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Buy on Trust Lending is a lease ownership program that offers highly marked up electronics and home goods from Best Buy for purchase. You can be approved for a credit account up to $5,000, and can shop on the website and pick up your orders from your nearest Best Buy when they’re ready.
A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.
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Borrowing cash on your card is a cash advance. Cash advances usually come with very high fees. Even worse, cash advances can signal to lenders that you’re being irresponsible with money.
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Buy on Trust Lending is a lease ownership plan offering electronics and other goods through Best Buy, at a highly marked up price point.
Once you’re approved for a line of credit (up to $5,000), you’ll shop like you normally would: adding items to your cart and then checking out when you’re ready. You’ll be able to see the total price of each item along with what you could pay weekly if you decide to lease it (your terms may be different).
Once you’re ready to check out, you’ll sign your lease electronically and provide a down payment to place the order. You’ll get a text on your phone to track your order, and items will be marked when they’re ready to be picked up at your nearest Best Buy.
They say that most products are available same day for pickup, and you’ll only need to bring your photo ID.
Payments are due starting one week after your last item is marked ready to pick up.