Purchasing Power's interest rates vary from 60 to 95%: Beware of Purchasing Power's blatant lies. Their catalog claims that you would pay more on your credit card to finance through a credit card (18% to 25%). Blatant lie. Check the actual cost of their products to begin with.
For example, they are selling a 3rd-generation 32G iPod for $505 with the same bells and whistles that you get from Apple for $299, only the one you would get from Apple is a 4th generation. So you will actually pay $206 more for an older generation iPod. If you were to finance this $299 purchase from the Apple store on your credit card for a year at a high rate of 25%, you'd pay $42.01 in interest. That would be $341.01. Yet, Purchasing Power wants you to believe you're getting a good deal by charging you $206 over the actual purchase price for this item which is actually worth less than the one you'd get at the Apple store because it is only 3rd generation, not 4th.
Shame on any employer who offers this program, as they get kickbacks from Purchasing Power for raping employees. This is a notice of complaint to FTC for false advertising, etc. by PurchasingPower.com
