How likely am i to get a pc on credit from overclockers. My credit score is...

20% is how “poor”* people stay poor, by paying almost double the amount by the end of the term for the same thing.

*poor in finance resources and also financial education, not saving up or not using other methods to get it on 0% interests. Never, ever pay interest on luxury goods, a PC is luxury, nobody need it to live. If your job requires it then get the boss to pay, if you are self employed then pay it out of your business or start with something that cost less, like a Mac Mini at £600.
 
My score is 560 on Credit Karma.. (unfair unjust default from eON 3 years ago is what is hurting my rating)
And I was given a 16k loan for my car at 4.5%...

The stuff they use to decide you can afford it makes no sense lol
 
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413x said:
Its quite confusing if it is!
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The first option is a buy now pay later rather than an outright finance agreement

** Your repayments will be deferred for 12 months, after this period if you have not paid back the loan in full you will pay 48 monthly repayments of £70.06. If you pay in full by the end of 12 months there will be no interest on the loan, but a final settlement fee of £29.00 will be due.
We do not charge you a fee for our services. We may receive commission from Novuna Personal Finance based on an agreed percentage of the amount you borrow.
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Skilid said:
I think that's only if you don't pay it off when you're supposed to. Otherwise literally no one would go for that option :D
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Many people out there with debts like this, and many don't pay it off. They are a gateway to problem debt which a lot people don't see coming. A particular issue with the online catalogues using it with extortionate interest rates of 50-60% ensuring people are trapped in a debt cycle from young age. They need to teach this stuff in schools..
 
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200sols said:
Many people out there with debts like this, and many don't pay it off. They are a gateway to problem debt which a lot people don't see coming. A particular issue with the online catalogues using it with extortionate interest rates of 50-60% ensuring people are trapped in a debt cycle from young age. They need to teach this stuff in schools..
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Yeah absolutely.
For people like this they get the benefit once.
After that you are now having to pay off that before you get the next thing.

But you don't.

You get more and more of these.. From my perspective the rules are loose. I feel I could sign up to every offer and not be declined. Very (the retailer) pushed thier credit facility quite hard I remember.

I think I got a discount for it. Paid it off and cancelled. But it's not easy to cancel and they keep pushing new offers on you.
 
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