Game store purchase.

[Chester009]

If you buy an item on credit but pay it off in 4 months instead of the normal 24/36 months, how will the interest be calculated? Am I allowed to do that if it means the store will lose out on 20 months worth of interest?
I'm asking because I'm looking to buy a fridge for my grandma since hers decide to clock out and the most random time.

 

[Aharon]

Hi

Are you buying on store card? It's always calculated on o/s balance. You can settle as quickly as you like.

 

[Chester009]

Hi

Are you buying on store card? It's always calculated on o/s balance. You can settle as quickly as you like.

Yes I will be buying on a store card. I never actually had a store card before so I wasn't sure how it works if you want to pay something off much earlier.

 

[Aharon]

Legally they have to allow you - even if you want to settle everything the day after purchase.