TopHot
LPT: If you’re taking out a loan that’s “0% interest for X months” make sure the monthly payments actually pay off the balance in X months
LPT: If you’re taking out a loan that’s “0% interest for X months” make sure the monthly payments actually pay off the balance in X months A lot of financial institutions and retailers will offer financing for large purchases like for example, “buy now with a 0% 18-month loan!” Sounds like a great deal right? You fill out the application, make the purchase, get your shiny new thing, and then start making your monthly payments. Easy peasy. 18 months later you think you’re all set, ...
Category:
