buy now pay later

Yeah, you are correct. However, if you miss the payment date you will pay the full interest, which is usually something ridiculous like 30% APR. There may however be an early settlement fee, which IIRC when i worked in currys was a flat £20.

I would say that it is a bad idea though. You never know how things are gonna roll at uni, what if your balances dont quite fit? Why dont you get a student current account and do it with your interest fee overdraft? Plus, its not like its necessary to get a netbook for uni...

I guess i am quite debt averse...

EDIT: Oh if you are living off a student loan and otherwise unemployed you will probably instantly be rejected by the credit check.

It's a pretty good idea as long as you can pay it off, or you end up paying way over the odds.
The other option you have is a catalogue. My flatmate's laptop broke and she couldn't afford a new one so she bought one with littlewoods and paid about £35 a month, and if she had spare money she'd pay a bit more off. She'd cleared it with a year.

hmm I can't find anywhere on the website that says about an early settlement fee but I found it really hard to find the part that told me what the interest rate was so I'm assuming your right and there is one but I can't find where it tells me what it is. You probably not going to be impressed by this but :P.. I do have an interest free overdraft, however I am currently in it so far that there isn't enough left to buy a net book as had to pay rent over the summer which I failed to budget for. I guess once my loan comes in and the overdraft I've already accrued is paid off I could use it. I do intent to try and find a job this year but theres always the possibility that I won't be able to so I don't want to count on it. However theres no possibility of me failing the credit check as I already have the account with approved credit of up to £600. I've had it for about 6 months as I was going to buy a dress on there but never did. currently every month they send me a bill for £0 :P

I guess the most important thing though is your right I don't absolutely need it, it would just make my life easier.

I have an overdraft of close enough £3,000. I failed to find a job during uni and i have just graduated and have yet to find employment. If i dont get one soon, in a years time it will start racking up interest. I did look for a job, but i didn't get anything, dont rely on finding a job someday, as it will just make your life difficult when you graduate. Especially if you are getting a loan that might earn you interest, its just not worth it to be honest. I know people that have gone the entire length of their course without a computer at all, so you can do it. At the end of the day it is just gonna be more stress for you, and you are gonna just be pissed off that you are spending money on an electrical appliance because you are too lazy to take notes when your friends wanna go out and you cannot afford to. I know plenty with snazzy phones and such that went thought these motions. To be honest, a cheapo netbook is about £100, you can probably budget that if you really needed to.

I need a job

EDIT: Ask them about an early settlement fee, there might not be one. But if you are buying a loan read the terms and conditions properly!

EDIT 2: Just saw your above post, good call! Think of it as motivation to find a job

Basically I want to buy a netbook for university but for several reasons and commitments I won't be able to afford it now or with my first loan instalment I will only be able to afford to pay for one in January. I was considering buying one from very (after researching them elsewhere and going to see it in another shop) on a buy now pay later thing but only if I have understood this correctly.

the website says:

"Buy Now Pay Later is subject to the stated minimum cash order value and account status. Interest will accrue from the date of purchase but will not show on the account until the first statement after the expiry of the deferred payment period. You can avoid paying interest by contacting us and paying the cash price in full before the end of the deferred payment period. All Financial Services products, delivery and installation charges are excluded from this offer, which is valid until 04.01.13."

So am I correct in thinking that the bolded part means that if I buy the laptop on a "buy now pay in 9 months" basis, but contact them to pay in January well before the 9 months is up I will pay only the initial price no interest? Sorry if this seems like a really stupid question. Also again probably a stupid question but how would I do that? would there be a way to do that on my account online or would I phone them?

also anywhere else that I could do something similar or any other advice would be very welcome.