Quote:
Originally Posted by SportsJunky
My only advice is pay in full before those 100 weeks are up. I think they charge interest back to day one if you don't.
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That's (usually) the big catch with these deals, they accumulate interest from day one, but you only have to pay the interest if you don't pay it in full the day it's due.
Also, they often require you to pay the taxes up front, and charge a processing fee to set up the payment plan.
If you go to their website, and look at their current flyer, on the last page, you can read the "fine print" on the deal:
http://www.leons.ca/Shared/Flyer/Fly...9.105939375923
It's on a minimum purchase of $1000. You must pay all taxes and surcharges (such as the Alberta electronics recycling fee that you have to pay on all electronics) up front. There is a $79.95 processing fee that must also be paid up front.
If you're going to buying a lot of stuff and/or don't have the cash on hand to pay it all off immediately, it might be a good deal. If you have the means to pay and/or can find lower interest financing options elsewhere, the other options would be better.