finance

[willbur]

I bought a new sofa 3 years ago. The deal was buy now pay 1 year later. I never payed with in the year. Now i have to pay more than double the original price . is there a way out!!

[Ethel]

Probably not - that was the terms of the contract. Buy now, pay within a year and pay no interest.

As you didn't, you are being charged interest. If you weren't charged this interest, the company could be prosecuted for false advertising.