What is the downside of buying tanning beds with slow credit?
If you are buying tanning beds with slow credit, do not expect to get the same low interest rates that people with better credit standing are given. The equipment financing company will see you as a bit of a ‘risk,’ and they will minimize that risk by making you pay a bit more. Remember to do your research before you sign up with financing company, though. Just because a company is willing to lend you money to buy tanning beds with slow credit does not mean they are the best – for all you know, others are willing to offer you lower interest rates. In the long run, even a .05 percent difference goes a long way. Shop around for the best deal first, and then sign up.
