No Stupid Questions@lemmy.world · 4 months ago

How 0% APR credits make money?

No Stupid Questions@lemmy.world · 4 months ago

I mean, the price of the product is the same, I’m taking a loan for the duration of the credit but paying no interest?
What’s the catch?
I can keep my money making a bit of interest instead of giving it right away and without increasing the price of what I was already planning to buy. When or why wouldn’t I choose 0% credits?

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AmidFuror@fedia.io
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4 months ago
5% of $4.00 is $0.20. Think of it as 5 cents per dollar.
- ShepherdPie@midwest.social
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  4 months ago
  Woops I obviously shouldn’t have been doing math before having my coffee.

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