bought a lap top through HVN prior to 30 on their 18 months interest free
immediate tax write off, claim the GST credits and don't pay for it for 18 months a good deal all round
but it is easy to see how many people can be caught out by this easy credit
28% interest cuts in as soon as the interest free period is over ( you could probably get a better rate from a loan shark) so AGC do not need to get tom many people who do not have the discipline to pay out the loan at the end of the free credit period to start making money.
the loan is also set up through an AGC credit card so people ended up with access to another $5000 to $10000 easy credit
AGC are not in the business of providing free loans these interest free loans are nothing more than a marketing ploy to trap people into my high cost debt
