Quote:
Originally Posted by redshirt1957
Last time I will get on my credit soapbox. Call me crazy, but I never use credit. I don't care if the offer is interest free. Nothing is free. My suggestion is to only pay cash at time of purchase. It you ain't got the cash you cannot afford free credit. Now I sound like your grand-dad. Well hell son, I am old enough to be your grand-dad. Good luck as it is your decision to make.
|
That's an interesting viewpoint, but could you elaborate further? You say nothing is free - are you therefore implying that the interest free credit isn't real? I'm sure many would attest that it is.
In addition, even if you had the money, wouldn't the interest free credit be the best option, given the interest you could earn on that money in a savings account?
The view that "if you don't have the cash, you can't afford it" is flawed, in that I can afford it, just not within an immediate timeframe. Paying slowly and not immediately is still paying.