I just ordered a new bed from Littlewoods (a much needed necessity).
I chose the option of paying £9.98 a week for 20 weeks.
In the direct debit screen on the website it says to either choose minimum payment or full payment? What is the difference?
Is minmum payment the £9.98 and full payment the full price of the bed? Or is the full payment the £9.98.
This is my first time ordering from a catalog so I'm a bit confused and I can't find anywhere on the site that explains the difference :/
xx
2007-09-25 00:37:23 · 5 answers · asked by Annimousey 3 in Business & Finance ➔ Credit
No the full bed price wont be 9.98 it will be 20 x that If you chose to pay monthly. With monthly payments you will be charged interest with the full payment you wont.
2007-09-25 00:43:52 · answer #1 · answered by ccea 2 · 0⤊ 0⤋
You guessed it. The minimum is the 9.98 and full payment is the total cost of the bed.
2007-09-25 00:48:11 · answer #2 · answered by Blondie 3 · 0⤊ 0⤋
Minimum is the 9.98 and full is the price of the bed.
2007-09-25 00:40:51 · answer #3 · answered by the Boss 7 · 0⤊ 0⤋
minimum is the least you can pay each month, but they will charge interest on the remaining balance each month until the bill is settled. Maximum amount is the TOTAL of everything outstanding on the balance owed, i.e. the full price of the bed
2007-09-25 00:48:23 · answer #4 · answered by Mikey B 3 · 0⤊ 0⤋
You have it right min is the monthly payement while full is the total price ~~
2007-09-25 00:47:35 · answer #5 · answered by burning brightly 7 · 0⤊ 0⤋