4.99% Good Times Credit - A good deal? BF okay?
Nov 23, 2004 | 10:00 AM
#31
Pro Rider
Joined: Nov 2003
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4.99% Good Times Credit - A good deal? BF okay?
I'm right there with ya, kawip650. Granted- I may not have the newest, shineist stuff, but it's all paid for. Don't owe anybody anything and I sleep well at night, too.........
Nov 23, 2004 | 10:04 AM
#32
Pro Rider
Joined: Sep 2004
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4.99% Good Times Credit - A good deal? BF okay?
yeah, right, pay cash, this is America! lol I got 3.99% to pay off the good times credit. My mom and dad are like you, they pay cash for everything, but they are millionaires. One day, maybe I'll be a milionaire too lol. believe me, people with credit sleep well too!
Nov 23, 2004 | 10:45 AM
#33
Weekend Warrior
Joined: Sep 2004
Posts: 19
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4.99% Good Times Credit - A good deal? BF okay?
we'll I bought my BF750 using this plan at the 3.99% $39 month for 2yrs. I have set up online payments with HRS so I can insure that my payment is never late unless I forget to do it. I don't trust the mail and would hate a payment to get lost and have them jack my % rate to 17% because the envelope is stuck in some machine somewhere. so far the online payments have been working good for me. I hope I'm correct that as long as I pay it off before the promo ends that I'll be ok and not get charged any additional $$. My plans are to make higher payments when I can and then just pay it off with in 2yrs.
Nov 23, 2004 | 11:08 AM
#34
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4.99% Good Times Credit - A good deal? BF okay?
that was my original plan too, to pay $250 a month and pay it off early, but when I got my first bill it said $38 in interest had been deferred, you know that's not good. I come out WAY ahead by going through the credit union.
Nov 23, 2004 | 12:59 PM
#36
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Joined: Sep 2003
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4.99% Good Times Credit - A good deal? BF okay?
Originally posted by: Matt1751
we'll I bought my BF750 using this plan at the 3.99% $39 month for 2yrs. I have set up online payments with HRS so I can insure that my payment is never late unless I forget to do it. I don't trust the mail and would hate a payment to get lost and have them jack my % rate to 17% because the envelope is stuck in some machine somewhere. so far the online payments have been working good for me. I hope I'm correct that as long as I pay it off before the promo ends that I'll be ok and not get charged any additional $$. My plans are to make higher payments when I can and then just pay it off with in 2yrs.
we'll I bought my BF750 using this plan at the 3.99% $39 month for 2yrs. I have set up online payments with HRS so I can insure that my payment is never late unless I forget to do it. I don't trust the mail and would hate a payment to get lost and have them jack my % rate to 17% because the envelope is stuck in some machine somewhere. so far the online payments have been working good for me. I hope I'm correct that as long as I pay it off before the promo ends that I'll be ok and not get charged any additional $$. My plans are to make higher payments when I can and then just pay it off with in 2yrs.
I use the internet payment option, and it's worked great. A good thing to remember is that this is an open revolving account, like a credit card. It compounds daily. Not monthly like a closed-end loan. In that respect, it does cost a little more, but at 3.99%, you're doing pretty good.
Nov 23, 2004 | 03:43 PM
#38
Trailblazer
Joined: Dec 2003
Posts: 81
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4.99% Good Times Credit - A good deal? BF okay?
kwackermann,
ABSOLUTELY NOT!!!!! This is what they want you to think. The best is to pay cash and if you can't, definitely pay more and pay it off as soon as you can. If you can not afford to pay it in full, out of pocket, then you better get creative and transfer it. If not, bend over cause that accrued interests is coming.
ABSOLUTELY NOT!!!!! This is what they want you to think. The best is to pay cash and if you can't, definitely pay more and pay it off as soon as you can. If you can not afford to pay it in full, out of pocket, then you better get creative and transfer it. If not, bend over cause that accrued interests is coming.
Nov 23, 2004 | 04:33 PM
#39
Pro Rider
Joined: Sep 2004
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4.99% Good Times Credit - A good deal? BF okay?
dogg's right, I just paid mine off in the first payment, no penalty other than the payment being two days late. My idea of 4.99% financing for 2 years is they charge 4.99% for two years and then it goes up to 17.8%, that's not what happens here. they charge you 17.8 % interest, make you pay only 4.99% now and the other 12.8% gets added to the ballance. It should say "17.8% DEFFERED INTEREST WITH 4.99% DUE NOW" because that's what you are paying.
Nov 23, 2004 | 05:22 PM
#40
Trailblazer
Joined: Oct 2004
Posts: 68
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4.99% Good Times Credit - A good deal? BF okay?
Well its a two year loan at the low rate......and if you read it they tell you if you don't pay by the end of the term it goes up.........I don't think they tell you to only pay the minium payment.....after all this is a credit card basically if you owed 10,000 on your visa would only pay the minium due ?
So if you cannot pay the loan within the term it is stupid to take the loan because yes it is deferred interest.
It is a good deal if you know what you are getting into.
So if you cannot pay the loan within the term it is stupid to take the loan because yes it is deferred interest.
It is a good deal if you know what you are getting into.