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"Bill Me Later" Financing at B&H

Discussion

5 replies
Posted by Alexander McKown on January 7, 2012 at 2:55 PM
I want to buy a Canon 5D Mark II from B&H, in NYC. There is a financing option to defer all payments and interest for 6 months through "Bill Me Later" (a PayPal service).
This structure would help me to get this camera.
Has anyone used "Bill Me Later"; and, if so, what's your advice?
Thanks
Alex
Posted by Hali Sowle on January 7, 2012 at 6:54 PM
I've used it before with B&H and other merchants and I haven't had a problem with it. I just made sure my last payment was in a few days before that 6 month deadline.
Posted by Don R. Millbranth on January 8, 2012 at 8:14 AM
I've often wondered about this myself. Thanks to both for asking (Alex) and answering (Hali).

Don :wavey:
Posted by Greg Lessard on January 8, 2012 at 10:46 AM
Be sure to pay it off before the six months is up. When I looked into this option, the interest rate would jump to 20%!! That's a sure fire way to put yourself in the whole. Good luck!
Posted by Donald Gorczynski on January 8, 2012 at 11:41 AM
I have used this method of payment before with B & H as well as other companies and had no problems. As mentioned, if you don't pay it off within the 6 months expect some hefty interest tacked on so make sure you keep track and zero out that bill before that 6 months is up!
Posted by Elizabeth Arellano on November 5, 2012 at 9:51 AM
They are fine. Like others have said, pay it off before interest kicks in and you know you will be given a limit of credit depending on your credit history.