One of my most nostalgic moments was being an 18 year old kid (in a steady band already), browsing Guitar Center, noticing the store credit card and having that epiphany...they gave me $1100!! It's a pretty standard retail store credit card. Not to mention the 10-80% savings you can get buying mint-condition "used" gear. It all comes down to paying it on time. Retailer Guitar Center Files for Bankruptcy; The retailer has negotiated to have a total of $375 million in debtor-in-possession financing from its existing lenders and intends to raise $335 million in new senior secured notes, the company said in a statement. I bought a spiffy Hamer electric (which I ended up taking back a couple weeks later, I was cool with my ol' Cort) and a Fender Princeton Chorus that served me very well for a few years. Get the latest Guitar Center coupon codes to discover incredible savings on guitars, amps, drums, and more. Welcome! The big question you should be asking yourself is can you pay it off during the promotional period and will you ever have to miss a payment if circumstances change? Don't be cruel to future you. U.S. Guitar Center, Music 123 and Musicians Friend are owned by the same company. 6 months special financing* With credit approval, use your Micro Center Insider® credit card for special financing for 6 months. Btw, kudos to you for not rushing in and immediately taking the credit. Credit is great if used properly but its very very easy to get overwhelmed and then you're sunk. The Guitar Center Essentials Card does not have any of the rewards associated with the Gear Card, but it is still a financing option for Guitar Center purchases. Welcome to r/guitar, a community devoted to the exchange of guitar related information and entertainment. How it compares: A 0% or low-interest credit card may be a better bet financially than Guitar Center’s financing offers, especially for purchases that don’t meet the criteria for the 24-month and 48-month financing offers. Welcome to r/guitar, a community devoted to the exchange of guitar related information and entertainment. If you are spending $2000 and it costs $199 to buy into the program, you might as well be paying 10% interest. Some background: I grew up working at my Dad’s farm store in Vermont and thus developed a lifelong commitment to Real Business. Check out the Chase freedom unlimited it's got 1.5% cash back and 18 months no interest. Worked well, would do again. All this is contingent on you getting approved for the card in the first place, but I believe they'll extend most people some amount of credit. Guitar Center is your one stop shop for all things music. The American guitar industry is making a serious comeback. your password I walked in and walked out with a guitar and amp. This is a forum where guitarists, from novice to experienced, can explore the world of guitar through a variety of media and discussion. Guitar Center Gear Card. Zero interest financing is always a good option. Welcome to r/guitar, a community devoted to the exchange of guitar related information and entertainment. 6 Twitter 115 Facebook LinkedIn 93 Reddit Email California-based Guitar Center plans to file for Chapter 11 bankruptcy, according to the company. Guitar Center began in 1959 as a store selling home organs in Hollywood. I told him I would think about it and get back to him tomorrow (they now have the guitar on temporary hold for me). If you have guitar related questions, use the "Search" field or ask the community. I did this with ebay and I paid off my amp early. I was thinking about buying it today in just one payment, but at the same time I do not want to spend every penny I have saved right now. You may not have to pay interest if the balance is paid off before your introductory period is over. The Guitar Center Essentials Card application is an in-cart offer during the online checkout process. 15% off (3 days ago) guitar center coupon code: 15% Off Single Qualifying Product (Minimum Order: $199+) at Guitar Center.Double click on the link to get the best deals for your payment via 'guitar center coupon code: 15% Off Single Qualifying Product (Minimum Order: $199+) at Guitar Center', please remember to come back every week … Has anyone ever gone with it? This includes payment installment plans with 0% interest for 24 months on guitar, bass, keyboard, and amp purchases that come to $699 or more. For $1600 used you could buy 2 Fender Strats, 2 Teles and a Klon, just as an example. You just have to make sure that you make those monthly payments on time. I have 2 cars financed at zero percent. plus if you do this then you can accumulate a few extra points for your credit score. I was thinking about getting really nice and the monthly payments would be much nicer than having to save it all for months and months. Retailer of music instrument. As with credit cards in general, if you are careful and avoid paying interest, you can save quite a bit of money, but just remember one of the ways they can justify giving away money and promotional deals is because not everyone is able to avoid the interest charges. Zero money down and no finance charges! Guitar Center also has a 30-day layaway program, requiring 25% of the price total to be deposited up front. your username. Call . Not everyone gets approved for it though. I have heard some good and bad things about their financing plan, what is your opinion? Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, LinkedIn, YouTube, and reddit. Remember though, you don't own the guitar until it is paid off. Zzounds, Same Day Music and American Musical Supply are also owned by a single company. Make sure you love this guitar. Just make sure that you are paying at least the minimum per month, and that it is complete before the financing is up. Welcome to r/guitar, a community devoted to the exchange of guitar related information and entertainment. *Offer applies only to single-receipt qualifying purchases, excluding the following: Stick Club and String Club memberships, special orders, gift cards, Guitar Center Rentals, Guitar Center Lessons, used items, vintage items, open box items, clearance items and any purchase where a manual discount is taken at register. 36 months 0% APR 2 With credit approval, use your Micro Center Insider® credit card for 36 months with 0% APR. We sold cow shit, so complex explanations were considered suspect. Unless you're a professional, gear is a luxury, and going into debt for luxuries is not a good idea. Special financing deals are automatically applied to … You're basically getting a Guitar Center "credit card" with a very high APR. Money now is worth more than money later. If you have guitar related questions, use the "Search" field or ask the community. Press question mark to learn the rest of the keyboard shortcuts, Gibson SG/Les Paul Goldtop | Mesa/Boogie Mark V. It is collateral against the loan. I'd say don't go crazy, if you get that LP put as lil as you can on a card. Just make sure you can afford it. Simply fill out the online application or visit your local Guitar Center to apply. Guitar Center, which owns nearly 300 stores across the country, said business operations will continue without any interruption. If you don't you get the interest from the whole time you had the loan slammed as soon as it is due. This is a forum where guitarists, from novice to experienced, can explore the world of guitar through a variety of media and discussion. By using our Services or clicking I agree, you agree to our use of cookies. Most orders are eligible for free shipping. A Note about rondo Music. If you aren't, you're probably going to get fucked with ridiculous interest. If you have guitar related questions, use the "Search" field or ask the community. Press J to jump to the feed. I ended up really liking this USED Gibson Les Paul Standard ($1600). I was thinking about getting really nice and the monthly payments would be much nicer than having to save it all for months and months. Good luck whatever you decide to go with. It's good as long as you have good credit and are responsible. I saw that Guitar Center has this 12-18 month, zero-interest financing. I used it a few more times but always paid it off and it worked out really well. Bethenny Frankel’s best business decision she’s ever made. They are no interest, but they charge a fee for the service. With a Guitar Center Gear Card, you’ll get exclusive financing offers, easy monthly payments and no annual fee*. I am new to reddit. In 2007, private investment firm Bain Capital bought Guitar Center via leveraged buyout (aka LBO), meaning that it acquired equity interest by putting debt on it as a form of payment. Most 36 Month Financing are eligible for free shipping. With lessons available at more than 280 locations, there’s bound to be one near you - and with a Guitar Center coupon code on board, you could save on upgrading your skill set. Press J to jump to the feed. I saw that Guitar Center has this 12-18 month, zero-interest financing. The financing is actually done through a bank and not Guitar Center. Guitar Center said it had reached a restructuring deal with its controlling owner, a fund managed by private equity firm Ares Management, which acquired its stake in Guitar Center in 2014. 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