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Conference 7.286::digital

Title:	The Digital way of working

Moderator:	QUARK::LIONELON

Created:	Fri Feb 14 1986
Last Modified:	Fri Jun 06 1997
Last Successful Update:	Fri Jun 06 1997
Number of topics:	5321
Total number of notes:	139771

3947.0. "Will EPP/by pay cheque ever?..." by OTOOA::RANGER () Fri Jun 16 1995 16:27

    
    
    
    Hi, does anyone know if DEC will, or plans to ever re-instate the option
    of buying gear through the EPP & having payments deducted off your
    pay cheque, or did this privelege permanently go the way of the "DoDo
    bird" along with a lot of other things in light of recent times.
    It seems to me that DEC is possibily shooting at it's own feet
    in preventing it's own employees help fill it's coffers. When the
    DECpc's came out a flurry of employees(least where I work) endorsed it
    & bought into this program.
    
    
    This arrangement suited me fine as well as other people I know who were
    more than happy to buy DEC pc products but just didn't
    have the cash on line. Also there's a lot of products DEC has I
    can't buy in a store, say I want a new or used 3100 or whatever for
    whatever.
    
    As a result of this I have since bought about $6,000 worth of pc's &
    peripherals somewhere else. I would have like to have purchased this
    from DEC instead.
    
    
    Regards J.P.

T.R	Title	User	Personal Name	Date	Lines
3947.1		QUARK::LIONEL	Free advice is worth every cent	`Fri Jun 16 1995 16:29`	4
	If you mean interest-free, probably not. You can get a DCU loan with automatic deductions at a reasonable rate (for an unsecured loan). Steve
3947.2		WLDBIL::KILGORE	Missed Woodstock -- twice!	`Fri Jun 16 1995 17:03`	4
	I think the program went away when the payment period exceeded the average employment expectancy.
3947.3	OLDVAX::SYSTEM_MANGLER	OTOOA::RANGER		`Fri Jun 16 1995 17:26`	7
	Thanks Steve, I had never heard of a DCU. Do you or does anyone know if a DCU could be obtained to purchase used DEC equipment? Regards J.P.
3947.4	DCU = Credit Union	SHRMSG::DEVI	recycled stardust	`Fri Jun 16 1995 17:39`	4
	DCU is the Digital Credit Union. Don't know if it extends past the U.S. into Canada. Gita
3947.5	"The philosopher's stone"...	OTOOA::RANGER		`Fri Jun 16 1995 17:51`	11
	re: 3947.2 > I think the program went away when the payment period exceeded the > average employment expectancy. I like that one...
3947.6	My experiences only...your mileage may vary	DPDMAI::EYSTER	Livin' on refried dreams...	`Fri Jun 16 1995 18:21`	3
	A DCU is an organization whose charter is to explain to you why they can't do what you want, but if they could, it would be at a higher percentage rate than your local bank. :^]
3947.7		QUARK::LIONEL	Free advice is worth every cent	`Fri Jun 16 1995 21:21`	4
	DCU does have a special loan program for employee purchases of PCs - I don't know how it would work with used equipment. Steve
3947.8	YES - EPP EXISTS	AKOCOA::PAYDOS		`Mon Jun 19 1995 16:12`	7
	I just bought a Digital PC (May 95) through EPP. The money is deducted from my pay check every week. I received my PC loan through the DCU at a fairly low interest rate. I absolutely love my PC. I plan on writing a note in this notes file some time in the near future regarding my purchase. Colleen
3947.9		QUARK::LIONEL	Free advice is worth every cent	`Mon Jun 19 1995 16:52`	8
	Re: .8 That's not what was being asked for. A few years ago, the EPP program offered interest-free loans for PC purchases where the payments were deducted from your paycheck automatically. DCU wasn't involved. This program was suspended shortly after the layoffs started. Steve
3947.10		SMURF::CANSLER		`Mon Jun 19 1995 19:59`	5
	One also has to remember that the DCU is not a part of Digital Equipment Corp. bc
3947.11	DCU compliment	OFOSS1::GINGER	Ron Ginger	`Tue Jun 20 1995 13:36`	4
	One should also note that many people find DCU a valuable service, and have no problem with it. Since the complaints seem more vocal than the compliments, I thought someone ought to complement them.