Inside Out Blog

The Truth About This Type of Credit Card Plan

Promotional deferred-interest credit card plans may seem like a good idea, but they can quickly backfire. With these plans, you are often given six or twelve month interest-free to pay your balance. But if you are unable to pay the entire balance at the end of the promotional period, or you are late with a payment at any time, you will most likely have interest charged retroactively. This means that you will pay interest all the way back to the beginning of the promotional period. A better plan is to save up and buy outright what you need right from the beginning.

It’s not unfair for us to say that life will never be better than when you’re living at The Palms at Sawgrass Mills Apartments in Sunrise, Florida! To further improve your day-to-day routine, we bring you these lifestyle-enhancing tips that will help you revamp your lifestyle in a variety of ways.

Sunrise Finances
Latest Blogs