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Joined: Jan 2012
Posts: 1,000
Campfire Regular
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OP
Campfire Regular
Joined: Jan 2012
Posts: 1,000 |
Just curious if any of you have signed up for a 0% APR credit card to purchase a rifle? I always pay my credit card bill off in full each month and this seems like a viable option if you didn't just have the cash lying around. What do you think? By the way the rifle I would purchase would be a kimber montana!!
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Joined: Oct 2002
Posts: 96,121 Likes: 1
Campfire Oracle
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Campfire Oracle
Joined: Oct 2002
Posts: 96,121 Likes: 1 |
I typically sell off a few EBT cards to garner enough cash for the next rifle.
"Dear Lord, save me from Your followers"
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Joined: Apr 2004
Posts: 3,751
Campfire Tracker
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Campfire Tracker
Joined: Apr 2004
Posts: 3,751 |
If you have the discipline to pay her off by the time your zero percent runs dry, go for it bro.
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Joined: May 2002
Posts: 15,622 Likes: 4
Campfire Ranger
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Campfire Ranger
Joined: May 2002
Posts: 15,622 Likes: 4 |
the dealer i do most business with would rather get kicked in the sack than process a credit card...
"Chances Will Be Taken"
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Joined: Jan 2007
Posts: 3,032
Campfire Tracker
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Campfire Tracker
Joined: Jan 2007
Posts: 3,032 |
I typically sell off a few EBT cards to garner enough cash for the next rifle. +1 to the OP, if you "don't have the cash laying around," the 0% is a bad idea. when something happens and you miss a payment, the interest jumps to 25%. the only benefit I can see to these deals is if you want to spread the payments out over a few months to keep a larger balance in your account (some banks require a minimum amount or you get better incentives for carrying a balance above a certain amount, etc.) but I'd always want enough in there the pay the whole thing off at once if I needed to. otherwise, you're probably gonna get burned. IMHO I bought a shotgun w a cabelas credit card on time. 10% off my 1st purchase meant $100 off a $1000 shotgun. paid it off immediately, used the card for a few more months but never carried a balance. then cut it up. I didn't feel like that was a terrible deal
Uber Demanding Rifle Aficionado
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Joined: Jun 2007
Posts: 24,666 Likes: 41
Campfire Ranger
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Campfire Ranger
Joined: Jun 2007
Posts: 24,666 Likes: 41 |
I typically sell off a few EBT cards to garner enough cash for the next rifle. +1 to the OP, if you "don't have the cash laying around," the 0% is a bad idea. when something happens and you miss a payment, the interest jumps to 25%. the only benefit I can see to these deals is if you want to spread the payments out over a few months to keep a larger balance in your account (some banks require a minimum amount or you get better incentives for carrying a balance above a certain amount, etc.) but I'd always want enough in there the pay the whole thing off at once if I needed to. otherwise, you're probably gonna get burned. IMHO I bought a shotgun w a cabelas credit card on time. 10% off my 1st purchase meant $100 off a $1000 shotgun. paid it off immediately, used the card for a few more months but never carried a balance. then cut it up. I didn't feel like that was a terrible deal This is exactly what credit card companies don't want to see. They want you to get a line of credit and keep using it and paying the interest. Credit is only as good as you can manage it. Don't put anything on a credit card, you can't pay for. I use my Cabela's card for all my purchases every month and then pay it off. I get the % they credit me and I don't pay anything for it. I have over $300.00 credit at Cabela's, only problem is that I don't need anything they have...
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Joined: Dec 2011
Posts: 2,214
Campfire Regular
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Campfire Regular
Joined: Dec 2011
Posts: 2,214 |
I have over $300.00 credit at Cabela's, only problem is that I don't need anything they have...
I got the same thing with Bass Pro Shops,just don't need anything.Think i'm gonn a terminate that account and use my Amex cash rewards card......cash seems to be something i always need.
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Joined: Feb 2003
Posts: 6,435
Campfire Tracker
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Campfire Tracker
Joined: Feb 2003
Posts: 6,435 |
Trust me on this... You are flirting with a very slippery slope... Don't ask me how I know...
"As you walk thru life, don't be surprised that there are fewer people that you encounter seeking truth than those seeking confirmation of what they already believe!"
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Joined: Mar 2011
Posts: 4,963
Campfire Tracker
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Campfire Tracker
Joined: Mar 2011
Posts: 4,963 |
I trashed my credit bad enough in my early 20s. I no longer buy ANYTHING that I can't live without on a credit card. I set cash aside until I have enough saved THEN I buy, you tend to appreciate things more that way.
Mauser Rescue Society Founder, President, and Chairman
I don't always shoot Mausers, but when I do...I prefer VZ-24s.
jdi do píči
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Joined: Feb 2005
Posts: 6,293
Campfire Tracker
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Campfire Tracker
Joined: Feb 2005
Posts: 6,293 |
I trashed my credit bad enough in my early 20s. I no longer buy ANYTHING that I can't live without on a credit card. I set cash aside until I have enough saved THEN I buy, you tend to appreciate things more that way. Yep. Though now that I'm a little more disciplined, I may try getting a Cabelas card, just to earn some points for gas purchases and the like. But like Shrap said, I'm not exactly enamored with what Cabelas carries anymore.
This is a shooting forum, there is no place here for logic.
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Joined: Sep 2005
Posts: 7,132
Campfire Tracker
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Campfire Tracker
Joined: Sep 2005
Posts: 7,132 |
I took one of the 0% deals out once and it worked great. I needed about 1500 to finish a shop at a new house as I'd spent everything saved for the project. Took out the card, finished the shop, paid that sucker off as soon as I had it, and then cut it up and canceled the account.
Great for times of need when you are in a bind IF you are very good at paying them off in full on time. Needs and wants are two different games, I'd personally wait till I had the money saved for a gun purchase.
As another poster mentioned, don't have a late payment or no payment one month. If you don't make the minimum payment each month, the zero is gone and they'd jack it up over 20% plus add fees. Too many people get screwed by CC Cos, they aint for everyone.
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Joined: Nov 2006
Posts: 10,821 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Nov 2006
Posts: 10,821 Likes: 1 |
If I want something I don't have the cash for my wife buys it for me.
Mathew 22: 37-39
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Posts: 189
Campfire Member
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Campfire Member
Joined: Sep 2012
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Joined: Nov 2011
Posts: 3,184
Campfire Tracker
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Campfire Tracker
Joined: Nov 2011
Posts: 3,184 |
If I want something I don't have the cash for my wife buys it for me. To quote Deflave ....,, GFY
Want To Buy; Form die for a 7mm Mashburn Super. .284 Hornady AMax 162gr. .224 Hornady AMax 75gr. 22-250 bushing die Bushing die that will work with the 7mm Mashburn Super A couple Glock 42 380ACP mags
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Joined: Apr 2010
Posts: 1,702
Campfire Regular
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Campfire Regular
Joined: Apr 2010
Posts: 1,702 |
I trashed my credit bad enough in my early 20s. I no longer buy ANYTHING that I can't live without on a credit card. I set cash aside until I have enough saved THEN I buy, you tend to appreciate things more that way. This is the best way to do it. I know we live in the world of instant gratification nowadays, but the safest way to buy is to have the amount in cash whether you buy it with paper or plastic. My dad always pounded that in my head, I didn't always listen and [bleep] up a couple times, but now I know that to be the truth and the best way to go. Besides, why make credit card companies any more money, they screw and ruin people's lives like us on a daily basis with their bullschit interest, that's their bread and butter.
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Joined: Feb 2005
Posts: 6,293
Campfire Tracker
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Campfire Tracker
Joined: Feb 2005
Posts: 6,293 |
If I want something I don't have the cash for my wife buys it for me. To quote Deflave ....,, GFY I just figured he was channeling his inner Swampy...
This is a shooting forum, there is no place here for logic.
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Joined: Jun 2007
Posts: 24,666 Likes: 41
Campfire Ranger
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Campfire Ranger
Joined: Jun 2007
Posts: 24,666 Likes: 41 |
\ You should see my safe...
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Joined: Dec 2011
Posts: 2,137
Campfire Regular
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Campfire Regular
Joined: Dec 2011
Posts: 2,137 |
I bought a shotgun w a cabelas credit card on time. 10% off my 1st purchase meant $100 off a $1000 shotgun. paid it off immediately, used the card for a few more months but never carried a balance. then cut it up. I didn't feel like that was a terrible deal That's exactly what I did, but at Bass Pro. I use credit cards as tools to earn points or cash back, but never to drag out the payment of something.
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Joined: Dec 2011
Posts: 2,137
Campfire Regular
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Campfire Regular
Joined: Dec 2011
Posts: 2,137 |
Besides, why make credit card companies any more money, they screw and ruin people's lives like us on a daily basis with their bullschit interest, that's their bread and butter. I don't know about you, but I've never had a credit card company force me to charge anything or send me a card without my consent.
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Joined: Aug 2010
Posts: 48,200 Likes: 23
Campfire 'Bwana
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Campfire 'Bwana
Joined: Aug 2010
Posts: 48,200 Likes: 23 |
\ You should see my safe... We've seen your safe, your cars, your mancave, your house. In the name of deflave I really think the GFY seems fitting in your case.....Just sayin
I try to stick with the basics, they do so well. Nothing fancy mind you, just plain jane will get it done with style. You want to see an animal drop right now? Shoot him in the ear hole. BSA MAGA
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