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Anyone know what Sharps typical APR is?

6 replies

Toddlerteaplease · 08/09/2019 14:08

Thinking of having a fitted side of door wardrobe. They do finance but I can't find any representative examples of their deals. The bank loan rates are 13-18%. Somhoping theirs will be better. It should I get an Interest free credit card to pay it off on that?

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Heronwatcher · 08/09/2019 21:19

Sorry this is not helpful but I read this and think you would be absolutely mental to take finance out for a wardrobe. Sharps are hugely expensive anyway, if/ when you do find the APR work out the total cost after interest, you’ll be gobsmacked. You can get amazing second hand furniture on eBay, or a local carpenter could do something similar for a fraction of the price.

flirtygirl · 09/09/2019 19:48

Check out money saving expert for loan and credit cards, you can get up to 18 months interest free credit cards or loan from 2.8%.

But yes you would be mad to get a wardrobe on finance from a company like sharps. They are very very expensive and not even solid wood.

Toddlerteaplease · 09/09/2019 23:01

Thanks for the advice. Their minimum order is £2400 even with discounts. So I'm going off them! Any suggestions for better companies. They texted today and said their APR is 15%. I can get a bank pan with 10%. Any suggestions for better companies. I don't want the hassle of trying todo it my self or find someone to fit it.

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Toddlerteaplease · 09/09/2019 23:04

Also the discounts only apply if I order at the first visit. I've got slide robes coming out on Thursday but any other suggestions welcome. It's already a fitted wardrobe. I just want better use of the space
.

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Toddlerteaplease · 10/09/2019 13:35

Bloody hell. They've quoted me £3100! And that's including discounts!

OP posts:
Knittedfairies · 10/09/2019 13:39

You might consider turning an IKEA wardrobe into a built in piece; various sites have details if you're handy but you could probably find a local tradesman to do it.

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