The attractive regards to interest-free loans conceal higher expenses.
There are lots of incentives to switch to solar today, from being best for environmental surroundings to money that is saving your month-to-month energy bill. That said, initial cost nevertheless continues to be a huge barrier to entry for most of us trying to change to green power, with a significant 6kW solar set-up costing well over $6,000 to set up.
Purchase now pay later on schemes appear to provide a way that is great get solar now and repay it as time goes by when you are currently reaping the advantages. But just exactly how good are these discounts actually?
What’s purchase now spend later on financing that is solar?
Purchase now spend later on financing is a kind of interest-free loan, just like Afterpay for normal purchases that are retail. With this specific system, you can get solar set-up installed at no up-front expense and spend the loan off through a method of regular repayments as time goes by. Continue reading