Whether you recently bought electrical appliances, furniture or a car – you have definitely noticed the zero percent financing. In today’s episode of “Spar Marie” we explain what it actually is, the dangers this form of payment entails and how you can resist it.
You buy an expensive laptop, you suddenly need a new washing machine or the sofa has to be replaced – but you can’t pay these amounts right away, but thanks to the zero percent financing, payment in small installments is possible. That almost sounds too good to be true – and it is. Or did you know that you are actually taking out a loan with it? We give tips to avoid falling into a debt spiral.
Source: Krone
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
