If someone wanted to finance a bed at Sleepy's what do you think would be some of the (pay, taxes)

[FBJ]

main qualifications?

Good Credit score and that's it?


Thanks

[ncole1]

Originally Posted by FBJ

main qualifications?

Good Credit score and that's it?


Thanks

I am sure they want you to have a job too, and not too high debt-to-income. It is simply another form of credit, after all.

[FBJ]

Originally Posted by ncole1

I am sure they want you to have a job too, and not too high debt-to-income. It is simply another form of credit, after all.

Yeah I figured the job but wasn't sure if the credit score had to be at a certain number.

[STT Resident]

Two days ago you said you'd already made a deal:

"Did very good tonight in Sleepy's

I was approved for 12 month finance promotional deal for a Queen Size at $971 including delivery, taxes and setup. I will be required to pay $80 a month for 12 months and only then will it be Interest added to the balance. The first payment is due 4/21.

Feeling Good!!!!."

That's confusing. Did something go wrong?

[ElizaTeal]

Originally Posted by FBJ

Yeah I figured the job but wasn't sure if the credit score had to be at a certain number.

Let's hope your credit score is a lot higher than your sleep number.

[AmFest]

Originally Posted by ElizaTeal

Let's hope your credit score is a lot higher than your sleep number.

What's a sleep number?

[flyonpa]

Originally Posted by AmFest

What's a sleep number?

The "Firmness" of the bed, the higher the number the firmer it is.

[ncole1]

Originally Posted by AmFest

What's a sleep number?

Let me google that for you

[AmFest]

Originally Posted by ncole1

Let me google that for you

After googling, what did you come up with?

[flyonpa]

Originally Posted by STT Resident

Two days ago you said you'd already made a deal:

"Did very good tonight in Sleepy's

I was approved for 12 month finance promotional deal for a Queen Size at $971 including delivery, taxes and setup. I will be required to pay $80 a month for 12 months and only then will it be Interest added to the balance. The first payment is due 4/21.

Feeling Good!!!!."

That's confusing. Did something go wrong?

Interesting numbers/Payment schedule. It sets the OP up for paying back interest on the entire purchase if he uses Sleepy's Payment schedule.

$80 x 12 = $960 of $971.

So since its no paid in full (the $11) at the end of the 12 months, they will go back and charge interest in the whole amount from day one, at what? 24%??