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The Water Cooler
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What’s the catch with 84 months 0% APR?
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<blockquote data-quote="CHenry" data-source="post: 4074661" data-attributes="member: 6281"><p>That 0% will revert to 20% or higher if your 1 day late paying the balance. </p><p>That is usually in the fine print, and they charge deferred interest back to day 1.</p><p>Why does anyone need a loan, it just means your too broke to buy something you want...</p><p>The borrower is a slave to the lender.</p></blockquote><p></p>
[QUOTE="CHenry, post: 4074661, member: 6281"] That 0% will revert to 20% or higher if your 1 day late paying the balance. That is usually in the fine print, and they charge deferred interest back to day 1. Why does anyone need a loan, it just means your too broke to buy something you want... The borrower is a slave to the lender. [/QUOTE]
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What’s the catch with 84 months 0% APR?
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