Tuesday, December 30, 2008

Credit Card

Most of the credit card companies now offer 0% interest for 6-12 months if you did not pay up in full for the month. Please take note that its stated very clearly that it will only last you for 6-12 months and not always 0% interest.

So if you are not careful, you will end up paying interest and if you are not able to pay in full at the end of the 12 month period, this will become your credit card debt.

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