How to Buy a Computer Online With Financing for Bad Credit

In this day and age, having a computer is vitally important. Not only are they useful for surfing the web or checking email, you can use special programs to develop a budget, write your resume or research a project. Without a personal computer you would have to do these task at the library or an Internet cafe where security is not as tight.

But what if you have credit trouble? Chances are your won't be able to afford a computer outright, so you'll need some financing. But your choices may be limited due to bad credit. Not to fear. With a little legwork and common sense, you should be able to find a computer you can afford.

Instructions

1

You should already have a monthly budget in place, especially if you have debt issues. Determine how much you can reasonably afford to put toward a computer. In particular, try to figure out how high an interest rate you are prepared to take on.

2

Save some money for a down payment. Some companies might claim that no down payment is necessary but then they ask you to make a set number of payments before they ship the computer to you. Even if you could get a computer without a down payment, you have to pay that much more with interest in the long run.

3

List what you want to do with your computer. This can be as simple as surfing the net or doing your taxes. Having a good idea of what you want to accomplish will help your pick out what kind of computer you want.

4

Find a company that specializes in computer sales to people with less than stellar credit. Blue Hippo and 123ComputerFinancing are some popular companies. Carefully read through all the material on the website and call their customer service line if you have any questions, but don't be pressured into making a decision on the phone. Also make sure that they report your payments to major credit bureaus. This can help build your credit in the long run.

5

Find a computer you like based on your preferences and sign up.

6

When the computer arrives, immediately check for any damage and keep all documentation handy in case you need a return or exchange.