Bailey’s has special offering and financing options for different payment period and interests charged. The credit score is not charging any interest of the item is paid in full within 12 months, however, interest is charged from the account of the purchasers from the date they have purchased wherever payments have not been made in full during the promotional period. They also o have special terms to those making purchases of $480 and above charged using approved credit.
There is a promotions period which they have termed as special terms, during this period, there is a requirement for monthly payments. The credit shop is charging Customer interest in their account from the time they have purchased at the APR for purchases whenever they fail to pay the balance in full before the expiry of the promotional period.
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The terms also stipulate that by pain only the minimum monthly payment, the customer is not considered to have paid off the purchase balance before the expiry of the promotional period. The shops also have special terms for if payment is made within six months. there is no interest but interest would be charged on the account of the client from the date of the purchases whenever their balance is not paid within the full the promotional period.
The shop has special terms for customers who qualify to make purchases of more than $240 which is charged with approved credit. There is a minimum monthly payment that is supposed to be paid during the promotional period. There is a Special rate of 9.99% APR from purchases with sixty equal monthly payments.
Reference
Jewelry Financing | 12-Month No Interest Jewelry Financing. (n.d.). Retrieved from https://www.baileybox.com/financing/