Amazon lending, what is the interest based on?
I’m looking to take a loan from Amazon. The loan period is twelve months but I’m likely to pay it off sooner.
My question is this.
Is the interest calculated on a daily, weekly or monthly basis?
Thanks in advance.
Amazon lending, what is the interest based on?
I’m looking to take a loan from Amazon. The loan period is twelve months but I’m likely to pay it off sooner.
My question is this.
Is the interest calculated on a daily, weekly or monthly basis?
Thanks in advance.
2 replies
Seller_saK5Ah2SaNYjL
I’m pretty sure it’s monthly on the day the payment is due. We took out a small loan for 9 months, you don’t have to make it a year.
Seller_esvgLzKXw2YAl
You do realise that if you have the offer, it will give you all of the T&C’s that will actually tell you this?
Lending seems to have changed lately, with You Lend offering loans, rather than Amazon itself.
So the terms that others have had, may not be what your being offered.
