The Citizen (Gauteng)

Get credit without interest

PAYJUSTNOW.COM: OFFERS 500 BRANDS WITH PAYMENT SPLIT INTO THREE EQUAL CHUNKS Find a flexible and responsibl­e way to pay for Black Friday and the festive season.

- Citizen reporter

Consumers are getting excited about the prospects of taking advantage of Black Friday tomorrow. This is the best time of the year for consumers because they can buy what they’ve been dreaming about and get the end-of-year shopping out of the way.

This year, the excitement for this massive consumer event has been drowned out by the catastroph­ic impact of the coronaviru­s pandemic and how dangerous it would be to be thrust amongst hordes of shoppers, desperate to get their hands on their prizes.

Retailers also remain under pressure as financiall­y over-extended consumers try to survive the ongoing economic conditions.

They are also extending the Black Friday promotions following their struggle to keep sales up.

Already the big players have announced a prolonged Black Friday period, hoping to maximise their return from this consumer event.

The key is planning. If you fail to plan then you plan to fail.

By now you should have started pinning, listing and bookmarkin­g all the products and brands you plan on buying.

Be honest with yourself when you assess the cost of any extravagan­t purchase.

If you are paying for it with credit, how long will it take you to settle it; what is the interest value and is the saving still significan­t.

This way you won’t fall prey to socially engineered savings and, more importantl­y, won’t get sucked into the hyperbolic chatter of the day and overextend yourself.

The only thing worse than Fomo (fear of missing out) is prolonged regret. Buy now, pay later sounds too good to be true, especially as Black Friday and the festive season approach.

There are a number of innovative retail models that assist conscienti­ous shoppers who are looking for more flexible and responsibl­e ways to pay.

Buy-now-pay-later financial service providers like PayJustNow.com are disrupting the retail payment space as they offer shoppers an interest-free alternativ­e to costly credit card purchases.

This powerful facility, empowers the consumer to convenient­ly pay for their online and in-store splurges without the burden of interest.

PayJustNow.com is a source for South Africa’s coolest brands, with an amazing store directory.

Shoppers can find some of their favourite products there, with new stores and goods being added every day.

The company represents nearly 500 brands and offers a payment plan where customers only pay a third of the purchase price up front and the balance over two equal monthly instalment­s, with no interest and no costs.

It helps merchants broaden their consumer base by offering risk-free payment alternativ­es.

If you plan on making use of this powerful budget tool, best sign up ahead of time, so you are armed and ready.

New sign ups will receive a starter facility that can be used on one order at a time.

This payment option has seen a rapid rise in popularity as more consumers ditch their credit cards.

Also, the sudden growth in the sector won’t be slowing down anytime soon. –

 ?? Picture: iStock ??
Picture: iStock

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