Expert calls some credit card offers ‘bait-and-switch’

Source: Susan Tompor, Detroit Free Press

Holiday shoppers beware: Signing up for instant credit could quickly turn into a jingle hell. Not all financing — particularly when it comes to deferred interest — works the way you'd expect. 

Nearly nine in 10 store credit cards that promote interest-free introductory rates are products that involve deferred interest, according to WalletHub.

Popular retailers that offer some deferred interest programs include Apple, Amazon, Best Buy, Sears, Home Depot and Lowe's, says WalletHub. 

Read Full Article: Expert calls some credit card offers ‘bait-and-switch’





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