pay monthly | KitGuru https://www.kitguru.net KitGuru.net - Tech News | Hardware News | Hardware Reviews | IOS | Mobile | Gaming | Graphics Cards Wed, 25 Jul 2018 14:20:22 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 https://www.kitguru.net/wp-content/uploads/2021/06/cropped-KITGURU-Light-Background-SQUARE2-32x32.png pay monthly | KitGuru https://www.kitguru.net 32 32 Amazon aims to make hardware more affordable with interest-free payments https://www.kitguru.net/channel/generaltech/damien-cox/amazon-does-away-with-interest-in-new-pay-monthly-scheme-aiming-to-make-components-more-affordable/ https://www.kitguru.net/channel/generaltech/damien-cox/amazon-does-away-with-interest-in-new-pay-monthly-scheme-aiming-to-make-components-more-affordable/#respond Wed, 25 Jul 2018 13:46:11 +0000 https://www.kitguru.net/?p=380773 The cost of PC components is often in flux, with graphics cards, RAM and storage in particular soaring in price throughout the past two years. While prices are beginning to come down, it looks like Amazon could have you covered in future as it launches a trial for interest-free finance options in the United States. …

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The cost of PC components is often in flux, with graphics cards, RAM and storage in particular soaring in price throughout the past two years. While prices are beginning to come down, it looks like Amazon could have you covered in future as it launches a trial for interest-free finance options in the United States.

Previously, the only way to cut down a large price tag into smaller monthly increments was to opt into traditional finance, adding a premium onto the full cost. The total of the interest differed per site and was highly dependent on someone’s credit rating. Amazon hopes to do away with all of that noise, making finance options more accessible than ever.

Its new scheme is currently being tested in the US, offering select participants the chance to split the cost across 5 separate monthly payments, with the first fifth taken at the initial purchase. The buyer will not be subject to the usual credit check, but have their account checked to meet specific requirements, such as having an account that is at least one-year-old, have an active credit card linked – although it won’t be checked for credit – and a good payment history on the site itself.

So far, the monthly payment option covers qualifying products sold by the company directly, such as laptops, full desktops, tablets, monitors, computer components, networking and various accessories. This particularly makes top-end graphics cards and processors a lot easier to grab, with $1,000 components and peripherals broken down into a much more manageable $200-per-month.

Currently, international versions of the site offer the 5-monthly payments scheme with no added interest on Amazon's Alexa devices. There's no word on if or when the option will roll out to third-party products, however this is likely to be a missed opportunity otherwise. For now, shoppers looking for anything other than Amazon's in-house items will unfortunately have to deal with the premium added via interest.

KitGuru Says: It’s certainly a good move to undercut other providers of finance, even with its imposed restrictions. Would you take advantage of Amazon’s new Pay Monthly requirements?

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O2 offers refund to customers following service outage https://www.kitguru.net/lifestyle/mobile/henry-butt/o2-offers-refund-to-customers-following-service-outage/ https://www.kitguru.net/lifestyle/mobile/henry-butt/o2-offers-refund-to-customers-following-service-outage/#respond Wed, 18 Jul 2012 14:54:14 +0000 http://www.kitguru.net/?p=100552 As a lot of our readers will already be aware, some of O2's customers suffered service outages last week due to an apparent ‘network failure'.  This was a massive source of frustration for many people who's phones were unable to register on the network, despite their phones showing signal. O2 has announced via their blog that they know …

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As a lot of our readers will already be aware, some of O2's customers suffered service outages last week due to an apparent ‘network failure'.  This was a massive source of frustration for many people who's phones were unable to register on the network, despite their phones showing signal.

O2 has announced via their blog that they know which customers were affected by the service outages and will refund pay monthly customers 10% of the cost of their service plan which is the equivalent of three days.  This will be deducted from their September bill.  Pay as you go customers will be given 10% extra free credit on their first top-up in September.

These credits will be applied automatically so none of the customers affected will go without.  O2 are also issuing each affected customer with a £10 O2 voucher to spend in store between the 1st and 30th of September which can be redeemed online or via the O2 Priority Moments app.

For more information, please visit the O2 blog.

KitGuru says: Is this gesture enough to make up for the outages? Let us know your thoughts.

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