There are many ways to purchase a notebook computer on credit. Financing is available for people with good credit, poor credit--and for those who are establishing credit.
Existing Credit Cards
Consider your existing credit resources before looking for new credit. Virtually all companies selling laptop computers accept full-featured bank cards such as MasterCard or Visa. Consider using your bank card to make the purchase, or if you have department store credit cards, check with those stores to determine if they sell notebook computers.
Secured Credit
Consider a secured-installment loan if you lack a credit history or you have bad credit. Secured-installment loans require you to have money on deposit in a savings account at a bank or credit union. The money becomes the collateral for the loan and makes credit approval easy. This could be an ideal way to buy your laptop on credit using your existing savings. Apply for a regular, unsecured installment loan at your bank or credit union.
More Credit Options
Apply for credit from a store selling notebook computers if an installment loan isn't possible. If necessary, apply at several stores during a short period of time--say 30 days. According to the website MyFICO, the credit scoring system will likely treat the multiple credit inquiries as just a single inquiry because you're shopping for one loan to make a specific purchase.
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