Amazon presents Paga in 4: you can now finance orders with Cofidis
Amazon financing is by Cofidiswho is the one to approve the funding. Since last Friday, Amazon displays below the price of each product a new section indicating: Financing: Pay in 4 times. On the right we go to a section called Pay in 4, where all the details are given.
So, it is possible financing orders between 75 and 1,000 euros, dividing them into 4 compulsory payments (they can not be more or less for the moment). To be able to finance the purchase, you must choose "Pay in 4As a method of payment in the process of purchase. We will find a form to fill in, in addition to attach a photo of the DNI or the NIE. Once the funding application is completed and submitted, an immediate response will be received to determine whether or not it is granted. From there, we will see the final price we will have to pay, including commissions and fees.
To make the payment, it will be possible to use any credit or debit cardexcept American Express, foreign, virtual or prepaid cards. However, there are products that, although they meet the pricing requirements, are not available for funding, excluding baskets with gift vouchers, digital purchases (music, videos, Kindle books, apps or games). ), Presales, or products that are not in stock.
Commissions are quite low
Regarding returns, a full refund of the amount already paid, including commissions, will be received. In partial repayments, the amount financed will be modified and the quotas will be recalculated. The funding would be like the following example:
For an order of 75 euros, it is divided into 4 installments of 19.22 euros, for a total cost of 76.88 euros. The additional cost paid corresponds to 2.50% of the capital requested as opening commission, with a TIN of 0% and a TAC of 21.60%.
In the case of an order of 1,000 euros, it is divided into 4 installments of 256.25 euros, which represents a total of 1,025 euros, plus 25 euros to the concept of 2.50% of the requested capital . The TIN is 0% and the TAE is 21.54%.
With this, if for example you place an order with funding on May 1, 2019, the first payment is paid on May 2, the second on June 2, the third on July 3 and the fourth on July 30. although dates may vary depending on funding.