Don't get the 6 mo same as cash loan when you can afford to pay cash.
I took advantage of that when I did about $30k worth of repairs/renos to my two duplexes. I figured it'd help ease cash flow and might as well earn a bit of interest in the meantime. It was a disaster. I set up automatic payments and received email confirmations but it didn't work. I didn't pay attention to that account, thinking I'd taken care of the payments. 10 days after the due date, I get a call from a collections agency. I explain the problem, make the payments over the phone, go back to the computer and set up the payments again. This kept happening, over and over. I bitched to the home reno company and told them they should drop their loan company. They passed my complaints on to the loan company. The loan company backdated payments to make it look like I was never late. In the process, my payment was briefly unapplied, which put me back in the collection call queue. I was getting calls hourly from people who just thought I was a deadbeat and got my call transferred to them before they'd read any account notes so I had to spend 30 minutes bringing them up to speed. I was so pissed I went back to the contractor and the loan company. Eventually, a VP called and intervened. By then I was so fed up I just took the money out of my emergency savings and paid off the damn thing.
On the plus side, the loan company sent me a $50 visa gift card for my stress so I blew it on a huge bottle of Aveda conditioner to wash that whole experience outta my hair.
