ticking time bombs

Each year, consumers marking items off their holiday shopping lists are tempted by retailers’ store-branded credit cards and the offers of “0% interest for 12 months” or “special financing.” And this year – although it’s only October – is no different.  [More]

Whether you shop online or at brick-and-mortar retailer this holiday season, you’ll undoubtedly be offered countless chances to save money with store-branded financing options offering “0% interest” for six, 12, 18 months. These can be incredibly tempting, but many people don’t realize they are often signing up for deferred interest accounts that can come back to bite you on the rear-end in a very nasty way. [More]