Take 6 months to pay

[jonnydouble]

Don't know if anyone noticed yet, but they posted the November auctions on Heritage today ,....and they have a highlighted "take 6 months to pay" sign flashing on the auction page,....

 

J.D.

[jonnydouble]

Extended Payment Plan for Signature and Bullet Auctions

 

Minimum invoice total is $2,500.

Minimum down payment is 20%.

You may take up to six (6) months to pay the balance (monthly payments of at least 1/6th of invoice total).

Interest is calculated at only 1% per month (12% annually) on the unpaid balance, and must be kept current.

There is no penalty for paying off early.

Non-dealers only

With pre-approved credit application

All traditional sales policies still apply. Due to the nature of the business and market volatility, there is no return privilege once you have confirmed your sale, and penalties can be incurred on cancelled orders. To participate in this program, follow these steps:

 

 

Get pre-approved by filling out a credit application.

Bid normally and win some lots.

When you get your electronic invoice, select "other" from the payment options.

Send an e-mail to CreditDept@HeritageGalleries.com indicating the invoice number and your intention to use the Extended Payment Plan.

Terms and Conditions

 

Extended Payment Plan for Inventory Items

 

Minimum invoice total is $2,000.

Minimum down payment is 20%.

You may take up to a year to pay the balance (monthly payments of at least 1/12th of invoice total).

Interest is calculated at only 1% per month (12% annually) on the unpaid balance, and must be kept current.

There is no penalty for paying off early.

Non-dealers only

All traditional sales policies still apply. Due to the nature of the business and market volatility, there is no return privilege once you have confirmed your sale, and penalties can be incurred on cancelled orders.

 

To apply, send an e-mail to CreditDept@HeritageGalleries.com indicating the invoice number and your intention to use the Extended Payment Plan.

 

[Mushroom]

Do they hold onto your goods until you pay it off?

[supapimp]

Do they hold onto your goods until you pay it off?

[jonnydouble]

The only thing that sucks is the 12% annual fee,...who is going to go for that when the average credit card is only about 8or 9 % these days,(unless you are a deadbeat)....hell my Bank One card is only 4.5%...

 

J.D.

[Mushroom]

Do they hold onto your goods until you pay it off?

 

What !!!!!! Am I being particularly stupid today.

[Mushroom]

The only thing that sucks is the 12% annual fee,...who is going to go for that when the average credit card is only about 8or 9 % these days,(unless you are a deadbeat)....hell my Bank One card is only 4.5%...

 

J.D.

 

Potentially good for me. 12% is cheaper than Australian Credit Card rates.

[blazingbob]

Did you notice, non-dealers only.

 

 

[jkrk]

Why not dealers also? If I get paid 20% down and 1/6 every month plus 1% interest I would finance some dealers. Please apply.