Quote:
Originally Posted by Patch Tuesday  My understanding of "interest free for a year" goes like this: if you don't pay back the money within that 12 month window, then the quoted interest rate kicks in, AND, you pay back the interest accumulated during that first year that would have been free if you had of paid it back within that 12 month time frame...
Agree?  |
That is exactly the way it works, as long as your not stupid its really a big advantage.