Billmelater.com ?

[DubbDesigns 10+ year member]

Anyone ever use Bill Me Later?

I am contemplating purchasing a new computer from tigerdirect.com using bill me later. I plan to pay it off within less than a year, so I was just wondering about their charges and stuff.

I want to buy about $500 worth of parts and plan on paying it off in around 6 months or less. I know the APR is 19% and thats about all i know about them.

If you pay it off within 6 months do they charge you a fee for paying off early or do you have to pay the full 19% or what?

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[99grandprixGT 5,000+ posts]

19% //content.invisioncic.com/y282845/emoticons/crazy.gif.c13912c32de98515d3142759a824dae7.gif//content.invisioncic.com/y282845/emoticons/wow.gif.23d729408e9177caa2a0ed6a2ba6588e.gif//content.invisioncic.com/y282845/emoticons/crap.gif.7f4dd41e3e9b23fbd170a1ee6f65cecc.gif

 

[LOW ET 10+ year member]

it works just like a credit card. charge it up and they'll send you a statement every month.

 

[fbi90909 5,000+ posts]

you hsouldn't be charged any for the interest if there isn't anything to charge you interest on.

you'll be safe as long as it's paid before time.

 

[groundpound4200 5,000+ posts]

sounds like an expensive way to buy something

 

[shaneb 10+ year member]

If you can get it paid off in time, go for it. But that is crazy, 19%.

 

[DubbDesigns 10+ year member]

I am not completely sure on how credit cards and such work as I never had one.

I have had a few loans and I paid one of them off early and they made me pay like an extra $10 for paying it off early.

The APR is 19% but the daily percentage is like .05% so I am confused on what will happen if I pay it off early and how much I will be paying back.

I wish I could just apply for Billmelater at their site but from what I gather you have to actually make a purchase and check out with bill me later, and I am afraid to check out and then not be approved or something then have to pay for a cacellation fee or something