Memory Express Financing

Memory Express Financing
Affordable and flexible financing options (In-Store Only)

Don’t Break The Bank!
...We Have Financing

Enjoy affordable financing that’s easy to understand and won’t break the bank. With some of the industry’s lowest rates we’re sure you’ll find a financing option to fit your needs and budget.

From Application to Approval only takes 5 – 10 minutes!
Finance the entire transaction amount including all taxes!
No down payment required for any of our financing options!
No hidden or annual fees, we tell you upfront about all fees and interest amounts!

Financing Option A:
No Interest / No Payments

Our No Interest / No Payments plan gives you the flexibility to decide when and how fast you pay down your loan. There is no interest charged if you pay off your loan by the end of the term and any amount you don’t pay off will automatically roll into our regular revolving credit plan (Option C).

3 Months - No Interest / No Payments
(Plan# 10603)

* No Annual Fee!
* No Administration Fee!
* No Minimum Purchase Size!
* No Retroactive Interest on Unpaid Balance!
* Remaining balance will automatically move to our regular revolving credit plan (Option C) at the end of your term.

Financing Option B:
Equal Payments / Low Interest

With our Equal Payments / Low Interest plans you get some of the lowest rates in the industry, starting at only 6.75% /yr. Simple Interest. Unlike other retailers we don’t charge compound interest or have complicated formulas with Amortization Schedules, we charge Simple Interest (Interest = Principal x Rate x Time in Years). Like our other plans, any amount you don’t pay off will automatically roll into our regular revolving credit plan (Option C). Another thing you won’t see anyone else do is tell you how much you’re paying in interest upfront, we do. The entire financing charge will be a single item on your invoice showing you the total amount you pay in interest.

12 Months - Equal Payments @ 7.35% /yr. Simple Interest (Plan# 10652)
24 Months - Equal Payments @ 7.1% /yr. Simple Interest (Plan# 10624)
36 Months - Equal Payments @ 6.75% /yr. Simple Interest (Plan# 10656)

Equal Payments / Low Interest Example Chart
Amount Financed >	$500	$1,000	$1,500	$2,000	$2,500	$3,000

12 Months (7.35% / year)¹	$47 Month²	$94 Month²	$141 Month²	$188 Month²	$235 Month²	$282 Month²

24 Months (7.1% / year)¹	$25 Month²	$50 Month²	$75 Month²	$100 Month²	$125 Month²	$150 Month²

36 Months (6.75% / year)¹	$18 Month²	$35 Month²	$53 Month²	$70 Month²	$89 Month²	$105 Month²

1) Financing fees are calculated with simple interest (Interest = Principal * Rate * Time In Years).
2) Monthly payment amounts have been rounded to the nearest whole dollar and includes 5% GST.

Financing Option C:
Regular Revolving Credit

Our Regular Revolving Credit Plan works just like any major credit card and is automatically available with any of our financing options. Interest accrues daily on any amount that is charged to your Account from the date that it is charged to your Account until the particular amount has been paid. There is an annual Interest Rate of 28.8% (Preferred Rate) or 35.9% (Regular Rate) with an Interest-Free Grace Period no less than 25 days for new Purchases which appear on your Statement for the first time if paid in full by the Payment Due Date.

Minimum monthly payment is the greater of $15.00 or 3.0% of your Balance
(Plan# 10600)

* No Annual Fee!
* No Administration Fee!
* No Minimum Purchase Size!

Other Fees:

Maximum Liability for Unauthorized Use of Card:
You may be required to pay up to $50.00 for any unauthorized use of your Card.

NSF Fee:
$40.00 for each cheque or other payment item which is dishonoured.

Statement Copy Charge:
$5.00 for each additional copy of an Account Statement or other Account documentation.

Overlimit Fee:
$20.00 may be charged if you exceed your Credit Limit on the Account. Only one Overlimit Fee will be charged per Statement period.

This document is for information purposes only and is neither an offer nor a guarantee for financing.
All financing is subject to credit approval and all rates / fees are subject to change without notice.

For more information please visit your local Memory Express

Affordable & Flexible Financing Options