Inside Out Blog

Reconsider Promotional Deferred-Interest Credit Card Plans

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.

At Heights at La Salle Apartments in Durham, North Carolina, nothing is more important to us than your health, happiness, and overall well-being. We offer these informative blogs as a way to enhance your lifestyle beyond the scope of physical features and services we provide in our beautiful and welcoming community.

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