How often do you get finance charges?
Chrystal M asked:
I have an account with Dell and so far there is about $3000 charges on it and I have a finance charge of about $170. Will I get charged about the same every month or every year?
I have an account with Dell and so far there is about $3000 charges on it and I have a finance charge of about $170. Will I get charged about the same every month or every year?
Tags: Dell, Finance Charge, Finance Charges
May 27th, 2009 at 6:36 pm
You will pay interest on the unpaid balance monthly. This is a way for Dell to maximize profits. Pay cash and you have the true cost to buy the computer.
If you save the money you now pay for payment and interest you could have paid cash and saved the interest thereby building your own wealth instead of Mike Dell’s wealth,
May 28th, 2009 at 11:37 am
you have to pay finance charges every month on the unpaid charges. sounds like you have a really high intrest rate. call dell and see if you can get them to lower it. another choice is to put the 3000 bucks on another card with a lower balance.
think about this.
if you pay dell 180bucks a month… only 10 dollars is going to pay back what you owe. the other 170 goes into dell’s pocket
that sucks