How No-Cost EMI Actually Works for Electronics
We are constantly faced with choices throughout the day, and it seems like these “No-Cost EMI” deals on electronics have been getting the most attention. But what is the truth behind this? Are you really getting a clever way to purchase your favorite gadget without spending too much?
Breaking Down No-Cost EMI
So, here are the facts. No-Cost EMI, as the name implies, is not just a free offer. It’s actually a great deal where you can get your electronics like your mobile phone without paying extra interest. Think of it as buying a coffee every day for a month instead of buying a coffee machine once. It’s easier to digest, isn’t it? The question is how it actually works. Usually, the merchants or banks are the ones who absorb the interests or they share the interest with the customer. It is similar to splitting the bill and nobody keeps …
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