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When zero percent interest isn't free: understanding the real cost of credit
By @thesavingsdesk
Advertisements for interest free credit often make borrowing look like a no brainer. A new washing machine, a laptop, or a refrigerator can be taken home today with no interest charged over the repayment period. On the surface, it sounds like free money. But the true cost of such credit rarely stops at the interest rate. Fees buried in the small print can turn what looks like a bargain into a surprisingly expensive deal. Understanding where those fees hide and how they affec
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