How does a Musician’s Friend Platinum credit card work ??

Question

theres a guitar im looking at.. and its $879 or $27 /mo,

does that mean with a Musician’s Friend Platinum credit card, I have the guitar.. but pay them 27$ a month and it will truly be mine after I pay the whole thing off ??

the site im on is http://www.musiciansfriend.com/?src=3WWRWXYT&ZYXSEM=0

Answer 1

I've bought a lot of stuff from Musician's Friend in the past.  If you apply for their Platinum card and get accepted, you will pay $27/month until the item is paid off.  If you can pay it off within 12 months by paying $74/month, you won't pay any interest.  If you pay just the minimum of $27/month, it will take you about 3 years and will cost you about $930 at their rather high $23% interest rate.