Can't afford that gun? Here's help!!

[Steelharp]

Gun Financing

Wow...

[ls3_kid]

Genius idea. I will be looking forward to if it works. On the other side I would never use it.

[Oh Shoot]

Talk about a dangerous job for a repo man, wow.

- OS

[hipower]

Wonder what the interest rate is? Or should I say vig?

[Guest rebeldrummer]

is this legit?? i mean....it screams "PEGGY" to me?!?!

[StPatrick]

Wonder what the interest rate is? Or should I say vig?

It would be interesting to see the terms - to make money on small loans like these, either the upfront fees are high, the rate is huge, or most likely, both. Big +1 for cash, and +1000000 for not spending money you don't have!

[Garufa]

If you can't afford something today then save up for it. $500 will buy most people more gun than they will ever need and it should not take long to save that amount.

Finance houses and new cars...nothing else.

[Guest WyattEarp]

a fool and his money are soon parted. agree completely with Garufa.

[strickj]

It's not "financing" so there's no repo. It's a high rate credit card through them... like they try to get you to buy a TV with at the box stores.

I'd be interested in seeing the actual prices for each gun. Here's betting they charge least double retail for the convenience of that "low" monthly payment

Wonder what the interest rate is? Or should I say vig?

Terms:

Application Agreement

[LagerHead]

It's not "financing" so there's no repo. It's a high rate credit card through them... like they try to get you to buy a TV with at the box stores.

I'd be interested in seeing the actual prices for each gun. Here's betting they charge least double retail for the convenience of that "low" monthly payment

Terms:

Application Agreement

Yep. Screams Rent-A-Center for guns.

[Guest TAFKAP]

Hopefully, they use something besides the gun itself for collateral....

[JeffL]

Wonder what the interest rate is? Or should I say vig?

Found their terms and conditions. 25.99% APR.

[Guest oldslowchevy]

Found their terms and conditions. 25.99% APR.

holy crap!!!

[Dolomite_supafly]

According to the prices they are probably about 1/3-1/2 more expensive when financing. Glock 19 is $59 a month for I'll assume 12 months. So that makes the cost $708. Considering most Glock 19's can be had for $500 they are pretty expensive.

It is not something I would do but it is not an awfully bad deal for those who can't afford a gun right now but can afford the payment. Sometimes there are instances where a person needs to have a gun but can't afford it.

If I don't have the money for something I want then I don't buy it. If there is something I need, not want, and can't afford it I go to a bank and get a loan. That way there isn't any of the open ended credit card payments haunting me or the outrageous interst rates of some of the other places.

Dolomite