Sunday, March 1, 2009

12 Months, No Interest, No Payment Furniture Financing


FOW proudly offers 2 easy payment plan options for furniture financing: 6 months interest-free financing and 12 months interest-free financing. Once approved, the promotional period will start as soon as you receive your merchandise. There are no minimum payments required but you must pay the purchase price in full before the end of the promotional period. Each month CitiFinancial will mail you your monthly statement which will show the most current balance. If you pay the purchase price in full within the promotional period, no accrued interest will be due, but if you don’t pay the purchase price in full during the promotional period, all of the accrued interest will be charged.

So what exactly does all of this mean in layman’s terms? What exactly is interest-free furniture financing? What is a no payment furniture plan?

Let us discuss 12 months, no interest, no payments when it comes to furniture purchases. The 12 months is obviously the duration of the promotional period of your purchased furniture. The interest-free or no interest means that if you pay off the balance owed within the 12 month period, you don’t pay any of the interest. That’s right. You pay zero interest. However, if you fail to pay the balance owed within the 12 month period, all of the accrued interest will be charged to your account. The no payments does not mean that you don’t pay anything within the 12 months. It means that there are no monthly minimum payments. You can pay the owed balance however you want. You could skip months but you must pay off the balance within the 12 month promotional period or you incur interest charges.

To apply for furniture financing go to FOWfurniture.com



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