I purchased some furniture with the "90 days same as cash option" which was financed through Crest Financial. It's not technically a "loan", but rather a "lease agreement with ownership option".
The furniture was delivered on a Monday, I called to pay off the balance the same week on Friday. I still had to pay 5.33% in finance charges which equated to $98.45.
It should not be advertised as 90 days same as cash if you will still have to pay a finance charge regardless of how soon you pay the balance. 90 days same as cash means NO FINANCE CHARGES for at least 90 days...and especially after only 5 days.
Monetary Loss: $98.