---------------- Advertorial -----------------
The increase in mobile phone and laptop prices has made cash purchases of these items difficult for many retirees and pension recipients. On the other hand, these devices are no longer just luxury goods and are needed for daily tasks such as using banking services, communicating with family, online education, and many administrative matters.
For this reason, many people are looking for a way to obtain the phone or laptop they need without paying the full cost upfront. But which installment purchase method is more suitable for retirees?
First method; cash purchase
If you are able to pay the full cost, a cash purchase is the simplest method and does not require paying in installments or going through credit approval steps.
However, given the high price of many phones and laptops, paying the full purchase amount at once may significantly affect a large portion of the household's monthly budget.
Second method; taking a bank loan
Some banks offer loans with specific terms for purchasing goods or obtaining facilities.
In this method, it is usually necessary to complete various steps such as file formation, providing documents, credit assessment, and in some cases introducing a guarantor. Also, the time to receive the loan may vary depending on the bank.
Third method; using credit purchase schemes
In recent years, credit purchase platforms have made it possible for users to buy needed goods in installments after receiving credit.
In this method, the request registration steps are usually done online and after receiving credit the user can choose the desired product from among available goods.
How does Kaman make installment purchases easier for retirees?
One of the platforms that offers credit purchase services for retirees and pension recipients is Kaman.
In this platform, after users download the Kaman app, submit a request and complete credit assessment, they can receive purchase credit according to their conditions and use it to buy laptops, mobile phones and other digital goods in installments.
Some of the most important features of this scheme include:
- Receiving purchase credit up to 300 million tomans (based on conditions and credit rating)
- Possibility of repayment up to 36 months
- Request registration and credit assessment online
- Ability to purchase from Kaman Store
- No need for a guarantor or check for many retired applicants (for some groups such as pension recipients and salaried employees of Bank Refah, providing a check is mandatory.)
Conditions for receiving purchase credit for retirees
To use Kaman's credit purchase scheme, the applicant must meet the necessary conditions for receiving credit. The most important conditions are:
- Being a retiree or pension recipient of one of the contracting organizations.
- Successful online credit assessment.
- Having a suitable financial history and no outstanding debts or overdue installments.
- After credit approval, the ability to purchase goods on credit from Kaman Store will be provided.
Also, depending on the applicant's conditions, the credit ceiling and repayment period may vary and will be determined after credit assessment.
When is using credit schemes a better choice?
If paying the purchase cost in cash means that a large part of your monthly budget will be spent on obtaining a product, using a credit scheme can make cost management easier.
Of course, before choosing any method, it is better to examine the credit ceiling, repayment period, terms of receiving facilities and incidental costs to choose an option suitable to your financial conditions.
Summary
Each of the methods for buying phones and laptops has its own advantages and limitations. Cash purchase is the simplest option, bank loans can be suitable for some people, and credit purchase schemes also make procuring goods easier without needing to pay the full amount at once.
If you qualify to use Kaman's special retirees' scheme, after receiving purchase credit you can select the phone or laptop you need and pay its cost in long-term installments. This can reduce the financial pressure of the purchase and make it possible to obtain the needed product with better financial planning.