Sears Zero% Financing

Discussion in 'Credit Talk' started by freeze, May 4, 2001.

  1. freeze

    freeze Active Member

    I had seen a post from the other day regarding the Sears zero% financing and I just wanted to share what I know about the program. At the end of your promotion even if you have not payed the entire balance in full you will not have to pay back interest. An example would be you purchase a 1,000.00 cpu and pay it down to 200.00. Let's say your promotion ends with you still owing the 200.00. The day that your promotion ends it will go onto your account like you walked into the store that day and made a 200.00 purchase. It would from that point be like any other item you purchase. You would receive a bill showing it charged and you would have at least 20 days to pay it in full to avoid interest on your balance.

    This is the best zero% financing promotion on the market and that alone makes just having the Sears Card, Sears Gold MasterCard, Sears Charge Plus worth it.

    Yes they do charge interest on an average daily balance but they do not charge you back interest if you do not pay your zero % financing promotion off by the expiration date. You can call 1-800-917-7700 and ask them to confirm this for you. This is the customer service number on the back of your card.
  2. Shantel

    Shantel Well-Known Member

    Hey freeze...thanks for that info. I have something on this plan and my promotional period is up in Sept. I am trying to pay it down because I thought I would be charged back interest from date of purchase if it wasn't paid off.

    I'll call to confirm, but thanks for the heads up.
  3. breeze

    breeze Well-Known Member

    HI freeze! :D

    Just wondering if we're related...



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