(frankieleon)

Don’t Get Sucked Into Retailers’ Deferred Interest Trap

You’re probably familiar with “same as cash” credit offers from retail stores, where you aren’t charged any interest so long as the entire purchase is paid off within a given period of time (usually 6 or 12 months). But what many of those stores don’t put in the bold type is what happens if you don’t pay by the deadline. [More]