First, how much do you want to spend?
Get Your Money
We make getting an offer for electronics financing easy. And best of all, if approved, your lender will deposit funds directly into your bank account. That will allow you to shop for your watch as a cash buyer. This will let you get the exact model that is right for you and will allow you to shop any retailer. Here is how it works.
The Loan Quote Process
The first step is to fill out the form at the top of the page. Enter in how much you expect to spend and then some basic information like income and contact information. You will wrap it all up by entering in where you want the money sent and then submit your form.
If approved, one lender from the lending group will make you an offer for financing and you will be sent to their website to review the offer. If you have any questions, be sure to ask your lender for clarification before you commit to anything. We are not lenders and do not make credit decisions, nor do we have access to your information.
Should you decide that your financing offer is a good one, you can accept it and your lender will deposit money into your account ASAP. This could be as soon as the very next business day.
Should You Accept?
Just because you get an offer to finance a smart watch does not mean that you should automatically accept it. This is especially true if you have bad credit. Keep in mind that while you want a smart phone, you certainly do not need one. A watch is not worth wrecking your finances, so here are some things to consider.
Can you afford the payment or payments? Fit the payment into your budget and make sure that it does not put an undue strain on your budget. The worst thing that you could do would be to just figure that everything will work out.
If you can afford the payment, also consider whether the cost of the loan is too high. Take the total cost of the loan and compare that to the purchase price. If the total cost of the loan is $1800 and the watch costs $900, is that a fair trade off? Only you can make this decision.
Finally, consider whether you have an alternative to financing. Perhaps look into a used watch instead. These watches change rapidly, so you might be able to purchase a watch that is only a few generations old for a fraction of the price.
Buying Your Smart Watch
If you accepted a loan, now is the fun part, buying your new smart watch. With money in your bank, you are a cash buyer, so take advantage of this and get the best watch for the best price.
One thing that you should make sure that you do is shop around. Don’t assume that an Apple watch is necessarily the best to get. Yes they are great, but their are other models out there that might have features that you prefer.
Having cash in your account gives you the ability to shop around, so be sure that you do so. The result will likely be a purchase that you are happy with.
