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Mac Guru
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Discussion Starter · #1 ·
Has anyone ever used Apple Instant Loan? And if yes, is it a reliable way of paying for a brand-new Mac costing around $1,500.00?
 

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Premium Member
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3,251 Posts
It's fine, like any other financing... the interest rate is that of a credit card, in fact it works like a line of credit... you can keep dipping into it for more apple products
 

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I used the 180-day no-interest loan for about $2000 last year. I paid the full balance after 170 days and only had to pay the "service charge" of $29.
So the interest works out to less than 1.5% over 6 months.
Better than our line of credit!
 
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