How to take advantage of the MSI in the Hot Sale 2024?

by times news cr

2024-04-19 19:11:47

Here we tell you the best way for you to take advantage of the Months Without Interest (MSI) in the next Hot Sale 2024.

To start, the Hot Sale 2024 will start next 15 th of May starting at 00:00 hours on that day and will end at 23:59 hours on day 23 of that month.

However, some stores already showed the offers from this April 17thbut the prices of the products of more than 700 brands that will participate in this edition cannot yet be consulted.

It is important to make the most of the offers and discounts published in the Hot Sale 2024, which is why we tell you how to do it with the MSI.

You might be interested: When is the Hot Sale 2024?

How to take advantage of the MSI in the Hot Sale 2024?

Interest-Free Months (MSI) is a payment method with which customers and credit card owners can purchase products or services without interest charges.

One of the advantages is that it provides liquidity to the consumer so spending is significantly reduced.

MSIs can be divided into terms of 3, 6, 9, 12, 18 and 24, but these will depend on the banking institution you have and each one will provide you with one of these options.

What does it mean to pay with MSI?

Various products and services can be paid with MSI, which consists of paying the total amount in installments, that is, if you purchase a product or service with a total cost of 6 thousand pesos and select the option to pay it in 6 months, in the first payment One thousand pesos will be deducted from your line of credit, and in the next five months another thousand will be deducted until the total amount is covered.

However, it is important to indicate that if you do not pay one of the monthly payments, the MSI option is canceled and you will now have to pay the interest and in some cases an extra charge.

You might be interested: Which stores participate in the Hot Sale 2024?

To get the most out of the MSI in the Hot Sale 2024, it is recommended that the duration or useful life of the product be greater than the amount of time that you will end up paying for the good.

It is important that before making each purchase you verify that you selected the MSI option and the period in which you will pay it, but beyond that you must also analyze your financial situation, your payment capacity and that for a period of time you will have to pay a monthly payment, something that will reduce your income for that period of time.

LEO

2024-04-19 19:11:47

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