Soldato
- Joined
- 28 May 2007
- Posts
- 10,222
Sorry if this offends you, but it's only 'rubbish' because you don't understand it and are working with outdated views on very low-interest or interest-free credit. 0% finance, for example, is a true no-brainer if you can use it to pay for things and I believe OCUK offer 10 months interest free on some products (not sure what though). If you invest your money then you make the interest back and more by keeping it invested and not by taking it out to pay for things in lump sums.
Paying high interest is obviously bad, but then that's why I specifically said low or no interest.
I am not offended in the slightest but i know if i pay upfront and already have near on max credit there is no benefit to me paying interest. Why would i want to be paying out over any amount of months when i have the money as i planned in advance.