Hey guys, I'm looking into buying a new card and a cooler on the buy it now pay in may scheme
Anyway, the total price is £338 if I were to pay it outright but I'm confused about how much it'd cost if I paid it before the first deferred payment.
Under the if not settled within the x month deferral period typical APR 29%
Total Price £548
but 29% of 338 is only £98
Anyway, I know I'd be able to pay it off within a month and I understand that I'd have to pay the £29 admin fee but I'm unsure of which total price I'd be paying. £338 or £548
Thanks guys. Confusing!
Anyway, the total price is £338 if I were to pay it outright but I'm confused about how much it'd cost if I paid it before the first deferred payment.
Under the if not settled within the x month deferral period typical APR 29%
Total Price £548
but 29% of 338 is only £98
Anyway, I know I'd be able to pay it off within a month and I understand that I'd have to pay the £29 admin fee but I'm unsure of which total price I'd be paying. £338 or £548
Thanks guys. Confusing!