My thinking is that it’s a way to avoid adding to existing credit card debt, and accumulate more net “interest free debt” so to speak, as it’s a separate pool from a credit card.
Yes, I know. But if one is going to have the debt one way or the other, I kinda see the logic.
I never considered this. That makes them seem more reasonable TBH, though of course they screw you over more if you pay late or pile them up.
Credit cards also don’t charge interest if you pay off the balance every month.
My thinking is that it’s a way to avoid adding to existing credit card debt, and accumulate more net “interest free debt” so to speak, as it’s a separate pool from a credit card.
Yes, I know. But if one is going to have the debt one way or the other, I kinda see the logic.