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Christmas club account

i have never heard of these before and I had a question: The ad says " make 49 out of 50 payments and we will make the 50th equal to the level of the preceding 49. Does that mean they double your money or make the last (50th) payment for you equal to previous payments?

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blue_glass_mama

Asked by blue_glass_mama at 10:39 AM on Oct. 22, 2010 in Money & Work

Level 17 (3,982 Credits)
Answers (4)
  • I would think they would make the last payment.
    jasesmommy0529

    Answer by jasesmommy0529 at 10:45 AM on Oct. 22, 2010

  • It means they make the last (50th) installment for you. For example, if you put in $20 per week for 49 consecutive weeks, then they will put in $20 on the 50th week.
    mommy11260

    Answer by mommy11260 at 11:00 AM on Oct. 22, 2010

  • They would make the final payment, not double your money.
    HotMama330

    Answer by HotMama330 at 11:25 AM on Oct. 22, 2010

  • They make the last payment....my mom used these when we were growing up.....
    Anna92464

    Answer by Anna92464 at 3:53 PM on Oct. 22, 2010

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