Rabu, 13 November 2013

why is my friend being charged so much on her credit card?

Q. i owe $239 on a lcd lg flat sceen tv. thats on layaway. my friend offered to pay it all off for me on her credit card(capital one). she just called me and told me that the credit card co. just told her that if she spends $2oo she has to pay back $295. is this true? or is she just rying to be a loan shark? thanks for all answers.

A. Layaway? A blast from the past. I didn't know people did that any more. I recently took home an HDTV at Best Buy for 0% interest until August 2011, but even if I only pay $100 per month, I will have it paid off long before then. And I have bought things at Circuit City too for 0% interest (maybe why they went belly up).

As mentioned, as part of new credit card regulations they may have to tell her what it would cost to pay it off if she only make minimum payments, since they are required to disclose that now on statements. That is because some people with no financial smarts didn't realize what it would actually cost them if they only make minimum payments, instead of paying it off as rapidly as possible.


I think it’s better to shift on LED. Are you agreed with my friends?
Q. College friends are saying to change my LCD and instead of that, I should buy LED. What can be the solution dear?

A. Get plasma, it destroys LED/LCD in picture quality easily and are cheaper. You can get a GT25 or ST30 3d HD panasonic plasma at 42 inches for 1000 bucks and make your friends jealous as hell.

Look at Cnet's reviews Google best 3DTV or HDTV of 2011 and the top 5 are plasma's. Maybe 1 LED is in 6th place but its 3 grand.





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