Financing thru Disney...options?

[lntx]

When you finance thru Disney, do you have options as to what company you get your loan thru? We're thinking of buying a Poly contract; we have 2 VGF resale contracts. One of those we financed thru Monera and one we paid cash for. Is Monera an option when buying direct thru Disney? Thanks!

 

[disneynutz]

Disney does there own financing so my guess is no, you will have to finance through them.

Bill

 

[BillPA]

You should same money by getting your own financing, I think Disney is 10 1/2% or more.

 

[Matty B13]

There are a lot better options out there, just do your research.

 

[miTnosnhoJ]

I would contact Monera and ask if they finance direct purchases.

 

[CarolMN]

I very much doubt Disney requires you to use their financing.

 

[Lynne M]

I very much doubt Disney requires you to use their financing.

I don't see how they could. I mean, if you provide a check for the correct amount, I don't think they'll know or care the money came from a home equity loan or Monera or your bank account.

 

[erionm]

I don't see how they could. I mean, if you provide a check for the correct amount, I don't think they'll know or care the money came from a home equity loan or Monera or your bank account.

Well, the OP did ask about financing options thru Disney. What you propose would actually be a cash purchase.

 

[bumbershoot]

If you finance through Disney, Disney is financing it. There's no choice. It's super easy and the interest rate is high to some and low to others depending on their credit score and history. But disney is the bank, so to speak.

 

[CarolMN]

Well, the OP did ask about financing options thru Disney. What you propose would actually be a cash purchase.

If you finance through Disney, Disney is financing it. There's no choice. It's super easy and the interest rate is high to some and low to others depending on their credit score and history. But disney is the bank, so to speak.

While of course you are both correct, I suspect the OP just wants to finance the purchase and is wondering if Disney would allow him/her to choose the "source" of the financing - o.e., an internet bank, a personal loan, or home equity loan from their bank, etc.

 

[anitatina]

You should same money by getting your own financing, I think Disney is 10 1/2% or more.

Close. When I looked over the DVC brochure for purchasing CCV, the best rate was 9.99% for those with excellent credit.

 

[Dean]

Lightstream is around 7-8% depending on the amount financed and length. It's a personal loan but not a mortgage so the interest is not deductible but who cares since chasing a tax deduction almost always costs more in the long run anyway.

 

[BillPA]

Home equity loans/Line of Credit, if you have a home, run 3.5-4% and are tax deductible. But do do put your home at risk, granted not so much.