Buying furniture, etc. with O% interest,

iVillage Member
Registered: 12-12-2004
Buying furniture, etc. with O% interest,
11
Mon, 08-29-2005 - 11:09pm
Hi, everyone. I have a question that I need help with. I am seeing ads for "buy with 0% interest, no payments until 2006" kind of thing. Usually, it is a furniture store or an ad for washing machines. I am clueless, as we havent bought any furniture for 10+ years. Is there a catch? I mean, do they want you to open an account? Pay 10% down and then no interest? Is this a good deal, or will the furniture wear out by the time it is paid off? Can anyone share their experiences on doing this kind of thing? We need to get a new couch. THanks. Whiz.

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iVillage Member
Registered: 04-27-2005
Tue, 08-30-2005 - 6:34pm
We have done this when we first got married and currently am doing it with our dining room table. You HAVE to be disciplined to save each week until the final payment is due. With our furniture 12 years ago, we only had 6 months and we actually got money back! I don't we were supposed to but we did. I would definately do it again after my table is paid off as we will eventually need a new couch and a new mattress.

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