deferred interest credit card

deferred interest credit card

Weekly Tip: Avoid Deferred Interest Credit Cards

Buy now & pay later... It sounds like a deal! 
 
Deferred interest credit cards are advertised as free credit cards that shoppers can get right on the spot. They are offered by major retailers, such as Walmart and Home Depot. So, if you want to buy a computer but don’t have the money, here is a $1000 credit card. You automatically get approved, and you even get 0% interest for a specified term! Deferred interest cards seem like a dream come true for shoppers who don’t have the money to buy what they want. They can worry about paying later.
on Fri, 2014-02-28 13:10