What types of extended payment terms and promotional financing options are available with MacMall Preferred Account?
There are two types of options that you may see, depending on what the merchant is offering. 1) “No Payments Until” deferred interest programs. With this option, no payments are due before the promotion expiration date and interest is deferred during the promotional period. If you pay your balance in full by the promotion expiration date, you do not have to pay any interest. If you do not pay your balance in full within the promotional period, interest will be billed from the date of the purchase. 2) “No Interest if Paid In Full” deferred interest programs. With this option, you are required to make the minimum monthly payment, as described in your billing statement and interest is deferred during the promotional period. If you pay your balance in full by the promotion expiration date, you do not have to pay any accrued interest. If you do not pay your balance in full within the promotional period, interest will be billed from the date of the purchase. I made a “No Payments for 6 Month
