Payment Plans For Cards?

[Casey2296]

Originally Posted by Seven

Communication is key I would think. I would love to work something out for Goudey Ruth or Gehrig, or one of the Mantles that I need. Would make things a heck of a lot easier.

You could always put it on a credit card. That's a payment plan of sorts. Or are you strictly talking about a lay-away plan with a seller?

One way would be to set up an agreement as a 3rd party agent.
For example: I buy the Ruth card you want, keep it safe while you make monthly payments for a predetermined term and add a small vig for the use of my money.

[Seven]

Originally Posted by Casey2296

You could always put it on a credit card. That's a payment plan of sorts. Or are you strictly talking about a lay-away plan with a seller?

One way would be to set up an agreement as a 3rd party agent.
For example: I buy the Ruth card you want, keep it safe while you make monthly payments for a predetermined term and add a small vig for the use of my money.

More along the lines of a layaway plan with a seller. The only minor issue with the credit card would be the fees you incur with Paypal. I'd assume big time purchases would be through G&S, not sure if a 4K purchase, just throwing out a number here, would get flagged. Additionally If you're going through something like Ebay, then we all know that we have to give Uncle Sam his cut of anything you're buying

[sycks22]

I've taken payment plans on a bunch of cards and had no issues

[whitehse]

I worked out a lay-a-way plan for a large deal of cards with a respected member here on the boards which lasted six months. We had an agreement which included exactly when payments would be made, how long the lay-a-way would last and a financial penalty for failure to purchase the lot for any reason. I wanted to make sure that the seller was comfortable with the deal by allowing him to keep all the cards until the final payment was made. As I mentioned, this is a well respected member of the board so I had no worries about making sure I get the cards after the lay-a-way was paid off.

It worked out well for me and I hope the deal worked out well for him as well.

Been on both sides. Greg Morris and others have done it with me and I've extended the courtesy to others. IMO one of the most brotherly and truly fun parts of a hobby. When someone works with you on a dream card, that you just need a little time on, its really a great feeling

[Brian Van Horn]

Doing a payment plan once or twice is fine. If it becomes habitual, well......

[Tyruscobb]

We are talking about baseball cards; not houses or cars. If you can’t afford to pay cash, and don’t have it in-hand, you probably shouldn’t purchase the card.

Don’t forget 2008. People bought more house than they could afford, because they thought the prices would keep going up. What possibly could go wrong?