Finance:90 days same as cash

From HandWiki

In retailing, 90 days same as cash is a term used by retailers to offer things which you can buy without paying any interest within those 90 days. It is a deferred payment on purchases. If the payment becomes overdue interest would be charged from day one at the pre specified interest rate.[1] This kind of finance is usually offered by furniture, consumer electronics and car retailers.[2]

Others similar terms used are: 60 days same as cash, 30 days same as cash or interest free purchasing.

See also

References

  1. ↑ "90 Days Same as Cash - Not the Good Deal It Seems to Be" (in en). The Balance. https://www.thebalance.com/90-days-same-as-cash-not-great-deal-960022. 
  2. ↑ "What Does "90 Days Same As Cash" Mean?" (in en). Pocket Sense. https://pocketsense.com/90-days-same-cash-mean-10099.html. 




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