Recently, tech giant Xfinity has taken the tech market by storm, with quality services and products ranging from their mobile phones to their TVs. This has created quite a buzz amongst tech users and this includes you – that is why you are here. Let’s learn ‘Does Xfinity have Payment Plans?’.
You want to have a feel of the quality that comes with Xfinity products and services. But between also having to pay for other utilities, you are not certain about your financial ability to pay for any Xfinity product at once. As such, you want to know if Xfinity offers payment plans. Who doesn’t want to make a payment that is not demanding?
You can only claim full ownership of any product or devices Xfinity sells when you have made full payment for the product or device. But in other to ease the burden of payment, Xfinity offers monthly payment plans for their devices, be it their mobile phone or their TVs. There is no rigidity in payment. We will explore more into this option of monthly payment below.
Xfinity Monthly Payment Plan
As earlier stated, in a case where a user cannot make full payment at once, Xfinity offers a monthly payment plan for their devices. You have the option of paying for any Xfinity device across twenty- four (24) months.This is what it means. Using their monthly device payment plan, you can pay for the full cost of their device across 24 payments.
But you have to ensure that you make the payment on the same date every month (for 24 months).This does not rule out the fact that if you have a little extra money with you, you can make extra payments within 24 months. Xfinity also allows for payment of the remaining balance of the device at any period you want. Upon completion of all the payments, the device becomes yours.
Setting Up a Payment Plan
As a precautionary measure, Xfinity may need to access some information on your credit history before you are allowed to buy any device on a monthly payment plan. With this information, they may need to run a quick credit check on you. However, this will only be done with your permission, as the company has always maintained the acknowledgment of its user’s privacy rights.
When you have successfully passed the credit check, Xfinity will offer you a monthly device payment contract. This contract will contain your name as the buyer, contact number, address, and a brief description of the item.It will also carry the percentage rate per annum, finance charge, and a sum of payments.
Xfinity also makes it clear that within this period, you bear the entire risk of casualty to the device. What this means is that, even if the device is damaged, stolen, or lost, you are obligated to complete the total of the payments.However, in the case of not being satisfied with the device shipped to you, you have the right to cancel the device you purchased from the company. This is done by returning the device within fourteen (14) days of shipment. Keep reading to find out how to make the monthly payment for the device.
How to Make Device Monthly Payments?
After the successful signing of the monthly payment contract, the payments for the device(s) are automatically deducted via the card you have registered on the contract file. As such, you must ensure there is money in the account you registered.Note that it must be the same card you use in making payments for any other Xfinity charges. On your bank’s monthly account statement, the device payment you make for the month will appear as your Xfinity Mobile Charges. In the case where a user already has a past-due balance, an option of repayment plan has been made available by Xfinity.
How to Pay off your Past-Due Balance with a Repayment Plan?
Paying off a past-due balance doesn’t have to be an impossible or over-burdening task. As a means of extending its user-friendly reputation, Xfinity now offers repayment plans so you can manage your payments more easily. All you have to do is contact or call the company to set up a repayment plan. Upon contact, one of their specialists will work with you to set up your repayment plan.
Using your past-due balance, your scheduled payment dates and amounts will be predetermined. When you have finished the setup, Xfinity will send an email to you, confirming how much you will pay for each installment and your payment dates.
Conclusion
With regards to quality, aesthetics, and durability, Xfinity’s products and services have established themselves as one of the most desired techs. Their option of payment for a device over months is meant to ease purchases by old and intending users.
Frequently Asked Questions
1.Does Xfinity have an assistance plan?
A.Recently, Xfinity has developed an Assistance Plan for users, which allows you to continue to receive their Internet and Voice services for a reduced price.
2.Does Xfinity have a grace period?
A.Xfinity’s grace period only gets applied for any payment that is not received within 30 days of the first day of the billing cycle and every 30 days after, until payment is received.