We are having a quote for a new powergen boiler on Weds (ours is on its last legs!!) - has anyone had any experience with Powergen's finance options - ie 0% finance for 12 mths? We have a good credit history, with no defaults etc - does anyone know whether they are strict with their criteria etc for acceptance?
2007-07-16 23:56:43 · 2 answers · asked by slwatkinson 1 in Business & Finance ➔ Credit
Sorry, never even heard of Powergen. As a tip, pay it off before that 12 months runs out.
good luck!
2007-07-17 03:44:41 · answer #1 · answered by Stephanie J 5 · 0⤊ 0⤋
Most "0%" deals are OK, PROVIDED you remember to actually pay up the remaining debt in FULL on the designated date..
DON'T expect THEM to tell you when the '0% year' is up .. it's up to you to REMEMBER what you have to do to settle up ..
Miss out on the designated date by even ONE DAY and you are tied into a 5 year 18% APR deal (or whatever).
2007-07-18 11:13:35 · answer #2 · answered by Steve B 7 · 0⤊ 0⤋