Thursday, November 13, 2008

Interest-Free only if You Pay in Full

This is a trick alot of credit card companies play on consumers, they boast about their interest-free period credit cards but what consumers do not know is they must pay off the balance of their credit cards in order to recieve that interest-free period. If you do not pay the full balance of your credit card then you miss out on the interest-free period and are charged interest from the date you purchased your items, this get’s worse because in order to get interest-free period you must pay in full your balance on current and future purchases.

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