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re: 0% interest question
Posted on 2/19/13 at 11:14 am to Vols&Shaft83
Posted on 2/19/13 at 11:14 am to Vols&Shaft83
quote:
84% of the 0% interest loans are not paid off in the 90 day, 6 month, or 12 month time periods. That's almost all of them. So yes it is a risk.
It is the same as reward points on credit cards, users see this as free money, but the credit card issuer knows the majority are not going to pay off the card in full.
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