Buy cheap technology: installment payment vs. Credit

Technical new acquisitions such as computers, televisions and household appliances often exceed your own budget. In this case, different financing options can be used. Whether credit or installment – both have their advantages and disadvantages.

There are various options available for financing smartphones and the like. 

Loans for costly technology

Loans for costly technology

If you want to take out a loan for the acquisition of technical equipment, you can rely on a wide range of different loans. The Internet also offers a large number of credit comparison computers, which make it possible to compare the different offers. Especially for larger purchases such as high-quality TV sets or sound systems a loan makes sense.

However, a loan is not worthwhile if the required sum is relatively low, since most loan offers have a certain minimum sum. In this case, one should rather fall back on the own Dispo credit or installment. These options also exist for buyers with a negative Schufa entry.

Suitable for smaller sums: The installment purchase / installment

Suitable for smaller sums: The installment purchase / installment

A purchase on installments is especially useful when it comes to not overly expensive technical new acquisitions. Many technology providers now promise very good conditions or even a zero percent financing. So the technology purchase remains favorable. However, it should be noted that one is bound by the installment of the seller’s offers and unlike a loan does not have much choice. You should not finance expensive technical equipment with an installment payment, because the rates are often very low and the duration is thus long.

Used instead of buying new

Used instead of buying new

Those who lack the necessary change for the purchase of new technology can fall back on used goods. On numerous Internet platforms such as Ebay, Amazon and Momox you will find used, yet functional devices at very low prices. If you also want to sell your own waste equipment, you can save additional money through re-commerce. The purchase is uncomplicated by shipping, the cost of transport will be borne by the buyer.

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