ilmscore | 0% APR Financing Pitfall Predictions
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While 0% APR financing might seem appealing for spreading out payments, it can lead to overspending because the immediate cost is reduced, making it easier to buy multiple items and potentially exceeding what would be spent if paying the full price upfront.
"the whole Allure with 0% APR is you spend less money today you want to go out and buy $5,000 sofa to..."
Mar 9, 2024
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