ORIGINAL: RCKen
ORIGINAL: blhollo2
RCKen,
I can see your point of view, but I also understand how people function when they dont have the means to buy in full but want to buy in part & have the ability to make payments.
If they can make payments then they can make deposits in a savings account and wait until they have all the money in hand to make the purchase in whole. And while they have their own money in their own savings account they can be drawing interest off of that money. So they can actually have their money working for them making money while they save it. The Easy Pay doesn't have anything at all do with ''not buying in full'', but rather it has everything to do with what I said earlier.... Instant gratification. They just don't want to wait until they have the money in hand. I've been there myself in the past and I can tell you it's a very easy way to get in trouble with. But if you send Tower the money in full each time you make a purchase then you'll never get in financial trouble. It works with Tower as well as discipline in using credit cards, it's just too easy to get yourself in trouble. It's not for me, and if can help even one person avoid those problems by posting here then I'll feel like I've helped someone.
Ken
Thats a great theory "instant gratification". What about the Gene Soucy Extra 300s I put on Easy Pay? Two weeks after I got it they discontinued it. If I would have waited to pay cash I would have gotten "NO Gratification". That is one of the biggest reasons I use it. The choices of what you can get are dropping like flies.-BW
I also got a Fuji 24EI for like $225.00 shipped on sale at Tower because of Easy Pay..woulda missed that one too.