Skip to comments.Amazon now lets you finance gaming PCs and PC parts at zero interest
Posted on 07/23/2018 10:55:22 PM PDT by Berlin_Freeper
Amazon has introduced a new program that makes it a little more easier to buy gaming PCs and PC components. While the price is technically the same, the burden is spread out across several months at no penalty to the buyer.
Amazon now has a monthly payment system for big ticket items that shifts payments across five months instead of all at once. For instance, there's now the option to purchase a $2,000 PC with five monthly payments of $400 rather than forking over two grand at the time of sale. The applicable categories for this new program are: Laptops, Desktops, Tablets, Monitors, Computer components, Drives and storage, Memory, Networking, and Computer and tablet accessories.
The distinguishing aspect of this financing system is that it comes at zero percent interest. There's no penalty for spreading payments out over five months. Amazon states that there are "no finance charges, no interest or hidden fees, and no credit check or application required."
The obvious upside to this is that buying an expensive PC or PC parts is less intimidating for anyone who can make the monthly payments. That's an immediate advantage over other retailers who will require all the money up front, thus causing the the buyer to purchase it on credit which could eventually lead to paying some interest.
The downside is that Amazon's program isn't flexible. It's five fixed payments and that's it. Amazon will presumably charge the attached debit or credit card each month and then it's on you to have the money. If it results in overdrawing your bank account, that's your problem.
However, this seems like a great new program for responsible consumers who don't want the stress of immediately paying off an expensive commodity like a gaming PC. For those people, legitimate zero percent financing appears to be a fantastic alternate route to getting into PC gaming.
Yeah, let’s get people into debt at an even younger age! That should help in the long term! ;-)
Not even if Bezos is giving them away Free.
They probably all have Alexa Spyware built in in Stealth Mode
I know freepers hate Bezos and Amazon with a passion but for someone like me who is a computer guy that builds my own rigs this is a good thing.
Amazon owns Twtich, so this is a smart move on their part.
I need to upgrade my media storage library with about 6 x 8TB Seagate Enterprise drives but I don’t think that they will bite for me with my lousy credit.
I’ve built two Frankenputers. No mas.
“a little more easier” is where I stopped reading.
Same here. Had to read a couple times just to make sure I read that correctly.
No skin off my apple.
I haven’t built one in years.
Done the debt slave thing. Never again.
Between being a state employee and the era of the wun, I almost sank a few times.
At UPI/odd news a guy’s parrot learned how to turn on the lights with Alexa another reason to have critters in the house.
We now know what Amazon wants people to do
Shot across the bow at Newegg.
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