How 0% Interest Deals Can Wreck Your Finances, Even If You Never Miss A Payment
- Posted on August 9, 2025
- By Yahoo News
- 4 Views
How 0% Interest Deals Can Wreck Your Finances, Even If You Never Miss A Payment
On the surface, borrowing money at 0% APR looks like a great deal. You get to buy a product or service with someone else's money, and you don't have to pay interest for a while. You can find financing options that let you avoid interest payments for 12 months or more, but even though it sounds good, there are a few ways these deals can hurt your finances. It may seem like there's only one disadvantage. People who borrow money will get burned by high interest rates if they do not repay the balanc