@K-in-Boston wrote:
Any agreed-upon Plan It installment amounts will be added to the minimum payment. (i.e. if your minimum is $35 and you did a 12-month Plan It for $600 and your fee is $5/month, your minimum payment would be $90.) I tested a small one when it first became available to see how it worked, then paid it off early to avoid the rest of the fees.
Hi, I just want to confirm how this works from what I gathered here.Say for example I have balance statement like this.
$100
$200
$3000
I am going to apply Plan It Pay It on $3000 purchased for 6 months payment which resulting with $500 payment plan, with $5.00 fee as an example.
Thus the total payment plan is $500 plan+ $5.00 fee = $505
Let's assign $x as minimum payment of $300 from $100+$200.
$x minimum payment would change since it will drop every month that's why I named it $x
Therefore, total the monthly payment would be $505+$x
Is that right? Thanks.