televisions on finance??
Discussion
After being refused a credit card and being offered silly aprs on a loan, I decided to check my credit rating. My Credit rating is imaculate, its just a sign of the times im afraid, if you had a terrible credit score and owned a house you would get a great deal...
Best option from experience save up. It will feel far better too the sense of accomplishment when you do get your nice new telly
Best option from experience save up. It will feel far better too the sense of accomplishment when you do get your nice new telly
Edited by Odie on Wednesday 30th June 09:59
Kettles on loans... lol although plenty put it on Cr cards along with all other purchases then dont pay off the full balance every month...so clearly some people do.
I pay for everything through the credit card but clear it all every statement purely done for tesco clubcard points so I buy the normal stuff and by doing so I get a few freebies thrown in which is nice.
When I met my Mrs her finances were all screwed up - I fixed that. She'd not save up for road tax, car ins, mot, servicing so one year it was a struggle I made her pay for everything twice (pay as in put it into an esaver account ready for the next year) and get a standing order set up into that savings account for pay day then when the bills come straight out of the other account. I made sure I over egg'd it too to cover cost increases but she has managed to beat her targets I set her so she is building up a pot for a new car/anything she likes.
Likewise Holiday money ensure she puts £150 pcm into the holiday fund again makes total sense and I went as far as a gift fund all in the vein of pay for it in advance/save for it & then I also added in the 0% on purchases cards so we made a little on the interest probably got a free meal out of it which again is nice.
End result a change rather than see it get it now to, do we need it, why, how much is it ok how much can we afford a month to pay for it or what will we cut to get it.
I pay for everything through the credit card but clear it all every statement purely done for tesco clubcard points so I buy the normal stuff and by doing so I get a few freebies thrown in which is nice.
When I met my Mrs her finances were all screwed up - I fixed that. She'd not save up for road tax, car ins, mot, servicing so one year it was a struggle I made her pay for everything twice (pay as in put it into an esaver account ready for the next year) and get a standing order set up into that savings account for pay day then when the bills come straight out of the other account. I made sure I over egg'd it too to cover cost increases but she has managed to beat her targets I set her so she is building up a pot for a new car/anything she likes.
Likewise Holiday money ensure she puts £150 pcm into the holiday fund again makes total sense and I went as far as a gift fund all in the vein of pay for it in advance/save for it & then I also added in the 0% on purchases cards so we made a little on the interest probably got a free meal out of it which again is nice.
End result a change rather than see it get it now to, do we need it, why, how much is it ok how much can we afford a month to pay for it or what will we cut to get it.
TuxRacer said:
It'll be kettles next at this rate!
I knew a chap who excitedly showed me his latest 'grand' purchase, a sat nav, bought with in-store credit. He didn't even know how much it cost in store - or *would* cost in total over the loan period - just that it was "5.40 a week" or whatever it was, probably over several years. What's the world coming to eh?OP save up and get the one you really want in a few months time, meanwhile sign up for Freecycle (ideally in an affluent area) and I guarantee something 'acceptable' will surface to satisfy the immediate need. With everyone doing what you're proposing and splashing out on the latest set - whether they can afford it or not - old but perfectly working ones are effectively worthless. I've given away countless good sets myself in recent years and a mate even gave me a nice 37" JVC plasma, which I passed on when I had finished with it. I'm just saying people give/throw away stuff like this routinely.
some good comments there
i dont get these foreigners everyday, they just crop up once in a while, so would take a while to save these up!
missus dosent mind what we do, and my parents dont really matter as i have been moved out for a while now and they see me as independant
just think getting it on finance would be easier as i could have it now rather than waiting to save it up although i think now that i may have to save up and do that, or sell my beloved powerkite to fund the cause!
thanks for all the advice chaps!! i have taken note, ill let you all know what tv i end up with etc
i dont get these foreigners everyday, they just crop up once in a while, so would take a while to save these up!
missus dosent mind what we do, and my parents dont really matter as i have been moved out for a while now and they see me as independant
just think getting it on finance would be easier as i could have it now rather than waiting to save it up although i think now that i may have to save up and do that, or sell my beloved powerkite to fund the cause!
thanks for all the advice chaps!! i have taken note, ill let you all know what tv i end up with etc
A question given you didn't have a HD tv and didn't and don't have the cash to get a HD tv why did you get sky HD? It's a one year contract and then you can upgrade to the sky HD then & have £120 to put towards the tv from your subscription alone plus a years worth of £50 for one hours evening work should be plenty unless your after a lovely Lowe or B&O ... Then again if it's on the never never why not go fill your boots
i havnt got a HD tv, but a friend works for sky, so we have a deal where the basic package is 18quid a month, we get it for 9quid, likewise to add extra packages are 50p each, it had free installation, free box and free hd subscription?
we also had a home phone installed and the internet at the same time
we also had a home phone installed and the internet at the same time
From the details you've given it sounds like the extra 30 quid a month would leave you with little/no contigency left each month (otherwise saving up for the tv with the additional 50 quid here and there wouldn't take long)?
If this is the case I wouldn't even consider getting a loan/finance/cc for the tv.
Now don't get me wrong the idea of having something now rather than a few months time sounds great but it's no where near as great as knowing you're finances are sound and that you have contingency in case something unexpected comes up (which it has a habit of doing).
The above isn't meant to be patronising just the opinion of someone that's managed to get all kinds of unsecured credit on lots of "must have" items, and has spent the last 5 years trying to dig himself out of the preverbial. Thankfully only 2 more years to go and then I'll be back in the position I was 6 years ago.
HTH
Jay
If this is the case I wouldn't even consider getting a loan/finance/cc for the tv.
Now don't get me wrong the idea of having something now rather than a few months time sounds great but it's no where near as great as knowing you're finances are sound and that you have contingency in case something unexpected comes up (which it has a habit of doing).
The above isn't meant to be patronising just the opinion of someone that's managed to get all kinds of unsecured credit on lots of "must have" items, and has spent the last 5 years trying to dig himself out of the preverbial. Thankfully only 2 more years to go and then I'll be back in the position I was 6 years ago.
HTH
Jay
Gassing Station | Finance | Top of Page | What's New | My Stuff