Offer your thoughts or opinion on the input financial query or topic using your financial background.

Are 'no interest if paid in in x months' credit cards worth it?
It has been reported in consumer media (for example Clark Howard's radio program) that the "no interest for 12 months" contracts could trick you with the terms and the dates on the contract. Just as an example: You borrow $1000 on 12/1/2013, same as cash for 12 months.  The contract will state the due date very clearly as 12/1/2014.  BUT they statements you get will take payment on the 15th of each month. So you will dutifully pay your statements as they come in, but when you pay the final statement on 12/15/2014, you are actually 14 days late, have violated the terms, and you now owe all the interest that accumulated (and it wasn't a favorable rate). That doesn't happen all the time.  Not all contracts are written that way.  But you better read your agreement. Some companies use the same as cash deal because they want to move product. Some do it because they want to trick you with financing.  Bottom line is, you better read the contract.