Re: Are 0% Apr Credit Cards a Magic Debt Solution?
Be very careful if you ever decide to get new furniture and make no payments for a year. I did this. I had the cash, but decided to let it sit in the bank.
The first month they charged me for "life insurance" that I never wanted. I got it taken off. I also find they will move up the date of your pay off without you knowing it.
If you miss by one day, you owe for all the interest, so always pay it off a MONTH early.
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