Commercial message: Shopping for presents before Christmas is one of the main sources of stress before these holidays. Choosing the right gift, having enough time to deliver it and wrapping it nicely all require planning and mental strength. What if you find a great gift but can't afford to pay for it in full? Then comes the decision about whether it is appropriate to commit to a long-term monthly repayment. Very often this dilemma arises with mobile phones, which represent a popular but hard-to-afford Christmas item. Let's take a closer look at the options for gradually paying off your phone.
Get an overview of your finances
The first and essential step is a very detailed and realistic view of your financial possibilities. Buying a new phone is a big commitment. If your budget is in danger of fluctuating during the year, or you are not sure of your ability to repay, then it is better to avoid loans. Better to have a slightly poorer Christmas gift this year than to have an entry in the debtors register under the tree next year.
Consider which repayment option is best for you
Mobile phones are among the goods that have the widest possible repayment options. You can choose, for example:
Discounted purchase with tariff
You can get a mobile phone from the operators at a very favorable price if you also commit to their chosen tariff. We don't want to dismiss this possibility right away, but suitable mobile tariff for your needs and the offered phone tariff, they are usually very far from each other. So choose wisely and don't be fooled just by the low price of the phone itself.
Purchase on installments from the seller
Electricity sellers allow installment purchase practically anything including expensive mobile phones. It can be a good choice, but don't expect any great benefits and as a result the model will end up costing you more money than if you paid it all at once.
Payment by credit card
In our country, paying for everything by credit card has not yet been experienced in the way it is in the US. And maybe that's partly a good thing. Pay by credit card you can do anything, anytime. Due to this, some users behave a little irresponsibly and buy things for amounts that they are then unable to repay.
Consumer loan
Appropriate credit for a non-banking company, it can solve many financial problems associated with Christmas. You can pay for gifts (telephone) with part of the received amount and use the rest for other practical purposes. But you have to choose a really solid loan provider well in advance.
Pay attention to the details of the loan agreement
A non-bank consumer loan will remove the financial thorn from your heel quickly and without unnecessary paperwork. But don't be tempted by every loan offer that proudly claims to be advantageous. Before signing any contract, first of all find out the RPSN (real price of the loan) and the conditions for delayed repayment. Unreliable providers are happy to rip you off if you're even a single day late.
Samsung Magazine takes no responsibility for the text above. This is a commercial article supplied (in full with links) by the advertiser.
Discussion of the article
Discussion is not open for this article.