7 myths about online installment
Get Rich / / December 20, 2019
Layfhaker and "Bank Home Credit" sorted out the most common concerns that arise when you make online payment by installments, and explain why so many of them in vain.
Impose a paid insurance
Imposing insurance on purchased goods - the most common point of your spending on the installment plan, and it is not to say in advertising. But in fact the insurance it is difficult to impose without the buyer's knowledge. The presence of overpayments determined by simple arithmetic calculations and payment conditions of the insurance, if present, should be spelled out in the contract.Evaluate whether you really need insurance for your product (probably not). Do not forget to specify this when drawing up the contract.
Some shops provide for termination of the insurance, but do not rush to approve the loan without the consent of the buyer to this "bonus". In this case, you need to think about is whether to make a purchase in the store. If the desired product is only sold there, a lot of money you do not have and is not expected, and you at the same time agree on overpayment, then carefully study the contract clauses again: the catch in it can not be limited to the forced insurance.
Myth of compulsory insurance and paid ready to debunk the "Bank Home Credit". On the basis of the bank launched a new serviceAllowing an order of goods by installments. Pay insurance option is not provided, so the unforeseen expenses of the buyer is not exactly expect.
Counted extra interest
This is not a myth, because the interest accrued always. The only difference is, who will pay. At the conclusion of the credit agreement with the bank obligation to pay accrued interest lie to you. But with all the different installments: the store is interested in selling goods and pays the bank a percentage of sales, so that he did not take them to the buyer. Sometimes all the goods, and sometimes - just to certain categories.
Try to look for trading platforms, where a bunch of "store - Bank" operates absolutely transparent and the bank takes the interest is not with clients, and with the stores as a commission for the sale of goods.
To sign the agreement still have to go to the store
This myth is based on the fact that when you make a payment by installments you will in any case have to sign a paper contract. Many electronics stores, for example, allow the filing of applications for credit, translating into a significant online part of operations, but somehow obligate the buyer to come to one of their offline outlets and sign.
The embodiment in which the buyer's time spent minimal offer Our partners.
All the necessary papers when you make an online payment by installments may bring a courier to your home or work.
Selecting a product, enter the necessary data, judgment on the loan occur online. The whole cycle of the order can be completed without leaving the apartment.
Making installment - a long and complex process
The average time of registration of consumer credit for goods - 20 minutes including filling out documents, approval of the bank and other bureaucratic operations. When this elapsed time is directly dependent on the human factor and the number of documents requested.
there is ServicesWhich require a minimum amount of data for the registration of the contract: name, date of birth, gender, email address, phone number, monthly income and passport data. Then getting into the act, automated processes - the human factor is no longer solves.
The decision on granting a loan taken out in just a minute.
Perhaps the most laborious and time-consuming stage - the choice of goods you want to buy. The rest is worked out to the smallest detail, and depends only on how fast you are able to knock on the keyboard.
Great service costs a lot of money
The myth of the high cost of the service is based solely on the suspiciousness of buyers and sellers of fraudulent activity. Online installment plan - this is not a product in itself, it is not worth the money. There are unscrupulous shops seeking to charge you a fee for each transaction, but in most cases, everything is quite transparent.
If the design of online installments requires some additional operations on the part of the store, make sure that they are not paid separately.
In case of an installment agreement with the "Bank Credit Home" single operation, for which will have to pay will be the delivery of goods to the house. In this case, prices are set by courier, delivery is carried out. For the budget conscious there is an option ex works. But the delivery of the payment agreement for signature bank took over.
Simply save the goods in full, than to find the most advantageous offer
Many people, deciding on hire purchase, have difficulties with the choice of the best offer. In one store bank offers lower interest rate, in the other the price of goods is lower third promises gifts for purchase. Add to that a thorough examination of all the proposals, and want to cancel the purchase at all.
This myth is ready to debunk the "Bank Home Credit", posted on its trading platform offers many shops. Installment payment processing conditions remain the same: a convenient service, the lack of down payment and overpayment.
only imposed on the shop you can buy in installments, and the right things - no
Indeed, the most attractive offers appear on those products that retailers need to sell. But increasingly common installments conditions apply to the whole range of the store. In addition, it is possible that you are looking for something specific, it is difficult to find in stores, and even more difficult - to those who provide credit. In this case, we recommend to look for the coveted goods from our partners.
Service is actively developing, attracting new partners to cooperate - shops with various products. Already on the trading service platform can be found more than 10 thousand items - from game consoles, and home appliances to televisions and smart phones.
Buy goods on the installment plan