Wednesday, June 15, 2011

Easy Payment Plans – June 2011

Easy Payment Plans allow you to spend first and pay in installment based on the purchase or spent amount.
There are few ways to apply for EPP.
  1. Apply directly at selected merchant during your purchase
  2. Call card issuer and furnish details of the purchase and number of installments that you want to make. Usually this must be done before the next Statement Date.
  3. Deal with company/agent that provides service on EPP to settle credit card outstanding (not advisable)
Table below shown Easy-Payment Plan that currently offered by several card issuers or banks (for item 1 & 2 above).
Click picture to enlarge

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