Looking to finance a new computer without any credit history

[Mastefosho]

As the title says, I have no credit history but I would still like to finance a computer. I've been searching around and have not found any realistic options. I did find a site that would accept me but their interest rate was going to put a $1500 build into the 4000s. I'm 18 and not looking for advice on how to build my credit, I know what I need to do. I also understand that building the computer myself is a better deal but I'm willing to spend more in order to get the computer sooner. Does anyone know of any options that won't charge too ridiculously high of an interest rate? I will be able to pay off anything within 6 months easy.

 

[BadActor]

Check out places like Rent-A-Center where you rent to own. Most don't even have credit checks. Probably not going to get a high end gaming system there, though.

 

[sizzling]

Any way to build your credit rating? In the UK 1 way is to take out a credit card which will have a low balance and high % but then only use it to buy thing you would normally such as groceries. You then must pay it off in full each month so you do get charged the high interest. This in the UK really boosts someone in your positions rating and only takes a few months. This will give you a good starting point for the future too

 

[smorizio]

see if you have a local credit unions there more helpful to new people then the bigger banks. see if they can help you get your first credit card. if you do and it 300-400 limit. start with parts that wont go bad sitting on a shelf. case/power supply. buy the cpu/mb/ram at the same time as most stores have 30 day rma. for bad parts. myself i do a few things. one for your b-day and xmass ask for cash/newegg or amazon gift cards. then buy the parts that you can with the money you have then. with your credit union open up a xmass or small savings account have them move 20.00 a week over into it or a small amount that you wont miss. after a year there be a good nest egg for a pc. if you have a local micro center. look at there returned pc. or clearance pc. same for newegg. might not get the newest parts but you can build a good entry level gaming pc. (g or i3 or amd cpu) whe nyou have the funds you can then swap out the slower chip for a newer one.

 

[viewtyjoe]

Check out places like Rent-A-Center where you rent to own. Most don't even have credit checks. Probably not going to get a high end gaming system there, though.

Rent-to-own businesses are notorious for charging what amounts to usurious rates because the weekly payments will quickly add up to between 4x-20x the retail value of the goods over the duration of the RTO period. Functionally, most of these businesses make money scamming people who can't afford furniture/electronics and then repossessing when they fail to pay, or by taking advantage of those who can't do the math to figure out what they're really paying for that computer/couch/whatever.