Telephone in installments: where is it better to take and whether to make out a loan

Today, more and more consumers preferto buy large and small household appliances on credit. This innovation has affected and the owners of smartphones that purchase phones in installments. Where it is better to take a modern gadget? Which is better - a loan or installments? All this will be considered in this article.

Than the installment is different from the loan

When shopping is worth several timesthink, immediately pay for the selected product or it is more convenient to make monthly payments. Also, before deciding where it is better to take the phone in installments, you need to weigh the pros and cons.

A loan is the issuance of funds under interest. At the same time, an appropriate contract must be formalized, in which the interest rate and obligations of the parties are prescribed. You can get a loan both in the bank branch and in the store.

As a rule, overpayment in this case isfrom 10% to 30% of the cost of the goods. If, for some reason, the borrower does not make a monthly payment within the period specified in the contract, then it may be fined or fines. In the case of a longer-term delay, penalties will be more aggressive and may even cover the original cost of the goods.

If we are talking about installments, it is impliedan interest-free loan, which is usually provided by stores, dealer car dealerships and other organizations. In this case, the cost of the goods is divided into several equal parts. Payments are made monthly, without additional interest. In case of late payments, the store has the right to pick up the goods back. Proceeding from this, this way of purchasing products seems to be the most profitable. However, do not rush to look for stores where you can take the phone in installments. First you should consider the pros and cons of such a transaction.

Pros and Cons of Installments

If we talk about the advantages of such transactions, it is worth highlighting:

• lack of interest rate;
• speed of registration of the transaction (installments can be issued directly in the store or online);
• a minimum package of documents (usually only a passport of a Russian citizen is required);
• flexible schemes for the repayment of debt obligations;
• In the transactions collector's offices do not take part.

Nevertheless, when choosing where it is better to take the phone in installments, some consumers face the following disadvantages:

• the payment is given too short a time;
• in installments are sold not all models of phones, so it is not always possible to get exactly what you want;
• you must immediately make an initial payment;
• the goods become a full-fledged property of the buyer only after making all payments.

In addition, some sellers intentionallyoverstate the prices of goods sold on an installment plan. As a result, it turns out that the buyer still pays an extra percentage. Therefore, before you look for where it is better to take the phone in installments, it is recommended to study the market and the cost of the selected model in other stores.

Now consider trading companies that offer the most favorable terms.

"Megaphone"

The leader of cellular communication has long been engaged in sellingsmartphones. To date, the company "Megaphone" offers customers to purchase Galaxy smartphones on fairly favorable terms: 0%, 0%, 24 months. Although this transaction is called the "installment plan", in fact, this is a loan offer. Yes, for a phone costing 55 000 you can really pay for 2 years, making each month about 2 300 rubles. However, when making a purchase, customers are invited to sign a contract, which states that the loan is provided by a partner bank, and the interest rate will be 7.45% per annum (by the way, all this information can be found on the official website). Thus, it turns out that for the phone will have to give is no longer 55 000, but 63 195 rubles.

Nevertheless, if you look for the same smartphone model not on such large sites, it can cost about 65,000 rubles. Thus, it is more profitable to purchase the device on credit.

We continue to consider where it is best to take the phone in installments or credit.

"M Video"

On the site of the famous cybermarketthe same conditions: 0%, 0%, 24 months. However, in this case we are not talking about a narrow model range, but about all tablets and smartphones. Thanks to this, in installments, or rather on credit, you can take any phone you like.

If you find the same model of Samsung Galaxy on the "M. Video" site, then it can be purchased at the stock, making payments within 36 months.

"Yulmart"

Continuing to consider where it is best to take the phonein installments, you can not ignore one of the largest trading platforms. In this case, the payment period is 6 months. Although this seems less profitable, it is worth considering that interest is paid annually, respectively, the shorter the payment term, the lower the interest rate.

Summing up

Proceeding from all the above, it becomesobviously, to answer the question of where it is better to take the phone in installments, is not so easy. The fact is that as such, large shops and cybermarkets do not provide this service. If you make such a deal with a private seller, then this can be fraught with consequences, so it's easier to take out a loan or immediately pay the entire cost of a smartphone.