0% Interest Rate Will Cost You
May 2, 2006
Some credit card companies offer 0% interest rates because that is what will make many people become a customer to them. After you have been with them for a few months the interest then jumps 13% or more.
If you are unfortunate enough to make a late payment they move in for the kill. It will cost you more than 19% interest for that one late payment. Even though they also charge you up to $35 for being late.
Just be wary of this and any other credit card offer.
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