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Does anyone knows the Genesis Credit at Best Buy!!!

The last post in this topic was posted 2433 days ago. 

 

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I went to Best Buy to return some stuff earlier today. I noticed they had another lender to finance. It offer 0% interest for 6 months. It borrows up to $1200. I think it is a subprime card. I didn't see any info on the website.

 

 

Here is the poster at Best Buy:

 

photo-2_zpse6c56b06.jpg

 

 

 

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I think it is new. I don't think it is revolving credit. It is like Conn's credit. You have to apply every time you need. It is a closed end installment. They also do the subprime lending for Zales, Fred Meyers Jewelers according to website.

 

 

link:

 

https://www.mygenesiscredit.com/Home.aspx

 

 

Ron.

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Would still be a good report builder for people with thin files, or rebuilding though.. A couple of installment loans are good alongside credit cards, so that might actually be preferable to a card.

 

I'd be kind of surprised if it were anything else considering they already have their rewardzone card backed by Citi, formerly Cap1, formerly HSBC.. lol

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I work for a jewelry store (not the ones that Ron1 named) that uses Genesis and they give credit lines like candy. We do a SP first to see if they will be approved and then if they are pre-approved, we run the credit. They SP TU (not sure if its's good for B*) and then they HP TU. They give minimum 1K to max 5K. Ours is a revolving line of credit with 6 months 0%.

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This may be what I need. I am needing a lap top for school and maybe if they approve people with no credit I can kill 2 birds with one stone. Get what I need and start building my credit.

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This may be what I need. I am needing a lap top for school and maybe if they approve people with no credit I can kill 2 birds with one stone. Get what I need and start building my credit.

So much for that idea. Went to my local best buy and they never heard of this. This must be in certain states only I guess

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Je-zus, who's going to finance egift cards?

 

I think it's so they don't have to accept the cards at POS. You want a $800 TV so you go buy a $800 gift card from the kiosk, then you take that gift card to the register with you.

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Je-zus, who's going to finance egift cards?

 

I think it's so they don't have to accept the cards at POS. You want a $800 TV so you go buy a $800 gift card from the kiosk, then you take that gift card to the register with you.

Sketchy

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I live in Katy/Houston, TX and I have a genesis credit line with Best Buy. I am not employed so I used my husbands income even though he is not on it. My credit was about 630. I got the full $1200 line credit. For Christmas I wanted to buy $400 worth of gifts from there so as long as I have that amount on there they give me a gift card/certificate with that amount and I take it to the register to pay. so until I pay the full $400 off that I took out, I can only use what is on the credit. For ex: $1200 I spent $400. I only have $800 left to spend unless I pay the $400 off. Then im back at $1200. If I pay the $400 (or whatever amount) off in 6 months I do not pay interest. And I think you can only take money out in $200 increments. Don't remember how much exactly.

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Oh and you can use it for literally anything in the store. I got beats by dre and a gift card.

Congrats on your approval!!!!

 

 

Ron.

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I'm going to be in the market for a new laptop soon, and since I can't qualify for the BBY card through Citi, maybe this will help me buy a new machine.

 

Does anybody know what the requirements are for income, residency, references, etc?

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I'm going to be in the market for a new laptop soon, and since I can't qualify for the BBY card through Citi, maybe this will help me buy a new machine.

 

Does anybody know what the requirements are for income, residency, references, etc?

BillMeLater is a decent service I used a few years ago when buying through Lenovo. Definitely check them out. Usually offer 0% financing for a year or so.

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My brother went to Best Buy to apply for Genesis Credit yesterday. He got approved instantly for $1200. They told him the BB employee will handle Genesis Credit after April 9. It is re-useable LOC unlike Conns Credit. It is easier than Bill Me Later.

 

 

Ron.

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The last post in this topic was posted 2433 days ago. 

 

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