A Sign of the End of Times

[Charmonium]

If you read the fine print, I'm sure that if you miss a payment or some other nominal infraction that they suddenly charge you 20% interest.

 

[pmv]

If you read the fine print, I'm sure that if you miss a payment or some other nominal infraction that they suddenly charge you 20% interest.

Yeah, that's why I usually 'pass' on these sorts of offers. Sheer laziness.

Though some of them may actually be cost-effective if you play them exactly right, I don't have the energy to check out all the small-print and make sure I follow all the 'rules'.

 

[Charmonium]

..

 

[Lost_in_the_HTTP]

Best advice that my dad ever gave me was to avoid being in debt to anyone if you can avoid it. Yeah you can't avoid getting a mortgage but if you get one pay it off as quickly as you can. Yeah you can get a new car on finance but you could probably pay cash for a decent one if you saved...

I don't generally charge anything I can't pay for with cash, debit or a check. That said, I charge almost everything, even utilities so I can get the rewards points. I redeem those for statement credits to reduce the amount owed and pay off the rest every month. I could pay for it all without using a CC, but why when they're paying me to use them via points?

I bought a used vehicle earlier this year and put it on a CC that was still on a 0% interest promo. Got the rewards points, reduced the balance and paid the rest off over a few months before the promo ended.

 

[ch33zw1z]

Seems to be the same as online retailers doing it, so meh.

 

[[DHT]Osiris]

If you read the fine print, I'm sure that if you miss a payment or some other nominal infraction that they suddenly charge you 20% interest.

Maybe, I'd never miss a payment or anything like that so I don't really consider that, definitely something to consider though.