of this spot. Thanks to the revolutionary ARM-based Apple M1 chip that powers the new MacBook Air (Apple has ditched Intel for these new laptops), this is a stunning achievement: a thin and light laptop that offers great performance, even with 4K video editing, while also offering incredible battery life.

Easily managing over 11 hours on a single charge, this is a laptop you can easily carry around with you at work or school, and its price is incredibly competitive compared to Windows 10 rivals like the Dell XPS 15 (below). Running both new and old Mac apps, the new MacBook Air can now also run iOS apps for iPhone and iPads, giving it access to hundreds of brilliant mobile applications and games as well.

Even if you've only ever used Windows laptops before, the MacBook Air (M1, 2020) is well worth getting and making the jump to macOS. Yes, it really is that good. Make sure you check out all the best MacBook Air deals and sales available now before you buy.

Read the full review: MacBook Air (M1, 2020)
 
How in need are you? I'd be wary about buying at the moment as a new model is expected to be announced soonish.

 
If you haven’t made you mind up what laptop to get then invest in a MacBook Air. Many were once put off by the price but most PC magazines now judge it to be the best for value right now. It’s a great bit of kit.
From Techradar

The new Apple MacBook Air (M1, 2020) isn't just the best laptop Apple has ever made, it's the best laptop money can buy right now. This is the first time a MacBook has topped our list, but the MacBook Air (M1, 2020) is worthy of this spot. Thanks to the revolutionary ARM-based Apple M1 chip that powers the new MacBook Air (Apple has ditched Intel for these new laptops), this is a stunning achievement: a thin and light laptop that offers great performance, even with 4K video editing, while also offering incredible battery life.

Easily managing over 11 hours on a single charge, this is a laptop you can easily carry around with you at work or school, and its price is incredibly competitive compared to Windows 10 rivals like the Dell XPS 15 (below). Running both new and old Mac apps, the new MacBook Air can now also run iOS apps for iPhone and iPads, giving it access to hundreds of brilliant mobile applications and games as well.

Even if you've only ever used Windows laptops before, the MacBook Air (M1, 2020) is well worth getting and making the jump to macOS. Yes, it really is that good. Make sure you check out all the best MacBook Air deals and sales available now before you buy.

Read the full review: MacBook Air (M1, 2020)
Great if you're doing 4K video editing. Most people need nothing like that. I'm using a sub $400 Walmart-brand laptop, which does everything I need.
 
I’m pretty sure Currys have hidden in there a £25 early repayment fee if you chose to pay off at 6 months, they do these ‘deals’ because they make there money when people go onto that insane interest rate.

I worked there as a student. PayPal finance or a 0% credit card is a much better option.
 
Great if you're doing 4K video editing. Most people need nothing like that. I'm using a sub $400 Walmart-brand laptop, which does everything I need.
Matter of opinion of course but I’ve worked with cheap laptops and whilst they do a job i would pay for the quality and functionality and there’s a huge difference in the feel when working with a Macbook. I would never go back to other models.
 
Have you tried Apple direct mate? I got an iPhone 24 months 0% with Barclays partner finance off there website as it worked out £30 a month cheaper than a contract even with a sim only deal.
 
Matter of opinion of course but I’ve worked with cheap laptops and whilst they do a job i would pay for the quality and functionality and there’s a huge difference in the feel when working with a Macbook. I would never go back to other models.
All about opinion and I hate MacOS. Much prefer Linux.
 
Go to the Apple website and look there. Their interest rate for purchases is 14.9%, so it would save you some money. Also, they have a refurb section and sometimes they do 0% on those. Curry's at 25% are just having your eyes out.
 
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