$1000 cash for domain now, vs 3month vs 6month payment plan. how to structure?

[wishmeluck]

hi, negotiating, lets say, a $1000 up front deal.

the buyer wants 3 month and 6 month payment options also.

what is customary and reasonable interest rate for this?

whats a reasonable number to take into account the risk factor of a 6 month delay and not getting paid or missing payments.

 

[Credit]

Do a 5% or 10% interest option

 

[wishmeluck]

thanks, interesting. are you saying perhaps $1050 over 3 months and $1100 over 6?

this is less percentage wise than i would have thought, but i am no expert

and with a username like 'credit', im sure you are lol