“Same as cash” means you won’t pay interest on your purchase if you pay off the the entire loan amount in 12 months. Essentially, it means that you can enjoy the benefits of a purchase immediately with the flexibility to make monthly payments and save your hard earned cash
If you pay off your loan within 12 months, you will not pay any interest
To avoid interest charges, you need to pay off the entire loan or outstanding balance within 12 months. If you do so, you essentially pay the "cash" price, meaning you don't incur any additional costs or interest.
“Same As Cash” financing is a way for you to make purchases now AND provides you with a 12 month, interest-free financing option. The Same as Cash option puts you in control by giving you plenty of time to pay off your purchase. As long as your balance reaches zero by the end of one year, that is all that you pay, absolutely no interest.
Credit cards charge interest rates based on your credit rating, and this means you may be handing over money for the interest long after the product has been paid for. And if your credit history is less than perfect, those interest rates can be sky-high.
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