Loan

haughhead

I'm trying to buy a phone via the loan scheme, I've followed the guidelines but it wants me to pay 40 pound upfront, if I get refused a loan, do I get me money straight back? Also hearing giffgaff not quite as cheap as it seems help

natty88

haughhead the money is only taken if approved for loan to purchase phone

here's a few handy links to buying phone's from giffgaff

https://community.giffgaff.com/t5/Getting-started/Buying-a-giffgaff-phone/ta-p/10441209

or if applying for a loan use this one

http://community.giffgaff.com/t5/Getting-started/Buying-a-giffgaff-phone-with-a-loan/ta-p/10724769

remember if approved you must go through the whole buying process again exactly as did first time same phone same colour same price plan and memory only after doing this will phone be dispatched to your uk address

dazoo

haughhead

Will be refunded back that payed the upfront cost if don't pass the credit check.

If can find the mobile cheaper then buy from there if not wanting to pay giffgaff prices on mobiles selling.

When buying a mobile of giffgaff on monthly payments then will be interest added than if was to buy mobile outright full cost in one payment.

jfc1951

haughhead Also hearing giffgaff not quite as cheap as it seems help

Hi, what makes you say that? Do you mean in terms of the prices of phones or use of the mobile service?

I've not bought a phone from giffgaff, but, for my usage, I'd struggle to find a more suitable network, particularly when taking into account that one can earn Payback.

alyceb

If you have to take out a loan you can't afford the phone
If you want a new phone buy one you can afford upfront

jfc1951

alyceb If you have to take out a loan you can't afford the phone

That is far from true.

Paying by instalments allows one to pay for a myriad of things without, first, having to save up for full cost.

The test is whether one is able to meet one's day to day commitments while servicing the various finance deals one feels able to enter into.

alyceb

jfc1951
It's a phone, not food
If you need a loan to buy a fancy phone then save on the interest and cost and buy a cheaper phone you don't need a loan for
People just want the best of everything
Before you ask - no I've never taken out a loan for anything and I don't intent to apart from a mortgage