Friday, September 13, 2013

September 13 - Online Discussion Question 3

"90 days same as cash" Explain the truth and reality behind this statement.

13 comments:

  1. I think it means the store will let you take it home, but you have to pay for it within 90 days. You may have to make a down payment and regular payments, but it's a great thing to do so you don't have to pay interest. But, after the 90 days if you haven't paid for it fully, you will see huge interest rates.

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  2. It basically means that the store will let you make no-interest payments for 90 days. however frequently, the payments are not finished in 90 days and then you have to pay interest. better just to save up and pay cash to avoid losing money and being in debt.

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  3. if you pay for something completely within 90 days the store will count it as cash

    ie. ___ is $500 and you have $300 if you pay them the $300 first and then the other $200 within 90 days then they will not charge interest and count it as fully paid for at time of purchase

    travis

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  4. I think it means if you pay within 90 days, you won't have to pay interest.

    Autumn

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  5. If you are able to purchase and pay off an item in 90 days, then you won't have to pay interest.

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  6. If you pay for the purchase in 90 days, you will not have to pay interest.

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  7. If you pay for something within ninety days, even if it is with a credit card, then they won't charge you any more - treating it as cash. If you don't, then you'll be paying some more.

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  8. Adam
    As close as I can figure the phrase means that you can pay in cash with no interest. Another way would be to pay in 90 days with some interest. The last would be for a large time frame but a high interest.

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  9. If you pay for whatever it is you bought in 90 days, you won't be charged with interest

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  10. It means you have 90 days to make that payment, and you wont have to pay interest....

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  11. If you buy something and you have 90 days days to pay for the entire thing. otherwise you'll have to pay interest.

    eyezik

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  12. This statement means that you pay for something with a price you would if you had cash and you have 90 days to pay it back, but if you don't pay it off in time, which most people usually don't, the interest rate will cost you so much more than you were originally planning on paying.

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  13. it means you will have ninety days to pay for your item without interest but after the ninety days you get huge interest rates

    -Jacob

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