From: "Sharon O." 
Subject: Re: Argos - "Interest free"?
Message-Id: 
Newsgroups: uk.finance
Date: Mon, 01 Jan 2007 15:49:54 GMT

On Thu, 03 Aug 2006 13:06:33 +0000, Alex wrote:
> At 12:21:42 on 03/08/2006, Sharky delighted uk.finance by announcing:
>> Not strictly true, as they gain many sales to customers who wouldn't
>> buy at all if they wern't getting the interest free period.  So they
>> may be losing say 5% interest on the money , but they  have gained a
>> 30% profit on the sale.
> 
> If the credit is provided by a third party then they may also get
> commission on that.

Their credit is provided by "ARG", so technically it looks like all their
credit is in-house and not provided by another company which a lot of
store cards seem to be.