Financing hardware through waterboxaquariums.

Jake_the_reefer · Jul 23, 2019

So I want to buy an ai prime hd for my nano 10g because the light that comes on the fusion 10g kit does not suit my needs. Waterbox aquariums has the prime for 209 and financing options. I dont want to cough up the money all up front and would like to finance, is this a good option or should I avoid doing this?

Turnage · Jul 23, 2019

If you can pay through PayPal credit I will go that way. Right now PayPal credit offers 0% interest if you pay the full amount off within 6 months.

That being said, financing at that low of a dollar amount is rare and also raises red flags to the person that needs the financings. Most people that need a line of credit are usually purchasing item in the thousands of dollars and up range. If I were you I would just save up.

tupes · Jul 23, 2019

What are the details for financing? APR, Term length... Do you forsee yourself defaulting on the finances?

Jake_the_reefer · Jul 23, 2019

tupes said:
What are the details for financing? APR, Term length... Do you forsee yourself defaulting on the finances?

I'd like to do the 24 month 19% apr or maybe the 12 month 0% and no I wont have any issues paying at all. My main concern is if the company they use (bread) is trustworthy or if there are better sites that offer financing

tupes · Jul 23, 2019

Paypal....0% for 6 months

Jake_the_reefer · Jul 23, 2019

tupes said:
Paypal....0% for 6 months

I'm hoping for a longer term.

EmdeReef · Jul 23, 2019

19% apr is what loan sharks used to charge...we take it for granted nowadays but at that rate you’ll pay almost $50 in interest on 200.

adrianr514 · Jul 23, 2019

Not trying to be an as5 but if you’re needing to finance a single prime for anything longer than 6months then you probably shouldn’t be financing anything. Especially with interest.

Jake_the_reefer · Jul 23, 2019

adrianr514 said:
Not trying to be an as5 but if you’re needing to finance a single prime for anything longer than 6months then you probably shouldn’t be financing anything. Especially with interest.

I'm not needing to, I could settle for 12 month 0% finance its moreso justifying the monthly payments of 3 of them to my fiance, if I did 6 month she wouldn't like the 30$ per light per month lol.

TARHEEL78 · Jul 23, 2019

I can't even...........

Jake_the_reefer · Jul 23, 2019

All I am trying to ask is if bread is a trustworthy source to finance through.

adrianr514 · Jul 23, 2019

Jake_the_reefer said:
I'm not needing to, I could settle for 12 month 0% finance its moreso justifying the monthly payments of 3 of them to my fiance, if I did 6 month she wouldn't like the 30$ per light per month lol.

I’m confused. I thought you were looking for 1 prime for your 10g. If you’re doing three then 12m 0% apr is a no brained.

EmdeReef · Jul 23, 2019

Jake_the_reefer said:
All I am trying to ask is if bread is a trustworthy source to finance through.

Sorry I missed that. Bread? Can you post a link?

Jake_the_reefer · Jul 23, 2019

EmdeReef said:
Sorry I missed that. Bread? Can you post a link?

Bread is what waterbox aquariums uses to do financing

Jake_the_reefer · Jul 23, 2019

adrianr514 said:
I’m confused. I thought you were looking for 1 prime for your 10g. If you’re doing three then 12m 0% apr is a no brained.

I miss spoke sorry. I need 3 for 3 nanos sorry

EmdeReef · Jul 23, 2019

Jake_the_reefer said:
Bread is what waterbox aquariums uses to do financing

Got it. Yeah affirm and similar companies mostly use the same technology etc. given that equifax got hacked there are no guarantees but I would consider it safe enough.

Jake_the_reefer · Jul 23, 2019

EmdeReef said:
Got it. Yeah affirm and similar companies mostly use the same technology etc. given that equifax got hacked there are no guarantees but I would consider it safe enough.

Sorry about all the confusion its super late so I couldnt get my point across haha. This was mainly to figure out credibility