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Peach Direct offering PS3 for $ 20 per month |
Listed in: PS3 Tags: playstation 3 updates, Sony
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Just in case you still don't have a PS3 because you're low on funds, then this Peach Direct deal may just tickle your fancy. The direct marketer is offering the Sony PS3 for US $649, why is the price higher? Well, because you'll only have to cough up US$ 20 per month.
Says Peach Direct's EVP of Merchandising, Gary Bale, "Peach Direct and Sony? It's the perfect combination...This is the machine that everyone wants, and for such a low monthly price, it has never been so affordable". Yeah, 20 bucks a month sure is cheap and would appeal to those who doesn't have too much money to shell out.
Anyhow, the details of the deal could be available through our read link below.
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The amount of subsequent minimum monthly payments will vary and will depend on various factors affecting your account balance, such as (a) the timing and amount of your payment, (b) the interest rate on your account, and (c) whether any fees or other charges are added to your account.
You are always free to pay more than the minimum monthly payment. The more you pay each month, the quicker your balance will be repaid and the lower your total finance charges will be. As an example, if you only pay the minimum payment each month and your account has no other activity charges,
it would take approximately 55 months to pay off a $1000.00 non-promotional purchase.
However, if you paid double the minimum payment each month the $1000 purchase would be paid off in approximately 23 months. Your minimum monthly payment will be the greater of $15 or 3% of the new balance. However, the minimum payment is the new balance if the new balance is less than $15.
Better read and understand this.. $20 a month on a $650 item would be 33 months.. This is provided they stick to $20 a month.. guarantee you that you will be paying either more, or longer than that tho as its a credit card deal, and likely by the time you have it paid off, the item will be a few hundred less too.
35 months at $20 a month is $700. still tho, thats 3 years to pay off.
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Read DealDood's entry also...
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